Fundz

Pivot Bio Raises $430 Million To Replace Synthetic Fertilizers In Agriculture

PRIVATEJul 19, 2021

Amount Raised

$430 Million

Round Type

Funding Round

BerkeleyInformation TechnologyBiotechnologyFarming

Description

Pivot Bio, the leading nitrogen innovator in agriculture, announced today 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. But it is inefficient, expensive for farmers, contributes to seven percent of global greenhouse gas emissions, depletes soils, and harms water supplies and fisheries – synthetic nitrogen is no longer a viable solution for farmers and food security.

Quick answer

Pivot Bio raised $430 Million in a Funding Round round, dated July 19, 2021. Pivot Bio is based in Berkeley, California, United States.

How much did Pivot Bio raise?
Pivot Bio raised $430 Million in a Funding Round round on July 19, 2021.
What does Pivot Bio do?
Pivot Bio, one of the world's leading innovative agtech companies, delivers to farmers patented crop nutrition technologies that harness the power of nature to reliably and productively grow the food the world needs in..
Where is Pivot Bio based and how big is it?
Pivot Bio is based in Berkeley, California, United States. Fundz records about 330 employees.
Who are the decision-makers at Pivot Bio?
Fundz holds 1 contact at Pivot Bio. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Farming and Biotechnology around the same time

Companies in the same sectors as Pivot Bio that raised within 45 days of this round, from Fundz verified event records.

  • Avalo raised $2.9M (Seed) on July 27, 2021.
  • 5Metis raised $600K on July 27, 2021.
  • Phytoform raised $5.5M on July 22, 2021.
  • IBI Ag raised an undisclosed amount (Funding Round) on June 21, 2021.
  • Disc raised $90M (Series B) on September 2, 2021.
  • Litmaps raised $125K (Seed) on September 2, 2021.

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Company Information

Company

Pivot Bio

Location

Berkeley, California, United States

About

Pivot Bio, one of the world's leading innovative agtech companies, delivers to farmers patented crop nutrition technologies that harness the power of nature to reliably and productively grow the food the world needs in the face of increasing volatility. Currently available in North America and soon in Brazil, the company's products are a breakthrough innovation and one of the agriculture industry's most promising climate solutions. Pivot Bio has been recognized three times by Time magazine on its annual list of best inventions, by Fast Company on its World Changing Ideas and World's 50 Most Innovative Companies lists, by CNBC on its Disruptor 50 list of private companies, by Fortune on its Impact 20 list of startups driving social good and by MIT Tech Review as one of 15 climate tech companies to watch.

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Related People

1 contact
Verified contacts15 people are listed at Pivot Bio. We don't have their email yet.See plans and pricing
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Pivot Bio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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