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- InnerPlant Secures $30M Series B to Revolutionize Sustainable Farming
InnerPlant Secures $30M Series B to Revolutionize Sustainable Farming
Slice of Agriculture Team
August 15, 2024
Key Highlights:
$30M Series B funding round led by North American farmers, Coutts Agro at the forefront.
InnerPlant’s technology enables crops to signal stress weeks earlier than existing methods.
Pilot program with GROWMARK tests InnerSoy, a soybean that signals fungal pressure.
Strategic partnerships with John Deere and Syngenta to develop a precision platform for crop protection.
Source (Direct)
Notable Quotes:
“We’ve always put farmers at the center of everything we do and this investment validates that farmer-centric culture and our technology.”
“The ability of farmers to receive data about stress that’s tied directly to plant physiology fundamentally changes how farmers can manage crops, resulting in more durable profitability.”
Our Take:
The $30M Series B funding led by an alliance of large North American farmers underscores the growing emphasis on farmer-centric innovations in agriculture. InnerPlant’s pioneering approach, which allows crops to signal stress long before traditional methods can detect it, represents a significant leap forward in sustainable farming. By empowering farmers with early data, this technology not only optimizes crop management but also promises to enhance profitability in the agricultural sector. The strategic partnerships with industry giants like John Deere and Syngenta further position InnerPlant as a key player in the future of precision agriculture.