Kula Bio
6 Mercer Rd, Unit 1, Natick, MA, 01760, United States
Overview
Kula Bio produces Kula-N, a next-generation sustainable nitrogen biofertilizer that helps farmers maintain yield, improve soil quality, and reduce carbon emissions and other environmental impacts associated with synthetic nitrogen fertilizers. Its technology stores energy in a naturally occurring microbe that fixes nitrogen from the air to the soil; the approach is patent-protected and built on peer-reviewed research developed at Harvard University. Since its founding in 2018 the company has demonstrated that Kula-N is crop-agnostic, with trials across geographies and soil types enabling farmers to transition from synthetic fertilizers. Article statements indicate the product can replace a meaningful amount of a farm’s traditional nitrogen use and that demand is rising as farmers face pressure on emissions and nitrogen runoff. Investors quote that Kula-Bio’s drop-in replacement costs less, yields more, and can eliminate nitrogen runoff. The company plans to scale production capacity and continue technology innovation to accelerate deployment. Kula Bio develops Kula-N, a patent-protected next-generation nitrogen biofertilizer derived from peer-reviewed Harvard research that boosts biological nitrogen fixation. Third-party replicated field trials across diverse geographies, soil types and crops show Kula-N can replace up to 80% of a farm’s nitrogen use. Kula-N is applied via irrigation and is designed to work for all crops, enabling farmers to seamlessly transition from synthetic fertilizers. The company positions its product as improving soil health and reducing greenhouse gas and local environmental impacts associated with synthetic nitrogen. Founded in 2018 and based in Boston, Kula Bio recently closed a $10 million seed round and is using proceeds to hire across operations, sales, marketing, agronomy and R&D and to develop its first pilot manufacturing site.
- Total raised
- $60M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Jan 2022
Industries
- Agriculture
- Biotechnology
- Farming
- Food and Beverage
Recent funding
Series A
Jan 2022
$50M
Seed
May 2021
$10M