Beyond the Pitch
3Bar Biologics and Pivot Bio Help Farmers Increase Crop Productivity and Decrease Need for Fertilizer
COLUMBUS, OHIO AND BERKELEY, CALIF. (PRWEB) MARCH 18, 2019
3Bar Biologics, the cutting-edge biotech company and Pivot Bio, the leader in microbial solutions announce today they have entered into an agreement for 3Bar to provide a proprietary delivery system for Pivot Bio PROVENTM, Pivot Bio’s breakthrough product for biologic nitrogen fixation for corn. This agreement ensures an easy-to-use solution for delivering a sustainable nitrogen source to U.S. farmers.
“We’re pleased to work with 3Bar to deliver our inaugural product to farmers,” said Karsten Temme, Ph.D., CEO & co-founder of Pivot Bio. “Our product is now shipping to farmers across the Midwest who are looking for a reliable source of nitrogen that improves their bottom line and helps increase the sustainability of their operation.”
Pivot Bio was founded in 2011 and announced in October 2018 a $70 million Series B funding round led by Breakthrough Energy Ventures and Singapore-headquartered investment company, Temasek.
“By combining Pivot Bio’s innovative nitrogen-producing microbes with 3Bar’s proprietary packaging to activate and grow fresh microbes on-site, we are helping farmers maximize the quality and performance of their biological products,” said Bruce Caldwell, founder and CEO of 3Bar Biologics. “This product is a game changer for the agriculture industry, and we are thrilled to partner with a like-minded company like Pivot Bio that is focused on improving crop productivity, while also improving sustainability.”
3Bar Biologics has developed a first-of-its-kind package and delivery method that opens the door for microbes proven in research but never successfully commercialized. To keep up with growing demand for its product development services and unique microbial delivery concept, 3Bar doubled its team in 2018 and expects it to double again in the year ahead.
Leaders from both 3Bar and Pivot Bio are attending World Agri-Tech Innovation Summit in San Francisco March 19 & 20.
About 3Bar Biologics
3Bar Biologics is a cutting-edge biotech company that helps the agricultural value chain optimize their solutions for improving quantity and quality of crop production. 3Bar’s proprietary delivery method grows fresh microbes on-site to ensure farmers have the most viable beneficial microbes at the time of application. By partnering with innovative companies and research universities, 3Bar is delivering the highest quality and most cost-effective biological microbe solutions to drive profitability for the agriculture industry, while also reducing its dependence on synthetic chemicals. For more information, visit https://www.3barbiologics.com/.
About Pivot Bio
Pivot Bio believes in meeting the needs of the present without compromising the needs of future generations. Its unparalleled understanding of the crop microbiome will help create a future with cleaner water and air. The team is dedicated to providing farmers with solutions, so they can grow high-quality, environmentally-responsible and sustainably focused food crops that help feed families worldwide. For more information, visit http://www.pivotbio.com and follow @pivotbio on Twitter.
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