Pivot Bio Stock
Agricultural Technology
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About Pivot Bio Stock
Pivot Bio is an agricultural tech company that claims to take nitrogen from the air and make it available for plants. Pivot Bio has focused on developing its proprietary microbial technology that aims to supply the daily nitrogen cereal crops require. Pivot claims its microbes are specially designed to work on cereal crops, some of the most nitrogen hungry crops that are grown.
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Pivot Bio was founded in 2010 by Karsten Temme and Alvin Tamsir and is headquartered in Berkeley, California. Notable investors include DCVC, Monsanto Growth Ventures (MGV), and Temasek Holdings.Â
Investors
Prelude Ventures, LLC
Codon Capital
Rockefeller Capital Management
Monsanto Growth Ventures (MGV)
Funding History
October 2014 | $1000K |
---|---|
March 2016 | $16.0M |
September 2018 | $71.3M |
April 2020 | $105M |
July 2021 | $435M |
Management
Chief Executive Officer
Karsten Temme
Chief Financial Officer
Doug Jeffries
Press
prnewswire - Mar, 20 2024
Pivot Bio to Sponsor Farmer-Centric Row Crop Biologicals Studyagfundernews - Mar, 19 2024
Pivot Bio talks insets vs. offsets, paying farmers, and why nitrous oxide is an overlooked emissionprnewswire - Mar, 18 2024
Pivot Bio Shares Four Trends Driving Agriculture Forwardamestrib - Mar, 1 2024
Pivot Bio opens $14 million facility at Iowa State Research Park