The additive can help farmers reduce phosphorus fertilizer applications by 50% without compromising crop yield, according to the company. Phospholutions’ RhizoSorb additive can be applied with phosphate or added to phosphate fertilizers during the manufacturing process. “The rest remains in the soil, tied up in a very unavailable form, or gets lost in our waterways,” leading to pollution and degraded water quality, he told AFN. Only about 10% to 30% of the conventional forms we apply to crops get taken up by the plants in that first year. Phosphate fertilizers are highly inefficient, says Phospholutions founder and CEO Hunter Swisher. Ospraie Ag Sciences, Bunge Ventures, the for-profit, global investment arm of Bunge, and crop protection company UPL Ltd participated in the investment, which will be convertible in Phospholuthions’ forthcoming Series B round. The company has just raised a $5.3 convertible note to commercialize its additive, RhizoSorb, in the US row-crop market. ![]() Supply chain disruptions, war and other factors are also making phosphorus fertilizers harder for farmers to obtain.Įnter Phospholutions, a US-based agtech company that wants to promote more efficient phosphorus fertilizer usage with its fertilizer additive that improves phosphorus delivery to plants. But excessive use is hazardous to the environment, contributing to greenhouse gas emissions and waterway pollution. Phosphorus is a key element for plant growth and a critical piece of modern agriculture.
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