From the Indigo GeoInnovation Team
Following through on our previously shared commitment, we are releasing data and expert commentary today on yield forecasts for corn and soy in South America. This information – critical to growers when deciding what to buy, at what price to sell, and which seeds to plant for the upcoming season – comes from our satellite and weather-based proprietary data platform.
By David Perry
The agriculture industry is currently one of the biggest contributors to human caused greenhouse gas emissions, but I believe that it is also one of the most hopeful solutions for slowing and reversing climate change.
From the Indigo GeoInnovation Team
Following through on our previously shared commitment, we are releasing data and expert commentary today on yield forecasts for corn and soy in South America. This information – critical to growers when deciding what to buy, at what price to sell, and which seeds to plant for the upcoming season – comes from our satellite and weather-based proprietary data platform. Since there is no corn or soy in the ground in the United States, we are not sharing an outlook for that region. Instead, our predictions are solely for Argentina and Brazil.
Boston, Massachusetts, March 11, 2019 — Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, and Anheuser-Busch, the country’s leading brewer, have announced a partnership focused on sustainable rice production. Indigo has committed to delivering 2.2 million bushels of Indigo Rice™ to Anheuser-Busch that is grown with specific environmental attributes. Growers contracting with Indigo to produce rice for Anheuser-Busch will reduce water and nitrogen used by 10% and achieve at least 10% savings in greenhouse gas emissions compared to state benchmarks. This partnership is the first of-its-kind to offer growers an end-to-end solution that incentivizes the commercial production of sustainable rice.
Raleigh, North Carolina, February 26, 2019 —Today, ten private-sector companies and nonprofit organizations have announced their intent to join together to form the Ecosystem Services Market Consortium.
Boston, Massachusetts, February 20, 2019 — Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, was named one of 2019's Most Innovative Companies, earning #35 overall and #3 in the Food category.
- Indigo Corn thrived nationwide, demonstrating a 10.1 bushel per acre yield increase over neighboring fields, or a 5.5% median uplift.
- Indigo captured full-season data on over 48,000 acres, a dramatic increase in scale compared to the industry standard side-by-side small plot trials.
- Analyzing performance results across tens of thousands of acres allows Indigo to measure the performance of any agriculture technology under real-world conditions.
Boston, Massachusetts, February 14, 2019 — Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, has released 2018 corn harvest data from over 48,000 acres contracted with Indigo. Nationwide, Indigo’s grower partners saw an average yield increase of 10.1 bushels per acre when compared to neighboring fields, translating to a 5.5% median uplift. Leveraging satellite technology, data was gathered on more than 2,100 fields across the country. For the analysis, Indigo controlled for weather and land factors impacting specific regions and agriculture practices implemented by different growers.
From the Indigo GeoInnovation Team
Indigo announced yield forecasts in January for corn and soybeans across the Americas, democratizing data for the grower community to better navigate global markets during the U.S. government shutdown. With the shutdown, the doors of the United States Department of Agriculture (USDA) had closed. No work in that department meant that there was an indefinite hold on a key report, known as the World Agriculture Supply and Demand Estimates (WASDE), which documents directional changes for yield forecasts and other impactful metrics. The report is viewed as a foundational source for decision-making for growers and buyers across the world, deciding what to buy and sell, from and to whom, and when.
Indigo Ag, Inc. Hires Executive Leader and Former StubHub CMO Jennifer Betka to Unite Global Stakeholders in the Movement Towards Beneficial Agriculture
- Jennifer Betka joins Indigo as Chief Marketing Officer after a career of successfully elevating category-leading brands in transformative cultural moments
- In her new role, Betka will communicate and align the value of Indigo's products and services under a singular resonant brand that spans the food system
Boston, Massachusetts, February 7, 2019 — Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the appointment of Jennifer Betka as Chief Marketing Officer. As Indigo’s first CMO, Betka will develop Indigo’s global brand.
By David Perry
The automotive industry boomed in the United States during the mid-twentieth century. This paired with the development of an interstate highway system led to a new method for the transport of agricultural products: trucking. Hauling grain by truck became a potentially cheaper and more efficient alternative to trains and steamships, depending on the distances involved.
