SEEDesign company, Inari recently announced the completion of a US$103mn fundraise to develop and commercialise higher-yielding seeds by utilising AI-powered predictive design and multiplex gene editing
One of Inari's existing investors, Hanwha Impact pointed out that Inari's strong progress since their initial investment in 2021, was one of the key reasons for their increased support in this fundraise. A Hanwa Impact spokesperson mentioned that Inaris's revolutionary technology platform when combined with a winning commercial model, would deliver significant value and help create a sustainable future for agriculture. Besides their regular investors, Inari also welcomed new investors including RCM Private Markets fund.
"These investments represent further external validation of Inari's innovative technology and confidence in our creation of significant economic and environmental value by delivering our breakthrough, nature-positive products to seed customers," said Inari CEO, Ponsi Trivisvavet.
For more information, visit: Inari.com
