"Inari has developed promising technology and an unprecedented approach to plant breeding, which will help farmers sustainably grow more nutritious crops at higher productivity," said Ignacio Martinez, General Partner at Flagship Pioneering. "We are proud of Inari's rapid growth and successful spin-out, and we're pleased to continue to support the company as they progress."
The additional funds will enable Inari to accelerate the deployment of technologies into crops while increasing its cutting-edge technology tools, as well as add to its diverse talent pool of more than 80 scientists, statisticians, engineers and advisors with a wide range of backgrounds from biology, agronomy, data sciences and software engineering.
"As the challenges to global food supplies continue to grow, we need more creative ways to help farmers increase their profitability and grow higher quality crops, while remaining environmentally respectful and providing nutritional food for consumers," said Inari CEO Ponsi Trivisvavet. "With this additional financing, we are well positioned to even further accelerate our ambitions to become a global player in food and agriculture."