N2 Applied won the title of best climate technology startup at the Startuplab Summit, receiving a cash prize of 200,000 kroner. The award spotlights the company's innovative technology that converts livestock manure into an alternative for synthetic fertilizers, using electricity to extract nitrogen from the air for this purpose.
CEO Kristina Løfman expressed pride in her team's achievements and their ambitious plans to scale the technology globally. This victory is particularly notable considering N2 Applied's recent history, as the company had filed for bankruptcy last year before being rescued by two former shareholders who revived the business.
This recognition may enhance N2 Applied's visibility and support its ongoing efforts to promote sustainable agricultural practices.