Tech Company Financing Transactions
Indigo Ag Funding Round
Indigo Ag, operating out of Charlestown, secured $56 million from Flagship Pioneering and private investors.
Transaction Overview
Company Name
Announced On
2/18/2016
Transaction Type
Venture Equity
Amount
$56,000,000
Round
Series B
Investors
Flagship Pioneering (Lead Investor) (David Berry)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
500 Rutherford Ave. 201
Charlestown, MA 02129
USA
Charlestown, MA 02129
USA
Phone
Website
Email Address
Overview
Alongside growers and buyers, we are building a system responsive to demands for high quality and sustainably produced food and fiber. Indigo develops microbial and digital technologies that improve grower profitability, environmental sustainability, and consumer health.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Perry
Chief Information Officer
Michel Fontaine
Chief Operating Officer
Karsten Neuffer
Chief Operating Officer
Rachel Raymond
Co-Founder
Geoffrey Maltzahn
VP - Bus. Development
Neal Rajdev
VP - General Counsel
Paul Dacier
VP - Human Resources
Katie Czerepak
VP - Product Management
Brian Birtwistle
VP - R & D
Barry Knight
VP - Regulatory Affairs
Eda Reinot
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