Indigo Garners $56,000,000 Series B Financing Round
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=465c334a-5486-41e5-a8c1-11a6bc2cf770
Date 2/18/2016
Company Name Indigo
Mailing Address 101 Main Street 14th Floor Cambridge, MA 02142 USA
Company Description Indigo is pioneering microbial solutions for Symbiotic Agriculture — a new approach to naturally improve plant health and growth by promoting a healthy microbiome.
Proceeds Purposes Indigo is trying to first tackle abiotic stress, the type caused by environmental factors such as, say, insufficient water and salty soil. The company is specifically enhancing crops so they get the same yield with less water because most existing technologies are not very good at addressing this issue. In the future, Indigo will take on biotic stresses, which come from living things like weeds and insects.