Indigo Garners $56,000,000 Series B Financing Round

  • Feed Type
  • Date
    2/18/2016
  • Company Name
    Indigo
  • Mailing Address
    101 Main Street 14th Floor Cambridge, MA 02142 USA
  • Company Description
    Indigo is pioneering microbial solutions for Symbiotic Agriculture — a new approach to naturally improve plant health and growth by promoting a healthy microbiome.
  • Website
    http://www.indigoag.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $56,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Indigo is trying to first tackle abiotic stress, the type caused by environmental factors such as, say, insufficient water and salty soil. The company is specifically enhancing crops so they get the same yield with less water because most existing technologies are not very good at addressing this issue. In the future, Indigo will take on biotic stresses, which come from living things like weeds and insects.
  • M&A Terms
  • Venture Investor
    Flagship Ventures
  • Venture Investor
    Undisclosed

Trending on Xconomy