Business Wire

Pivot Bio Joins AIM for Climate as Innovation Sprint Partner

Share

Pivot Bio, agriculture’s leading nitrogen innovator, joins the Agriculture Innovation Mission for Climate (AIM for Climate) as an Innovation Sprint Partner, committing at least $291 million in product development funding over four years to accelerate the adoption of climate-resilient microbial nitrogen fertilizers.

Pivot Bio introduced the world’s first nitrogen-producing microbes to U.S. farmers in 2018. Since that time, the company has introduced multiple microbial nitrogen products for wheat, sorghum and other small grains in addition to its flagship product for corn. Farmers have quickly converted their nitrogen management programs to include nitrogen produced by Pivot Bio’s microbes, while reducing their dependence on synthetic nitrogen fertilizer.

“Microbial nitrogen fertilizer has the potential to permanently and immediately deliver reductions in GHG emissions, while delivering co-benefits to watershed health, biodiversity, and farmer margins,” said Karsten Temme, Ph.D., co-founder and CEO of Pivot Bio. “This could be one of the most important technologies for accelerating progress against the world’s 2030 Sustainable Development Goals.”

Adhering to the root of the plants, Pivot Bio’s microbes convert atmospheric nitrogen to a usable source of the critical nutrient throughout a crop’s growing season. These microbes stay with the plant, eliminating the waste associated with fossil fuel-dependent synthetic fertilizers that are applied on top of the ground. Unlike synthetic fertilizers, Pivot Bio’s microbial fertilizer does not leach into waterways nor volatilize into the air, improving air and water quality.

“Farmers are the foundation of the world’s food system and humanity's greatest stewards of our land,” said Temme. “Pivot Bio is committed to partnering with them to deliver better nitrogen while helping to heal the planet.”

Over the next four years, Pivot Bio will continuously improve the nitrogen production capacity of the Company’s microbes and expand into new geographic markets to help more of the world’s farmers nourish their crops with the most climate-friendly and easy-to-use nitrogen on the market.

“As an AIM for Climate Innovation Sprint Partner, we will bring together the best minds and ideas to accelerate our pace of product development and increase farmer access to a dependable and sustainable nitrogen,” said Temme. “We are working toward a world where microbial nitrogen is the main source of crop nutrition and encourage farmers, government leaders and members of the private sector to get in touch to join us in that mission.”

COP27, the United Nations Climate Change Conference, has been called the “food COP,” devoting an entire day, November 12, to agriculture for the first time. Conservative estimates place the total emissions associated with synthetic nitrogen fertilizer at approximately 9 units of CO2eq for every unit of synthetic nitrogen fertilizer produced. Approximately one-third of those emissions are caused by the Haber-Bosch manufacturing process, with direct and indirect emissions of nitrous oxide (N2O) accounting for the rest. Replacing synthetic nitrogen fertilizer with nitrogen-producing microbes avoids these emissions and has the potential to reduce water use (more than 15,000 liters per ton of synthetic N fertilizer) and improve human health outcomes by reducing ozone depletion and particulate generation.

To learn more about Pivot Bio’s innovation sprint, please watch this video message.

About Pivot Bio:
At Pivot Bio, we believe in meeting the needs of the present without compromising the needs of future generations. Our unparalleled understanding of the crop microbiome will help create a future with cleaner water and air. We are dedicated to providing farmers with solutions so they can grow high-quality, environmentally-responsible, and sustainably-focused crops that help feed families worldwide. For more information, visit www.pivotbio.com and follow us on LinkedIn, Twitter, and YouTube.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Mitchell Craft
405-473-4553
media@pivotbio.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Vertex Announces European Commission Approval of ALYFTREK ® , a New Once-Daily CFTR Modulator for the Treatment of Cystic Fibrosis1.7.2025 14:34:00 EEST | Press release

