Seed startup closes $100 million funding to tackle water scarcity
Seed startup Indigo said that it closed a $100 million Series C investment, the largest private equity financing in the agriculture technology sector. Indigo first came onto the map in February when it unveiled cotton seeds laced in probiotics that conserve water and help replenish the soil. With more funding, the company plans to expand research and launch its first line of probiotic wheat seeds.