Pivot Bio

Pivot Bio

A company that creates technology that is focused on nitrogen fixation in cereal crops through microbes.It was founded in 2010 and is located in Berkeley, California.

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Edits on 14 Aug, 2020
Jason D. Rowley"Research engine edit"
Jason D. Rowley edited on 14 Aug, 2020
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Company status
Active
Edits on 4 Aug, 2020
Aleksander Holm
Aleksander Holm edited on 4 Aug, 2020
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B2X
B2C
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Golden AI
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CEO
Karsten Temme
Golden AI
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Founder
Karsten Temme
Golden AI
Golden AI edited on 2 Jul, 2020
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Founder
Alvin Tamsir
Aleksander Holm
Aleksander Holm edited on 2 Jul, 2020
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Email address
info@pivotbio.com
Industry
Clean technology (Cleantech)
Phone number
1-877-495-3777
Edits on 11 Jun, 2020
Golden AI"IBI-141"
Golden AI edited on 11 Jun, 2020
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Industry
Synthetic biology
Edits on 13 May, 2020
Aime Anne Nisay
Aime Anne Nisay approved a suggestion from Golden's AI on 13 May, 2020
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On March 23, 2016 Pivot Bio announced raising $16 million in series A funding from Data Collective DCVC (lead investor), Monsanto Growth Ventures, Bill & Melinda Gates FoundationBill & Melinda Gates Foundation, and Jenny Rooke.

Neelam Jhaveri
Neelam Jhaveri approved a suggestion from Golden's AI on 13 May, 2020
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On March 23, 2016 Pivot Bio announced raising $16 million in series A funding from Data Collective DCVC (lead investor), Monsanto Growth Ventures, Bill & Melinda Gates Foundation, and Jenny RookeJenny Rooke.

Aime Anne Nisay
Aime Anne Nisay approved a suggestion from Golden's AI on 13 May, 2020
Edits made to:
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On October 2, 2018 Pivot Bio announced raising $70 million in series B funding from Breakthrough Energy Ventures (lead investor), Tekfen Ventures, Continental Grain Company, and Alan Cohen. The company plans on using their series B funding to launch new products and enter new markets such as Brazil, Argentina, and CanadaCanada.

Aime Anne Nisay
Aime Anne Nisay approved a suggestion from Golden's AI on 13 May, 2020
Edits made to:
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On October 2, 2018 Pivot Bio announced raising $70 million in series B funding from Breakthrough Energy Ventures (lead investor), Tekfen VenturesTekfen Ventures, Continental Grain Company, and Alan Cohen. The company plans on using their series B funding to launch new products and enter new markets such as Brazil, Argentina, and Canada.

Aime Anne Nisay
Aime Anne Nisay approved a suggestion from Golden's AI on 13 May, 2020
Edits made to:
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On October 1, 2014 Pivot Bio announced raising $750,000 in seed funding from Monsanto Growth VenturesMonsanto Growth Ventures (lead investor) and Data Collective DCVC.

Aime Anne Nisay
Aime Anne Nisay approved a suggestion from Golden's AI on 13 May, 2020
Edits made to:
Article (+6/-6 characters)
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On October 2, 2018 Pivot Bio announced raising $70 million in series B funding from Breakthrough Energy Ventures (lead investor), Tekfen Ventures, Continental Grain Company, and Alan Cohen. The company plans on using their series B funding to launch new products and enter new markets such as BrazilBrazil, Argentina, and Canada.

Edits on 12 May, 2020
Golden AI"Funding autocalculation"
Golden AI edited on 12 May, 2020
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Total funding amount (USD)
170,000,000
Golden AI
Golden AI edited on 12 May, 2020
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Funding rounds
Pivot Bio, Inc. funding round, May 2020
Edits on 6 Mar, 2020
Dawson Sewell
Dawson Sewell edited on 6 Mar, 2020
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Funding

Seed

On October 1, 2014 Pivot Bio announced raising $750,000 in seed funding from Monsanto Growth Ventures (lead investor) and Data Collective DCVC.

Series A

On March 23, 2016 Pivot Bio announced raising $16 million in series A funding from Data Collective DCVC (lead investor), Monsanto Growth Ventures, Bill & Melinda Gates Foundation, and Jenny Rooke.

Series B

On October 2, 2018 Pivot Bio announced raising $70 million in series B funding from Breakthrough Energy Ventures (lead investor), Tekfen Ventures, Continental Grain Company, and Alan Cohen. The company plans on using their series B funding to launch new products and enter new markets such as Brazil, Argentina, and Canada.

Edits on 21 Feb, 2020
Jessica Karpinski
Jessica Karpinski edited on 21 Feb, 2020
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Topic thumbnail

Pivot Bio

PivotA Biocompany that creates technology that is focused on nitrogen nitrogen fixation in cereal crops crops through microbesmicrobes.It was founded in 2010 and is located in Berkeley, California..

Article

Pivot Bio is a California-based biotechnology company that uses research from the microbiome to advance the nutrition available in crops. It is developing an alternative to synthetic nitrogen fertilizer with the stated purpose of decreasing the negative effects that synthetic nitrogen fertilizer has on the planet, such as contributing to global warming and ocean dead zones.

Product

The company's product is "Proven" and consists of microbes that are applied in-furrow during planting. The microbes create an interdependent relationship with corn crops by producing nitrogen and delivering directly to the roots of the plants, thus not causing run off during extreme weather events, such as heavy rainfall. In 2018, Proven outperformed synthetic nitrogen fertilizer in national tests that were conducted by the company.

Pivot Bio has started with a solution for corn crops because it is one of the largest global commodity cereal crops. The product is approved in 16 states within the United States and Pivot Bio is working on another product that is designed for soybean crops.

People

Name
Role
LinkedIn

Natalie Hubbard, PhD

Vice President-Regulatory and Government Affairs

Richard Broglie, PhD

CTO

Alvin Tamsir

CSO and Co-Founder

Karsten Temme

CEO and Co-Founder

Further reading

Title
Author
Link
Type
Date

Pivot Bio Is Leveraging the Microbiome for Sustainable Nitrogen Solutions - World AgriTech USA

Web

December 17, 2018

Pivot Bio PROVEN Outperforms Chemical Fertilizer Across Geographies, Soil Types and Weather Conditions

Pivot Bio

Web

February 6, 2019

Pivot Bio Secures $70M Investment For Nitrogen-Producing Microbes

Jenny Splitter

Web

October 3, 2018

Documentaries, videos and podcasts

Title
Date
Link

How Pivot Bio PROVENTM Works

Infobox
Founded date
2010
Industry
Agriculture
Edits on 22 Aug, 2019
Golden AI
Golden AI edited on 22 Aug, 2019
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Funding rounds
Pivot Bio funding round, October 2018
Neelam Jhaveri
Neelam Jhaveri edited on 22 Aug, 2019
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Is a
Company
Edits on 2 Oct, 2018
Carla Faraguna
Carla Faraguna edited on 2 Oct, 2018
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Pivot Bio

Pivot Bio is focused on nitrogen fixation in cereal crops through microbes.

Infobox
Location
Berkeley, California
Categories
Related Topics
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