Indigo Agriculture Launches Indigo Transport™, a Digital Logistics Platform to Expand Options for Growers and Streamline the Agriculture Supply Chain
- Indigo Transport is a full-service digital logistics platform designed to connect shippers and carriers for the efficient haul of agricultural products
- Indigo Transport is integrated within Indigo Marketplace™ to enable access to a range of buyers, including those outside of a grower's immediate market
Carriers are vetted and certified for the quality of their equipment and services, ensuring the reliable transfer of grain
- Growers are able to act as carriers themselves, enrolling their own trucks to the platform
Boston, Massachusetts, January 30, 2019 — Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the launch of Indigo Transport. The $7.5B agriculture transportation market represents the third largest sector within the US transport industry. It moves 800M tons of products annually yet remains inefficient and costly for stakeholders throughout the supply chain. Shippers of agricultural products – including growers, food processors, grain elevators, etc. – are faced with a time-intensive and often unreliable sourcing process. Inconsistent demand and limited price transparency reduce carrier profitability. In addition, absence of digitized load-matching leads to unsustainable greenhouse gas emissions. Indigo Transport solves these inefficiencies by implementing technology to connect shippers, buyers, and carriers for an optimized transportation network.
Indigo Ag, Inc. Shares January Corn and Soybean Yield Forecasts for the Americas to Help Global Grower Community Navigate Market During US Government Shutdown
- Indigo has the capability to forecast crop yield and production around the globe with recently acquired satellite imaging and machine learning platform whose yield prediction capabilities have outperformed the USDA's in recent years
- With the US government shutdown delaying the release of critical market data, Indigo utilizes newly acquired platform to share directional changes to soybean and corn yield and production forecasts for the Americas, representing 82% and 48% of the world’s supply in these two crops, respectively
Access to market data is not only critical for grower decision-making and planning, but for buyers, food companies, and the global financial markets, especially in the absence of the January 11th USDA WASDE report
Boston, Massachusetts, January 11, 2019 — Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, publicizes directional changes to January soybean and corn yield and production forecasts for the 2018/2019 season across the Americas. With the application of machine learning and artificial intelligence to satellite imagery, Indigo garners global yield performance and production data of crops in real-time. Indigo stakeholders, including growers, leverage this data for various objectives throughout the season.
Today, we’re excited to announce Indigo’s acquisition of TellusLabs, a satellite imaging and artificial intelligence company based out of Somerville, Massachusetts. This joining of their mission with ours has been over a year-and-a-half in the making, and is a product of our Indigo Research Partners’ engagement with innovative startups around the world. Here’s the story of how this came about, what we’ve been working on together, and how our work will offer powerful tools to Indigo growers in the years to come.
Indigo Ag, Inc. Acquires TellusLabs, a Leader in Satellite Technology and Artificial Intelligence, to Enhance Indigo’s Data-Driven Agronomic Solutions
- Indigo has acquired TellusLabs, a leader in the use of satellite technology and artificial intelligence whose mission is to build a living map of the world's food supply.
- TellusLabs' agricultural intelligence technology will integrate with Indigo's deep record of on-farm data, culminating in a platform that will provide growers and buyers with access to personalized, data-driven insights.
The acquisition of TellusLabs will allow Indigo to further its commitment to improving grower profitability and environmental sustainability, while bringing transparency to the global food system.
Boston, Massachusetts, December 13, 2018 — Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the acquisition of TellusLabs, a leader in the use of satellite imaging for developing agricultural insights. Indigo adds TellusLabs’ proprietary platform and staff of experts to reduce risk and increase yield potential for growers. With this technology and personnel, Indigo will expand the scope and precision of its data insights and recommendation platform. These insights will bring transparency to the global food system while supporting grower profitability, environmental sustainability, and consumer health.
Indigo Ag Launches Indigo Certified Agronomist Program, Connecting Independent Agronomists with Growers to Improve On-farm Profitability
- Agronomists optimize on-farm decision-making to increase grower profitability, while also gathering data that can be made actionable for future seasons
- Indigo certifies independent agronomists on the basis of demonstrated experience, academic credentials, and completion of Indigo’s rigorous training program
- Agronomists certified by Indigo are introduced to an extensive network of potential growers
Memphis, Tennessee, November 13, 2018 -- Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the launch of the Indigo Certified Agronomist Program (ICAP). Designed to maximize grower profitability, the program certifies independent agronomists to service acres grown with Indigo’s microbial-treated seeds. Insights from these professionals are a component of Indigo Certified Crops™.
