Pivot Bio raises $430 million to replace synthetic fertilizers in agriculture
Story Date: 8/11/2021

 

Source: AGRIBUSINESS GLOBAL, 7/19/21


Pivot Bio, the leading nitrogen innovator in agriculture, has announced the close of a $430 million Series D funding led by DCVC and Temasek, bringing the total equity raised to more than $600 million. The funding will fuel the company’s accelerating release of disruptive products focused on replacing the $60 billion of synthetic nitrogen fertilizer sold each year just to sustain corn, wheat, and rice. Synthetic nitrogen fertilizer supports the demands of today’s global food system.

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