Pivot Bio Raises $430 Million to Replace Synthetic Fertilizers in Agriculture
Retrieved on:
Monday, July 19, 2021
Pivot Bio's clean nitrogen immediately decreases and permanently prevents synthetic nitrogen emissions from the environment, potentially avoiding approximately $200 billion of environmental impact.
Key Points:
- Pivot Bio's clean nitrogen immediately decreases and permanently prevents synthetic nitrogen emissions from the environment, potentially avoiding approximately $200 billion of environmental impact.
- Pivot Bio's next stage of growth will focus on rapidly scaling its U.S. business and expanding into key international markets.
- Pivot Bio has delivered the kind of win-win-win breakthrough DCVC is honored to back, and on which we are focused as a firm."
- Pivot Bio PROVEN 40, the company's fourth commercial product in three years, enables farmers to replace up to 40 pounds per acre of synthetic nitrogen, almost double the performance of Pivot Bio's inaugural product.