Inari, a company specializing in seed technology and known for its SEEDesign™ approach, has successfully raised $144 million in a recent funding round, bolstered by positive performance from its initial products and advancements towards commercialization.
This latest investment brings Inari’s total equity raised to over $720 million, reinforcing its financial foundation and supporting future growth strategies.
The funding round garnered substantial backing from new investors, including a subsidiary of the Abu Dhabi Investment Authority (ADIA). Existing stakeholders, such as Hanwha Impact, NGS Super, and Flagship Pioneering, also participated in the fundraising efforts.
According to Inari CEO Ponsi Trivisvavet, the investment reflects strong confidence from the investor community in the company’s mission to deliver innovative agricultural solutions.
Trivisvavet emphasized the company’s goal to transform the seed technology sector by collaborating with seed companies to promote sustainable agricultural practices and enhance food security.
Inari is recognized for its innovative approach to seed breeding, utilizing AI-driven design and advanced gene editing techniques to produce significant advancements in seed technology.
Focused primarily on large-acre crops, such as soybeans, corn, and wheat, Inari’s progress has generated considerable interest from seed companies domestically and internationally.
