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Why investors pumped $100 million into a startup using microbial fungi to turn soil into a crucial tool in the fight against climate change

Loam Bio, a biotech startup, has set out to slow down the rapid advance of climate change while dramatically improving soil health at the same time. The Australian company, founded in 2019, has created a microbial fungi-seed coating to enhance agricultural crops’ ability to store carbon in soil…

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Business Insider

Tasmin Lockwood

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Posted on 29 Aug 2023

Loam Founders standing in a field of canola