The Deal and Investors:
Boston, Massachusetts-based sustainable agriculture solutions provider, Indigo Ag Inc (Indigo Agriculture or Indigo), announced today the raise of USD 360mn in additional financing, with participation from new and existing investors including Alaska Permanent Fund and Flagship Pioneering, bringing total capital raised by Indigo since inception to more than USD 1.2bn.
The latest funding, comprising USD 260mn in Series F preferred equity and USD 100mn in convertible equity, brings Indigo’s total Series F preferred financing to USD 535mn.
Indigo didn’t disclose the latest valuation of the company. Its representatives didn’t immediately respond to AnalyzeMarkets request for comment. Indigo was previously reportedly valued at USD 3.5bn in its Series E funding round, raised in Sep 2018.
The funding to be used to scale and integrate Indigo’s core lines of business: Indigo Marketplace, Indigo Carbon, Indigo Transport, Digital Agronomy, and Indigo Microbials.
“Indigo’s offerings enable growers to get paid more for quality and sustainability, while harnessing the potential of agriculture to address climate change,” said David Perry, Indigo’s CEO. He added that the Indigo Marketplace, launched in Sep 2018 has completed more than USD 1bn in transactions to date.
The Company and Previous Funding Rounds:
Founded in 2014, Indigo is a sustainable farming and agriculture solutions company. It improves grower profitability, environmental sustainability, and consumer health through the use of natural microbiology and digital technologies.
Indigo’s core lines of business include Indigo Marketplace, Indigo Carbon, Indigo Transport, Digital Agronomy, and Indigo Microbials. Indigo Marketplace is an ecommerce platform that connects farmers directly with buyers of their crops. Indigo also facilitates grain quality testing, transportation, and payment.
Major backers of Indigo include Alaska Permanent Fund, Flagship Pioneering, FedEx, Pacific Western Bank, Investment Corporation of Dubai, Baillie Gifford, Activant Capital,
Previously, Indigo had raised USD 250mn in Series E funding round in Sep 2018 and USD 203mn in Series D funding round in Dec 2017.
Market Overview:
The global smart agriculture market is expected to grow from USD 13.8bn in 2020 to USD 22bn by 2025, at a CAGR of 9.8%, according to Markets and Markets.
Key players in the market include Deere & Company, Trimble, Topcon Positioning Systems, DeLaval, Heliospectra, Antelliq, AKVA group, InnovaSea Systems, LumiGrow, AG Leader Technology, Raven Industries, AgJunction, and The Climate Corp, among others.
Deal Category Venture Capital
Deal Official Announcement Yes
Deal Announcement 3 Aug 2020
Deal Type USD 360mn Series F Additional Funding
Startup Company Indigo Ag Inc
Startup Category Agritech
Startup Sector Consumer Staples
Startup Country USA
Funding Round Series F
Total Amount Raised USD 360mn
Total Series F funding USD 535mn
Participating Investors Alaska Permanent Fund and Flagship Pioneering
Founded Date 2014
Total Capital Raised Since Established USD 1.
tadalafil 40 mg from india: http://tadalafilonline20.com/ tadalafil gel
buy prescription drugs: https://genericwdp.com/ drugs without doctor script
meds without a doctor prescription buy prescription drugs
prescription drugs without a doctor meds online without doctor prescription
online doctor prescription for viagra viagra without a doctor prescription usa
buying viagra online
generic viagra walmart viagra online usa
order viagra online
generic viagra walmart best over the counter viagra
where to buy viagra
buy generic 100mg viagra online buy viagra online usa
viagra from canada
viagra from india viagra cost per pill
when will viagra be generic
viagra amazon how much is viagra
viagra cost
buy diflucan no prescription diflucan 150 mg tabs
valtrex 500 mg tablet price how much is generic valtrex
viagra over the counter https://viagrapills100.com/ mexican viagra
best place to buy generic viagra online https://viagrapills100.com/ viagra discount
viagra from canada https://viagrapills100.com/ buy real viagra online
п»їviagra pills over the counter viagra
viagra without a doctor prescription
ed pills without a doctor prescription cheap ed pills in mexico
cheap ed pills in mexico
cheap ed pills from canada cat antibiotics without pet prescription
buy ed pills from canada
treating ed cheap ed pills from canada
cheap ed pills
ed medicine online buy ed pills
cheap ed pills usa
can ed be reversed ed pills online
cheap ed pills from india
http://hydroxychloroquinest.com/# plaquenil discount
https://gabapentinst.com/# neurontin cream
http://gabapentinst.com/# neurontin 800mg
https://zithromaxproff.com/# zithromax price canada
where can i purchase zithromax online
http://zithromaxproff.com/# zithromax antibiotic
zithromax for sale cheap
stromectol for sale: order flagyl
generic erythromycin
buy suprax online: buy roxithromycin
buy chloromycetin
order zyvox: generic chloromycetin
vantin online
nitrofurantoin tablets: cleocin online
generic amoxil
india pharmacy: india pharmacies shipping to usa indian online pharmacies review
india pharmacy: india pharmacy mail order india pharmacy without dr prescriptions
meds from india: best india pharmacy best online international pharmacies india
india pharmacy: usa pharmacy india united pharmacy india
viagra pills: pills for erectile dysfunction best erectile dysfunction pills
red erectile dysfunction pill: https://edpillsonline24.com/# best erectile dysfunction pills
ed meds: viagra pills erectile pills canada
erectile dysfunction pills: https://edpillsonline24.com/# buy erectile dysfunction pills online
male erectile pills: https://edpillsonline24.com/# cialis ed pills
cialis ed pills: generic viagra pills pills for erectile dysfunction
over the counter viagra non prescription viagra viagra without a doctor prescription canada
viagra prices: viagra without a doctor prescription viagra without a doctor prescription canada
viagra cheap buy viagra online without prescription viagra online no prescription
best free dating site for serious relationships
[url=”http://datingfreetns.com/?”]the dating list online free [/url]
viagra 100mg price: viagra without prescription non prescription viagra
https://diflucanst.com/# how to buy diflucan over the counter
buy diflucan medicarions: diflucan tablet price – where to buy diflucan online
http://amoxilst.com/# where to buy amoxicillin
generic doxycycline: doxycycline – doxycycline online
http://amoxilst.com/# amoxicillin 500mg prescription
order amoxicillin no prescription: amoxicillin without a doctors prescription – where can i get amoxicillin 500 mg
https://doxycyclinest.com/# doxycycline generic
buy cheap diflucan online: buy diflucan – diflucan 150 mg price