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Inari, the SEEDesign™ company, has raised $144 million in its latest funding round, bolstering its financial strength and paving the way for long-term growth. This milestone brings Inari’s total equity raised to more than $720 million, solidifying its position as a leader in seed technology innovation.
Global Investors:
The funding round saw significant contributions from new investors, including an Abu Dhabi Investment Authority (ADIA) subsidiary and a substantial financial investor engaged in upcoming agriculture projects. Existing backers, such as Hanwha Impact, NGS Super, the State of Michigan Retirement System, and founding partner Flagship Pioneering, participated.
"This round of funding underscores investors' steadfast confidence in our business and ability to bring truly impactful solutions to market," said Inari CEO Ponsi Trivisvavet. "Inari is poised to redefine the seed technology landscape as we work to empower the industry with high-performing products on a global scale. In being a true business partner with seed companies, we aim to achieve our vision of a sustainable food system by designing seeds that support a thriving planet, food security and farmer well-being."
Inari combines AI-powered predictive design with an advanced multiplex gene-editing toolbox, delivering breakthrough innovations for large-acre crops like soybeans, corn, and wheat. This asset-light approach is designed to support seed companies, fostering collaboration rather than competition. The company’s progress is generating significant interest within and beyond the U.S.
A Unique Approach to Sustainability:
Inari is redefining the seed industry, focusing on sustainability and a nature-positive food system. Its proprietary technologies aim to unlock seeds' full potential, driving step-change improvements in crop performance while addressing global challenges like food security and environmental impact.
Flagship Pioneering Managing Partner and Inari Board member Stephen Berenson added: "With its pioneering technology, incredible team and commercial traction, Inari is well poised to create a new paradigm for the seed industry, delivering significant value to seed companies and their farmer customers."
About Inari:
Founded in 2016 by Flagship Pioneering, Inari operates out of Cambridge, Massachusetts, with additional sites in West Lafayette, Indiana, and Ghent, Belgium. The company’s team of over 300 employees is dedicated to advancing sustainable agriculture and solving critical food security issues.
With $144 million in new funding, Inari is well-positioned to advance its mission of transforming seed technology. By leveraging AI and gene-editing innovation, the company is shaping a more sustainable future for agriculture, offering solutions to global challenges in food production and environmental sustainability.
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