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Karsten Temme and the case for a smaller fertilizer factory
Before he worked on feeding crops, Karsten Temme connected rural Iowa to the internet. At Pivot Bio, the bioengineer has spent years solving another delivery problem: getting nitrogen to the place a plant can use it.
Chris Abbott
Chris Abbott is the Chief Executive Officer of Pivot Bio, a Berkeley-based agricultural biotechnology company pioneering microbial nitrogen solutions that replace synthetic fertilizers. A Minnesota native and University of Minnesota graduate, Abbott built his career at the intersection of agriculture finance and agtech investing - from Wall Street sell-side research at Piper Jaffray to co-leading Continental Grain's Conti Ventures. He joined Pivot Bio's board in 2018, and in August 2023 stepped up as CEO, guiding the company past $100 million in annual revenue while scaling its gene-edited microbes to over 5 million acres. Under his leadership, Pivot Bio achieved 60% year-over-year revenue growth and has helped farmers reduce synthetic nitrogen use by over 129,000 metric tons.