Pivot Bio Stock

pivotbio.comFoodTech / AgTechFounded: 2010Funding to Date: $777.87MM

Pivot Bio develops solutions to grow environmentally-responsible and sustainably focused food crops. The company leverages biology, machine learning and computational modeling to reawaken microbes’ natural ability to convert nitrogen from the air to meet crops’ daily nitrogen needs, thus reducing the use of traditional fertilizers.

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Team

Management Team

Karsten Temme
Chief Executive Officer
Alvin Tamsir
Chief Scientific Officer
Lisa Nunez Safarian
Chief Operating Officer
Doug Jeffries
Chief Financial Officer
John Walls
Chief Information Officer
Devang Shah
General Counsel
Evan Wittenberg
Chief People Officer

Board Members

Chris Abbott
Continental Grain Company
Susan Kim
PacBio
Monica McGurk
Tropicana and Mainstream Brands
Matt Ocko
DCVC (Data Collective)
Ryan Rakestraw
Temasek
Cooper Rinzler, Ph.D.
Breakthrough Energy

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Is Pivot Bio a public company?

No, Pivot Bio is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Pivot Bio does not have an official ticker symbol because this company is not currently publicly traded.
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Pivot Bio, Inc., known for delivering sustainability-focused crop nutrition, has named Chris Abbott its Chief Executive Officer effective immediately, according to a press release from the company. Already announced, Pivot Bio co-founder and current CEO Karsten Temme is stepping into the Chief Innovation Officer role.
Nitrogen innovator Pivot Bio‘s revenue hit a milestone by surpassing the $100 million mark, the company reports in its FY2023 results.
Pivot Bio, a sustainable agriculture company, has released data showing its products helped farmers avoid approximately 226,400 metric tons of carbon emissions in 2022, equivalent to powering 44,000 U.S. homes for a year. The company's products also replaced over 32,000 tons of synthetic fertilizer, delivering greater ROI and higher margins for farmers. The data suggests that Pivot Bio's technology is enabling farmers to improve productivity and profitability without contributing to climate change.
Pivot Bio, a US-based company, has developed two bacteria-based treatments that can replace about a quarter of the synthetic nitrogen used in fertilisers without affecting crop yield. The treatments, which can be applied directly to the soil or as a coating on seeds, are now being used on over 3 million acres of farmland in the US. The company estimates that this has resulted in a reduction in greenhouse gas emissions equivalent to 220,000 tonnes of CO2.
Updated on: Jul 26, 2024

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