Vertex Pharmaceuticals (Nasdaq: VRTX) today announced that the European Commission has granted approval for ALYFTREK®(deutivacaftor/tezacaftor/vanzacaftor)for the treatment of people with cystic fibrosis (CF) ages 6 years and older who have at least one non-class I mutation in the cystic fibrosis transmembrane conductance regulator (CFTR) gene. “Thousands of people with CF across the EU may now benefit from this new, once-daily medicine, which has demonstrated further improvement in CFTR protein function versus KAFTRIO,” said Reshma Kewalramani, M.D., Chief Executive Officer and President of Vertex. “With this approval, we are one step closer to our ultimate goal of restoring normal levels of CFTR function in people living with CF.” In two head-to-head pivotal clinical trials, deutivacaftor/tezacaftor/vanzacaftor was non-inferior to KAFTRIO® (ivacaftor/tezacaftor/elexacaftor) in combination with ivacaftor on ppFEV1 and superior at reducing sweat chloride, demonstrating greater improvem

LTIMindtree Launches GCC-as-a-Service1.7.2025 12:30:00 EEST | Press release

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company today introduced its GCC-as-a-Service. The services cater to organizations that may want to set up GCCs, scale their existing ones to optimize costs and create added value. The catalogue covers a spectrum of Build, Operate, Transform and Transfer services, offering clients the option to pick and choose what they require. GCC-as-a-Service commercials are designed on a per-seat or per service basis to ensure cost optimization and value realization. LTIMindtree’s Talent Solutions, part of our Build Services enables clients efficiently onboard business-ready talent from day one through its in-house AI-powered talent acquisition ecosystem. As a part of Transform Services, the Company provides industry specific offerings; technological solutions and frameworks that lead to acceleration of value realization. Clients will be able to leverage its BlueVerse Agentic AI Ecosystem with industry and fu

Network Failures Cost $5M A Year for More Than a Quarter of Global Businesses, According to Expereo1.7.2025 11:00:00 EEST | Press release

Network instability is taking a serious toll on global businesses, with over a quarter (28%) reporting revenue losses of up to $5 million due to network outages or poor performance. Alarmingly, an additional 23% have experienced losses exceeding $5 million. These findings come from an IDC InfoBrief commissioned by Expereo, titled “Enterprise Horizons 2025: Technology Leaders Priorities: Achieving Digital Agility.” Following a series of high-profile IT disruptions over the past year, ranging from cybersecurity breaches to connectivity failures, nearly half (49%) of global businesses have been compelled to re-evaluate their technology infrastructure, and 40% of global tech leaders say it’s caused networking and connectivity to rise higher up the C-suite agenda. Perhaps as a result, networking/connectivity now comes out on top in terms of the technologies global businesses will prioritise in terms of financial investment over the next 12 months (43%). This is followed by Cybersecurity (38

Record Financing for NeXtWind: €1.4 Billion for the Expansion of Wind Energy in Germany1.7.2025 10:52:00 EEST | Press release

NeXtWind, a leading renewable energy company, has secured €1.4 billion in debt financing. The agreement also includes an additional €1.3 billion in so-called accordion facilities, which can be activated in tranches over the coming years. This syndicated loan is the largest of its kind for an independent wind energy provider in Germany, and it opens the onshore wind market to debt investments from major financial institutions both domestically and internationally. NeXtWind will use the new financing to modernize more than half of its wind farms, increasing their generation capacity to over 1 GW by 2028. Subsequently, the company plans to further develop these wind farms into sustainable energy infrastructure hubs. “This financing is a significant milestone for NeXtWind and testament to the confidence in our business model,” explains Lars B. Meyer, Co-CEO of NeXtWind. “Thanks to this novel platform approach, we can optimize our wind farms more quickly and accelerate our growth. In the lo

Celero Ventures Opens $25 Million Early-Stage Fund to Investors Backing the Next Generation of European Software Companies1.7.2025 10:30:00 EEST | Press release

Celero Ventures, a new venture capital firm founded by experienced software operators Dave Wyatt and Nick Cochran, is now raising its debut $25 million fund to invest in early-stage startups across the UK and Europe. The fund, which is already 25% subscribed, targets pre-seed and seed-stage companies building next-generation AI and data infrastructure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250701820933/en/ Nick Cochran and David Wyatt (right) Founders of Celero Ventures Based in London, Celero Ventures is inviting limited partners (LPs) to join its mission of backing exceptional technical founders and accelerating their path to product-market fit and scalable growth. Wyatt and Cochran bring a rare combination of deep go-to-market (GTM) experience and startup leadership. Together, they helped scale both MuleSoft and Databricks—two of the most successful enterprise software companies of the past decade. Their experien

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye