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Private Equity Titan Bets on Soil Microbes for Global Change
1 May
Summary
- A private equity titan launched a new startup called Oath.
- Oath develops a powder of microscopic organisms to improve crop yields.
- The product may help soil absorb more carbon dioxide, aiding climate fight.
Bill McGlashan, a seasoned private equity investor, has initiated a new startup called Oath. This venture is centered around a unique product: a fine white powder consisting of numerous species of microscopic organisms.
This innovative powder, when applied to various crops such as coffee and soybeans, has demonstrated potential benefits. Early research indicates it can enhance crop yields and quality, decrease the consumption of fertilizers and water, and potentially boost the soil's capacity to absorb carbon dioxide.
McGlashan envisions Oath as a means to significantly contribute to global food security and farmer welfare. Furthermore, he aims for the company to play a crucial role in combating climate change through improved soil health.