Indigo Launches Grow Indigo™, a Joint Venture with Mahyco Grow™, a Leading Indian Agri-Innovator, to Bring Microbial Technology to South Asian Farmers
- Indigo’s first venture into smallholder markets, the partnership aims to improve grower livelihoods through microbial technology
- Indigo’s collaborative associate, Mahyco Grow™, has built an extensive network of grower relationships that can be leveraged to bring treated seeds to farms across the country
- Microbial products can help mitigate the effects of environmental stress on crops throughout the region
Boston, Massachusetts, October 23, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, and Mahyco Grow™, a leading agri innovation major headquartered in India’s Maharashtra state, have announced the launch of a joint venture to provide growers across South Asia access to cutting-edge seed treatments. The venture, proposed to be called Grow Indigo™, marks Indigo’s first expansion into smallholder markets, where average farm sizes are typically one to three acres.
Indigo Agriculture Announces 2019 Indigo Certified Cotton™, the Latest Addition to Indigo Certified Crops™
- Growers of Indigo Certified Cotton™ can increase their profitability with higher yields and guaranteed premiums on acres marketed with Indigo
- The base agreement of the offer includes Indigo® microbial-treated seed and agronomic support, with the option to add other services available through Indigo
- Growers can market their fiber independently, or find buyers through Indigo
Boston, Massachusetts, October 9, 2018 –Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces its latest offer, Indigo Certified Cotton™. Available for the 2019 crop season, Indigo Certified Cotton offers growers premier inputs to achieve higher yields and flexibility to decide how to market their fiber, while also emphasizing sustainable growing practices.
Indigo Agriculture Launches Indigo Certified Crops™, an Offer to Increase Grower Profitability and Marketing Flexibility at Harvest
- Indigo Certified Crops™ is a new offer for U.S. growers, integrating the company’s microbial and digital technologies with the newly announced Indigo Marketplace™
- The offer aims to increase grower profitability with higher yields and guaranteed premiums on grain sold through Indigo Marketplace™
- Growers engaged in Indigo Certified Crops™ retain decision-making authority in the marketing of their grain
Boston, Massachusetts, September 20th, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces its newest offering for the 2019 crop season, Indigo Certified Crops™. Indigo Certified Crops was built to provide growers with flexibility in the marketing of their grain, while increasing profitability through higher yields and premiums guaranteed on grain sold through Indigo Marketplace™.
By Austin Weinstein
By David Perry
The system by which we grow and distribute grain is well over a hundred years old. In the early 1900s, with significant urban migration, came the need for an efficient way to transport crops from rural areas to city centers. This led to the development of a commodity system, in which growers brought their harvested grain to silos where it was mixed with their neighbors’. Growers were paid a set price for each bushel, without regard to source, seed, or process by which it was grown. From there, grain was loaded onto railroad cars or steamships and eventually reached consumers, who increasingly purchased food grown hundreds or thousands of miles from where they lived. For a time, this worked well – it fed our nation, and the world.
By Christian Kreznar
- Indigo extends efforts to decommoditize agriculture with launch of Indigo Marketplace™, a digital platform for buying and selling grain
- Indigo Marketplace has already connected thousands of U.S. growers and buyers, with billions of dollars in inventory and demand
- Supporting Indigo’s mission and the expansion of Indigo Marketplace is a Series E raise of $250M, bringing Indigo’s total capital raised to over $650M
Boston, Massachusetts, September 18, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the launch of Indigo Marketplace™, along with the close of a $250M Series E funding round. Indigo Marketplace allows the company to further its vision for decommoditizing agriculture to better support grower profitability, environmental sustainability, and consumer health.
2018 Indigo Wheat™ Harvest Data Demonstrates Significant Yield and Quality Improvements Across more than 40,000 Acres
- Leveraging satellite technology, Indigo releases data on an unprecedented 40,000+ acres from the 2018 commercial wheat harvest
- Indigo Wheat™ demonstrates median yield gains of 12.7%, with protein content averaging 13.8%
- Growers of Indigo Wheat™ with a 40 bushel per acre average have the potential to earn $44.20 more per acre in the 2018/2019 season
Boston, Massachusetts, September 12, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has released 2018 harvest data from over 40,000 acres of wheat grown through Indigo Production™. Wheat grown in contract with Indigo demonstrated median yield gains of 12.7% when compared to neighboring fields. Responding to demands of buyers and consumers for higher quality grain, the company has also shared the protein content of wheat grown through Indigo Production. Protein content averaged 13.8%, which is an increase of 1.1% over county averages.
