Massachusetts has a new "unicorn" — a privately held company valued at more than $1 billion.
Four-year-old startup Indigo Ag Inc., which straddles the worlds of biotechnology and software in order to make agriculture more sustainable, says it was valued at $1.4 billion in its Series D funding. The first close of the Series D, announced Tuesday, brought in $156 million from UK-based Baillie Gifford and Connecticut-based Activant Capital. Previous investors Flagship Pioneering and Alaska Permanent Fund also participated.
