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Pivot Bio Nears $2 Billion Valuation As It Raises Whopping $430 Million To Replace Synthetic Fertilizers On Corn And Wheat

September 16, 2021

Pivot Bio broke the code on using microbes to get crops to self-fertilize, allowing farmers to replace their synthetic fertilizers. It’s now worth nearly $2 billion. In July 2021 the company raised $430 million led by venture firm DCVC and Singapore’s Temasek Holdings. The investment brings the agricultural technology startup’s funding to more than $600 million at a valuation of nearly $2 billion.