In the News

Boston, MA, (September 2, 2020) — Indigo Ag, a company dedicated to harnessing nature to help farmers sustainably feed the planet, today announced that its Board of Directors has selected Ron Hovsepian as its next chief executive officer, effective immediately.

. . To promote a pipeline of ag professionals equipped to better support farmers in optimizing their operations for economic, crop, and environmental health, Indigo has partnered with a cohort of public organizations across the State of Tennessee to develop the country’s first digital agronomy certification program. With an emphasis on the latest technological applications and digital tools in agronomy - including courses on geospatial information, data integrity, and precision ag - the curriculum will supplement a foundational understanding of soil health and regenerative agricultural practices. Designed to increase access to quality education and expand representation within the agriculture industry, the curriculum will launch starting this fall at the Tennessee College of Applied Technology Covington, a leader in accessible technical education and industry training. Memphis, Tennessee (August 27, 2020) - Indigo Ag, a company dedicated to harnessing nature to sustainably feed the planet, with support from the State of Tennessee’s Department of Economic & Community Development, today introduced a first of its kind Digital Agronomy Assistant Diploma. The certification, a one-year program designed to equip students with the necessary agronomic and technological skills to support farmers in the 21st century, will debut this fall at the Tennessee College of Applied Technology (TCAT) Covington.

Indigo Ag announces an additional $360M in financing, appoints Stéphane Bancel, Moderna CEO, to Board of Directors

Boston, Massachusetts (July 9, 2020) – Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, today announced that Jim Young will join the company as its Chief Financial Officer. Jim is currently the CFO of Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader and provider of investor communications and technology-driven solutions, and will join Indigo in September.

The partnership leveraged Indigo’s system of solutions to support growers in significantly exceeding the sustainability targets set for 2.2M bushels of rice with Anheuser-Busch last year (10% less water, nitrogen, and greenhouse gas emissions compared to historical county averages).

Indigo’s Atlas satellite imagery technology will be used to further the mission of the World Bank’s Development Data Partnership, a joint public and private sector effort to address global development challenges.

Indigo expands access to transportation logistics support, grain marketing tools, and real-time market insights in response to COVID-19. As an extension of Indigo Transport, a new transportation hotline offers assistance to all growers, buyers, and carriers to ensure the continued, efficient transport of grain. To help growers optimize their profitability potential in volatile market conditions, the company has enhanced its suite of pricing tools and launched GrainWaves, a podcast with real-time insights and analysis of the grain market.

Growers working with Indigo will be able to link agronomic data with John Deere’s Operations Center, a cloud-based system for sharing insights between account managers, agronomists, and growers. The integration will streamline the flow of information between Indigo and its grower customers, improving data-driven decision making to maximize farm profitability. Gathering data directly from on-farm equipment helps Indigo better calculate and pay growers for reducing carbon emissions and increasing soil carbon levels. March 5, 2020, Memphis, Tennessee – Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, today announces its integration with the John Deere Operations Center to link on-farm agronomic data between technology ecosystems. By connecting to the John Deere Operations Center, Indigo enhances its ability to deliver agronomic advice, carbon credits, and crop premiums to growers across the U.S.

With Indigo Marketplace and the new pricing tools, growers can find the selling strategies to manage price risk and achieve their grain marketing goals.  Indigo’s pricing tools, as part of a grain contract with Indigo Marketplace, offer growers the opportunity to deliver to a wide range of buyer facilities at any time.  Growers also have access to Indigo’s managed pricing programs, which brings the expertise of grain marketing advisors to the selling process.

Indigo raises an additional $200M, comprised of $175M in convertible equity and $25M in debt, bringing its total capital raised to approximately $850M.  Since its last financing round in September 2018, Indigo has launched and expanded its key business lines–including Indigo Grain Marketplace, Indigo Carbon, and Indigo Transport–to de-commoditize agriculture.