NAKI

Company Overview

Snapshot

Founded in June 2022 by Barak Manbar and Michael Kuflik, NAKI operates with 1–10 employees. The company has successfully raised $1.5M across two funding rounds, with New Gate Capital participating. NAKI focuses on transforming food industry waste into valuable biofuel feedstocks, notably securing a grant in February 2024.

Business overview

NAKI specializes in converting untreatable sludge from the food industry into valuable materials, primarily biofuel feedstocks. The company's core technology implements a carbon-negative process locally at food industry facilities, enabling on-site biogas production and creating additional revenue streams. NAKI's approach fosters a local circular oil ecosystem, reducing landfill volumes and decreasing reliance on imported feedstock for Sustainable Aviation Fuel (SAF). The company operates within the Energy Tech, Industrial Technologies, and Climate Tech sectors, contributing to environmental sustainability by reducing carbon footprints and promoting waste reduction and resource efficiency.

Company Intelligence Q&A

What is NAKI's primary focus?

NAKI focuses on transforming untreatable sludge from the food industry into valuable material through a carbon-negative process, contributing to a local circular oil ecosystem.

When was NAKI founded and by whom?

NAKI was founded in June 2022 by co-founders Barak Manbar and Michael Kuflik.

What is NAKI's flagship product?

NAKI's flagship product is Mida Oil, which is derived from the conversion of food industry waste.

How does NAKI contribute to climate change mitigation?

NAKI develops solutions that reduce CO2 emissions by replacing incineration processes and fossil fuels, and by preventing emissions through reduced waste transportation. For every ton of Mida oil produced, 14.9 tons of CO2 emissions are saved.

What is the employee size of NAKI?

NAKI currently operates with 1–10 employees.