Pivot Bio, a multi-billion dollar agricultural technology company, has moved its headquarters from California to Minnesota.
On Wednesday, the company – valued at around $2 billion – announced its corporate HQ will shift from Berkeley, California to Minnetonka, saying it would be “closer to the customers and partners we served every day.”
Pivot Bio manufactures gene-edited bacteria to help crops absorb nitrogen. The product is an alternative to synthetic nitrogen, which can lead to run-off in soil…