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Agtech Startup Inari Nabs New Funding at $1.5 Billion Valuation

  • Company makes seeds to withstand climate-change impacts
  • Gene-edited corn, soy seeds use less land, nutrients, CEO says

Seed technology startup Inari has reached $1.5 billion valuation after raising $124 million in fresh financing.

The Cambridge, Massachusetts-based company’s funding round includes new investor Canada Pension Plan Investment Board and Sage Hill Investors, as well as company founder Flagship Pioneering and existing investors Hanwah Impact Partners, NGS Super and Banque Pictet.