The sweet potato weevil is a very difficult pest to control and it is a serious pest in Africa. So the Bill and Melinda Gates Foundation asked AgBiome if they’d be willing to work on it. They're now entering phase 2.
Nitrogen fertilizer is widely used in row crop production and is a key expense farmers face each year. But often that fertilizer is wasted, washing away after heavy rains or leaching due to irrigation or poor soil quality.
This Thanksgiving, we at AgFunder are thankful for our portfolio companies. Over the last year, we have invested in transformational food system companies, operating across the supply chain, from farm to fork.
On our mission to democratize venture capital and increase investment in the food and agriculture industry, our fund is open to accredited investors as well as institutional investors, and we already have commitments from both.
“Pivot Bio is addressing one of the largest sources of GHGs on the planet – the potent nitrous oxide and carbon dioxide emissions associated with the use of synthetic fertilizers,” said Carmichael Roberts of Breakthrough Energy Ventures.
These provisions include funding for a new USDA pilot project that will incentivize farmers, through payments, to adopt agricultural practices aimed at improving soil health and sequestering organic soil carbon.