Nitrogen fertilizer developer Pivot Bio has raised another $430 million dollars to replace synthetic fertilizers in farming, bringing the total to more than $600 million.
Pivot Bio’s vice president of product development said funding is being put towards an emerging product that is helping farmers more efficiently fertilize crops while having a smaller environmental impact.
Ernie Sanders tells Brownfield 40 to 60 percent of synthetic fertilizer doesn’t reach intended plants because of runoff or greenhouse gas emission.
