The agricultural product and services provider added $100m to a FedEx-backed round that reportedly values it at $3.5bn.
US-based crop sustainability product supplier Indigo has received about $300m in series F funding from investors including logistics services firm FedEx, at a $3.5bn post-money valuation, Axios reported today.
FedEx took part in the round’s $200m first close in January this year, contributing to the $175m equity portion along with Flagship Pioneering and Alaska Permanent Fund. The latter two joined Riverstone Holdings in the second tranche of the round, which reportedly has a $500m target.
Formerly known as Symbiota,…
