Pivot Bio Named to TIME’s List of the Best Inventions of 2023
Oct. 24 2023 (BERKELEY, Calif.)– Pivot Bio, Inc., a sustainable agriculture company, is named to TIME’s annual list of the Best Inventions, which features 200 extraordinary innovations changing our lives, for the second time.
Pivot Bio is recognized for the company’s introduction of PROVEN® 40 OS, which enables corn farmers to seamlessly plant their seeds with up to 25% of the crop’s nitrogen needs already in place. By introducing its products as a seed coating, Pivot Bio is making microbial nitrogen broadly accessible and has unlocked new markets all around the world.
“Pivot Bio’s on-seed technology is helping to change something that has been done the same way for over 100 years, upending a $190B industry,” said Chris Abbott, CEO. “It makes one of the industry’s most promising climate solutions even easier to use.”
Synthetic fertilizer has, until now, been the primary way farmers grow the food the world needs. But it is one of agriculture’s leading contributors to global greenhouse gas emissions and a significant driver of poor water quality, biodiversity loss and air pollution. Pivot Bio’s nitrogen is manufactured with just 2% the emissions of synthetic fertilizer and 1,000 times less water, while not leaching or contributing to nitrous oxide pollution once in the field.
To compile the list, nominations were solicited from TIME’s editors and correspondents, and through an online application process, paying special attention to growing fields—such as AI, green energy, and sustainability. Each contender was then evaluated on a number of key factors, including originality, efficacy, ambition, and impact.
See the full list here: time.com/best-inventions-2023
About Pivot Bio
Founded in 2011, Pivot Bio is a sustainable agriculture company delivering farmers patented crop nutrition technologies that harness the power of nature to reliably and productively grow the food the world needs in the face of increasing volatility. Synthetic nitrogen is one of agriculture’s leading contributors to global greenhouse gas emissions. Our products are a breakthrough innovation and among the industry’s most promising climate solutions because they deliver nitrogen to plants without the negative impacts of synthetic fertilizer. Our nitrogen is weatherproof, safer to handle, does not leach or contribute to nitrous oxide pollution. By making this possible for the first time at scale, Pivot Bio is upending the 190 billion USD nitrogen market. In our fourth consecutive year of growth, our revenue surpassed 100 million USD in FY2023. For more information, visit PivotBio.com.
Contact:
Mitchell Craft
405-473-4553
media@www.pivotbio.com
