Pivot Bio Announces Strategic Partnership with Hefty Seed Co. for Advanced Nitrogen Solutions

Portfolio | Dec 21, 2024 | Raptor Capital Management LP

Pivot Bio Announces Strategic Partnership with Hefty Seed Co. for Advanced Nitrogen Solutions

Pivot Bio, a leader in agricultural technology and part of Raptor Capital Management LP's portfolio, has announced a significant distribution partnership with Hefty Seed Company, one of the largest independent agricultural retailers in the United States. Starting in 2025, Pivot Bio's groundbreaking microbial nitrogen source, PROVEN 40, will be available at all Hefty Seed Co. locations. This partnership aims to deliver advanced nitrogen solutions to corn farmers across the Midwest and Plains, enhancing crop management systems with a new mode of nitrogen delivery. Through this collaboration, Pivot Bio will leverage Hefty Seed Co.'s extensive network of 49 retail locations and expert agronomic advice. Additionally, the partnership will offer farmers personalized nitrogen planning and field support, tailored to their specific needs. Pivot Bio’s PROVEN 40 and RETURN products will be available for a range of crops, including corn, sorghum, and wheat. The alliance also includes initiatives such as Pivot Bio's N-OVATOR program, designed to create new revenue opportunities through sustainable agricultural practices, exemplifying a commitment to improving nitrogen use efficiency and long-term farm profitability.

Sectors

  • Agricultural Technology
  • Agriculture Retail

Geography

  • United States – Both Pivot Bio and Hefty Seed Co. are based in the United States, with the distribution partnership targeting the Midwest and Plains regions.

Industry

  • Agricultural Technology – The article is centered around Pivot Bio, a leader in agtech, showcasing its innovative nitrogen solutions and technology platforms aimed at modernizing crop management and improving agricultural efficiency.
  • Agriculture Retail – Hefty Seed Company, a key participant in the article, is a major player in agriculture retail, providing crop protection and seed supplies to farmers across the U.S. The partnership highlights the role of distribution networks in agriculture.

Financials

    Participants

    NameRoleTypeDescription
    Pivot BioTarget CompanyCompanyAn innovative agtech company specializing in microbial nitrogen sources and gene-edited technology.
    Hefty Seed CompanyDistribution PartnerCompanyOne of the largest independent agricultural retailers in the U.S. with a network of 49 locations.
    Raptor Capital Management LPPE FirmCompanyThe private equity firm that has Pivot Bio as part of its portfolio.