Massachusetts Startup Inari Raises Equity at $1.65 Billion Value
Inari uses technology to develop seeds that require less water, land and fertilizer.
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Massachusetts agtech startup Inari Agriculture Inc. said it raised $103 million of new equity at a $1.65 billion valuation.
Existing investors including Hanwha Impact, Canadian pension giant CPP Investments, Rivas Capital, NGS Super, State of Michigan Retirement System and Flagship Pioneering participated in the round, as did new investors such as the RCM Private Markets fund, an affiliate of Rokos Capital Management.