Charlestown ag-tech startup becomes 'unicorn' after $156M round

September 26, 2017


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.

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