Inari Secures $144 Million in Funding
Inari, the SEEDesign™ powerhouse, just wrapped up a massive $144M fundraise!
This brings their total equity raised to over $720M—talk about planting some serious growth seeds!
The round got major love from new investors, including a subsidiary of Abu Dhabi Investment Authority (ADIA) and a big-name financial backer eyeing future agri-projects.
Existing champs like Hanwha Impact, NGS Super, and the State of Michigan Retirement System also showed up strong.
CEO Ponsi Trivisvavet said:
"This round of funding underscores investors' steadfast confidence in our business and ability to bring truly impactful solutions to market. Inari is poised to redefine the seed technology landscape as we work to empower the industry with high-performing products on a global scale."
Here’s why this matters: Inari is flipping the script on seed innovation. Think AI meets gene editing, delivering next-gen crops like soybeans, corn, and wheat.
Their approach? Be a partner, not a rival, to seed companies. A game-changer for sustainable farming!
Flagship Pioneering’s Stephen Berenson summed it up perfectly:
"Inari is well poised to create a new paradigm for the seed industry."
This isn’t just about seeds; it’s about reimagining the future of food security and sustainability. Watch this space!