Indigo Agriculture Raises $500M in Series F
Indigo Agriculture has successfully raised $500M in a Series F at a $3.5B valuation led by Baillie Gifford, Alaska Permanent Fund.
Company Overview
Indigo Agriculture is a AgTech company headquartered in Boston, MA, founded in 2014 with 1000+ employees.
Agricultural sustainability and marketplace
Fundraising Details
- Amount Raised: $500M
- Round Type: Series F
- Valuation: $3.5B
- Date: 2019-11-07
- Investors: Baillie Gifford, Alaska Permanent Fund
About Indigo Agriculture
Agricultural sustainability and marketplace The company is positioned in the AgTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Boston, MA
- Founded: 2014
- Team Size: 1000+
- Industry: AgTech
What This Means
This funding round demonstrates strong investor confidence in Indigo Agriculture's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The AgTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Indigo Agriculture's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3.5B valuation marks an important milestone for Indigo Agriculture, positioning the company among notable players in the AgTech industry.
Looking Ahead
With this new capital, Indigo Agriculture is well-positioned to execute on its growth strategy and continue building innovative solutions in the AgTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2019-11-07. For more information about Indigo Agriculture, visit their headquarters at Boston, MA.
