Based in Massachusetts, Kula Bio offers “Kula-N,” a patent-protected crop-agnostic biofertilizer that uses the “Xanthobacter autotrophicus” bacteria to fix atmospheric nitrogen in the soil. Kula Bio grows the microbes to a high density using a proprietary process and then fed a carbon-rich energy source to “energize” the bacteria. The microbes are stated to have the ability to store energy, allowing them to function for weeks. The company claims that Kula-N reduces synthetic fertilizer usage by 50% and “communicates” with the plant to supply nitrogen on demand. In addition, it provides the soil with soil organic carbon (SOC) once the microbes die and reduces runoff.
As of June 2024, Kula Bio had not commercialized its product yet. The company planned to launch by the end of 2022 or early 2023 at a cost-competitive price compared with traditional fertilizer. It also revealed plans to build manufacturing facilities near major produce farmers in California and Arizona.
Funding and financials
In January 2022, Kula Bio raised USD 50 million in Series A funding led by Lowercarbon Capital to increase production capacity and further develop its fertilizer technology to include row crops such as corn and soybeans.
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