Switch Bioworks
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Switch Bioworks Raises $17M in Series Seed Financing to Bring New Biological Fertilizer Technology to the Field
Switch Bioworks, a biotechnology company developing low-cost and sustainable fertilizers, announced it raised $17 million in Series Seed financing led by Change Forces Capital and joined by Grantham Foundation, Astanor Ventures, Acre Venture Partners, Anthos Capital, Thia Ventures, Emerson Collective, as well as the farmer-led Ag Ventures Alliance and others.
The first product Switch Bioworks is developing will be a consortium of diverse symbiotic microbes, where each member is engineered to release nitrogen fertilizer under precise genetic control. Applied at planting using existing farmer practices, Switch’s product will cost less than the conventional fertilizer it replaces, helping farmers improve their bottom line – fertilizer is one of the biggest operating expenses of farming.