Inari Raises $103M in Series F

Inari has successfully raised $103M in a Series F at a $1.65B valuation led by Hanwha Impact, CPP Investments, Flagship Pioneering.

Company Overview

Inari is a AgTech company headquartered in Cambridge, MA, founded in 2016 with 300+ employees.

Gene-editing platform for higher-yielding climate-resilient seeds

Fundraising Details

• Amount Raised: $103M
• Round Type: Series F
• Valuation: $1.65B
• Date: 2024-01-30
• Investors: Hanwha Impact, CPP Investments, Flagship Pioneering

About Inari

Gene-editing platform for higher-yielding climate-resilient seeds The company is positioned in the AgTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Cambridge, MA
• Founded: 2016
• Team Size: 300+
• Industry: AgTech

What This Means

This funding round demonstrates strong investor confidence in Inari'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. Inari's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1.65B valuation marks an important milestone for Inari, positioning the company among notable players in the AgTech industry.

Looking Ahead

With this new capital, Inari 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.

This fundraising news was reported on 2024-01-30. For more information about Inari, visit their headquarters at Cambridge, MA.