InnerPlant
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 2.3m | 3.8m |
% growth | - | 65 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $2.4m | Seed | |
$5.7m | Seed | ||
* | $16.0m | Early VC | |
* | $300k | Grant | |
* | $30.0m | Series B | |
Total Funding | $54.4m |
Recent News about InnerPlant
EditInnerPlant operates in the agricultural technology sector, focusing on transforming fields into living sensors through biotechnology, remote sensing, and data science. The company's core product involves genetically modifying plants to signal their needs, allowing farmers to take timely corrective measures. This innovation helps in reducing chemical usage and increasing crop yields in a scalable and affordable manner. InnerPlant primarily serves farmers and agricultural businesses looking to optimize crop management and sustainability. The business model revolves around selling these genetically modified seeds and providing associated data services. Revenue is generated through the sale of seeds and subscription-based data analytics services. InnerPlant has been recognized for its innovative approach, being named to Fast Company's list of the Most Innovative Companies of 2024.
Keywords: agricultural technology, biotech, remote sensing, data science, crop management, sustainability, genetically modified seeds, chemical reduction, yield optimization, innovative farming.