Anuvia Plant Nutrients Secures $103 Million in Funding

Anuvia Plant Nutrients has successfully obtained $103 million in investment to facilitate the widespread adoption of its innovative fertilizer technology.

The company benefits from the support of investors including TPG ART, Pontifax Global Food and Agriculture Technology Fund, Generate Capital, and Piva Capital.

Currently deployed on approximately 1,200 farms, Anuvia anticipates its technology will be utilized across 20 million acres of farmland by the year 2025.

A Novel Approach to Fertilizer Production

Under the leadership of Amy Yoder, a seasoned agriculture executive representing the sixth generation of a Michigan farming family, Anuvia presents its technology as a crop enhancement solution.

This solution transforms waste materials – including animal excrement, food waste, and agricultural processing byproducts – into valuable fertilizer through a unique catalytic process.

Yoder explains that by applying a specific chemical combination, Anuvia’s process regulates the release of nutrients during plant growth.

This controlled release leads to increased crop productivity while simultaneously minimizing nutrient leaching into the soil, safeguarding groundwater resources and promoting carbon sequestration.

Contributing to Sustainable Agriculture

Anuvia is part of a growing trend of agricultural technology companies focused on improving crop yields and capturing carbon.

This dual approach aims to generate additional revenue streams through increased crop production and carbon capture initiatives.

Companies like Pivot Bio, Indigo Agriculture, AgBiome, and Agrinos are also actively developing crop treatments designed to enhance agricultural output.

“I view much of what’s happening in the industry as highly complementary to our work,” Yoder stated.

“Our technology returns carbon to the soil and manages nutrient availability differently, allowing for potential synergy with solutions like Pivot Bio’s.”

She believes combining these technologies could yield substantial long-term benefits.

Expansion and Future Development

Based in Winter Garden, Florida, Anuvia currently operates a 1.2 million-ton production facility.

The company intends to expand its production capacity and continue innovating new fertilizer formulations for the market, according to Yoder.

Farmers who have adopted the product have reported yield increases of approximately five times their previous levels.

Furthermore, the fertilizer is applicable to all major row crops.

Verification and Environmental Impact

These yield claims have been independently verified by Environmental Resources Management (ERM), a prominent global environmental consulting firm.

The verification process compared Anuvia’s product to traditional fertilizers on corn, rice, and cotton crops.

Anuvia’s treatment process also demonstrates a reduction in greenhouse gas emissions during production, up to 32% compared to conventional fertilizers.

The company estimates its products could equate to removing 30,000 cars from the road in terms of emissions reductions.

Applying the treatment to the 90 million acres of corn grown in the U.S. could reduce emissions equivalent to 1.8 million cars, as stated by Anuvia.

Looking Ahead

“As the global population is projected to reach 10 billion by 2050, we require technology-driven, large-scale agriculture to meet this increasing demand,” asserts Dr. Geoff Duyk, founder and managing partner of Circularis and a member of Anuvia’s board.

“Anuvia’s technology will empower farms to continue providing food for the world.

It will also advance the circular economy, promote sustainability, and improve resource utilization.”