Indigo IPO | BioTech | Founded: 2013 | Funding to Date: $591,203,937

Indigo Agriculture (“Indigo”) was founded in 2014 as Symbiota by David Berry, Geoffrey von Maltzahn, Ignacio Martinez, and Noubar Afeyan. The company has not officially endorsed a plan to participate in an IPO.

Indigo is an ag-tech company looking to increase global crop yield and reduce carbon from the atmosphere. The company has raised nearly $850 million in Venture Capital funding from investors including FedEx, G Squared, Activant Capital, Baillie Gifford, Altitude Life Science Ventures, Olive Tree Capital, and Flagship Pioneering. Per company press releases, the company’s last primary round was in September 2018, when it raised $250 million at a post-money valuation of nearly $3.5 billion. Indigo raised an additional $175 million in equity in January 2020 at an undisclosed valuation.

Date of Last Funding Round September 2018
Value at Last Round $3.49 B
Amount of Last Raise $250 MM
Total Funding to Date $591.2 MM

ENTERPRISE VALUE (based on primary fundings)

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