Bill Gates Invests in Clean Air-to-Nitrogen Fertilizer Startup

Bill Gates

Photographer: Chris Ratcliffe/Bloomberg
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Bill Gates thinks he can shake up the $65 billion market for nitrogen fertilizer.

Gates’ Breakthrough Energy Ventures led a $100 million funding round for Bay Area startup Pivot Bio that will help scale up output of a technology that uses microbes to deliver nitrogen to corn. Temasek also participated. The Series C funding round just closed.