Indigo Ag is the innovative leader and trusted partner in sustainable agriculture, uniquely leveraging science and technology to turn sustainability into value for farmers, agribusinesses, and corporations.
Indigo's integrated business platform allows each player in the ag supply chain to simultaneously adopt and profit from their sustainability efforts.
Indigo was founded in 2013 as Symbiota by Noubar Afeyan, David Berry, and Geoffrey von Maltzahn. The company is based in Boston, MA, with operations across 14 countries.
Indigo started out working with plant microbes to improve the yields of staple crops such as cotton, corn, wheat and soybeans. It later expanded its business lines to offer crop marketing, storage and logistics programs to farmers and later to create a carbon credits program, Carbon by Indigo.
Indigo core offerings – Carbon, Market+, and biotrinsic – integrate across the supply chain to optimize how the world’s most impactful crops are produced, sourced, and distributed. Indigo is working with multibillion dollar companies to reduce their Scope 3 emissions through its Market+ Source program and is on track to deliver 30 million bushels of sustainably grown grains in 2023.
Indigo has also produced an industry-leading 133,000 registry issued, agricultural carbon credits of the highest quality and scientific rigor. Indigo is already working on its unprecedented third carbon crop and enrollment figures for its fourth carbon harvest show continued growth in both farmer and acreage participation.
Indigo's is backed by Flagship Pioneering, Investment Corporation of Dubai (ICD), State of Michigan Retirement System, Alaska Permanent Fund, Activant Capital, Lingotto Investment Management, Unic-Tech, Empede Capital, and others. The company raised $250M in a new round on Sep 15, 2023. This brings Indigo's total funding to $1.5B to date. The latest round saw a major drop in Indigo's valuation to $200M. Indigo was last valued at $3.5B after a funding raised in Aug 2020.