When evaluating products, growers trust the results they see with their own eyes. The benefit of a different seed variety, irrigation system, fertilizing practice, new product, or method is suspect until the crop looks healthier and yields are higher. Growers remain skeptical until these technologies succeed in the climate and conditions of their region and in their own hands – because the needs of growers in Kansas differ from those in Texas, as the needs of those growers in the Corn Belt differ from those in Western Australia.
- Birtwistle joins Indigo after a career developing successful go-to-market strategies for digital products at high-growth technology companies
- In his new role, Birtwistle is responsible for Indigo’s digital and software products
- Birtwistle’s arrival highlights Indigo’s focus on digital technologies that enable data-driven farming and increased food system transparency
Indigo Announces New Premium Pricing for 2018/2019 Wheat Season with Additional Compensation through On-Farm Storage & Grain Quality
- U.S. wheat growers can receive a price premium of 20 cents per bushel above market price by contracting with Indigo to grow Indigo WheatTMfor the 2018/2019 season
- Price premiums can increase to more than 40 cents per bushel, depending on on-farm storage capacity and grain quality
- Indigo also offers treated seed to non-contracted growers, extending access to its microbial technology
Indigo Wheat™ Demonstrates Continuous Improvement with Significant Yield Gains in Second Commercial Season
- Indigo Wheat™ demonstrated average yield gains of 19% in low yielding conditions and 13% across all conditions
- Improving upon last year’s yield gains of 16% in low yielding conditions and 8% across all conditions, 2018 reflects year-over-year improvement, validating research and development approach
Boston, Massachusetts, July 10, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has released an early view on yield data from its microbial seed treatment for wheat. In its second commercial season, Indigo Wheat™ demonstrated an average yield uplift of 13% in side-by-side trials held on 24 fields, with four popular seed varieties across Texas, Oklahoma, and Kansas showing a win-rate of 62.5%. Under higher-stress, low-yielding conditions, the average yield uplift was 19% with a win-rate of 76%.
By Rachel Raymond, with growers of Indigo Wheat
U.S. winter wheat was hit hard with challenging growing conditions this past season. The USDA expects a nationwide harvest of 1.2 billion bushels, which would be the lowest since 2002. Dry months after planting paired with freezes in April and then extremely hot temperatures during grain fill were a perfect storm for wheat growers. In Texas and Oklahoma, many fields were abandoned for the year, which means it wasn’t worthwhile for the growers to even harvest — Texas saw a 66% abandonment rate and Oklahoma 54%, which are historic highs.
- Via Indigo Research PartnersTM, a network of 50+ of the largest US growers, Indigo has instrumented fields across the US to gather over a trillion data points each day and test hundreds of agricultural technologies over the next two years
- Open platform for agricultural research enables data-based agronomic & financial decision making and accelerates adoption of innovative technologies
Boston, Massachusetts, June 13, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces today the expansion of its innovation platform, Indigo Research PartnersTM. The platform, which was launched in 2017 as Indigo PartnersTM, involves collaborating with 50 leading growers and agronomic experts to evaluate agricultural technologies over 25,000 acres. It has significantly evolved over the past 12 months to provide further support to growers through real-time, farm-specific insights collected from commercial-scale testing. Using over a trillion data points gathered daily from sensors, drones, weather stations, and other technologies, the platform will optimize on-farm decision-making, accelerate the adoption of new technologies, and improve grower profitability.
At Indigo, we believe the best lab for testing innovative agricultural techniques is the farm itself. Through collaborations with farmers around the US, we are building the world’s largest agricultural lab — Indigo Research Partners™ — with the goal of accelerating innovations that increase yields, improve environmental sustainability, and/or reduce risks for farmers.
Indigo supports global expansion with the appointment of Karsten Neuffer as Chief Operating Officer, International
- Experienced agribusiness professional Neuffer will accelerate Indigo’s international expansion, bringing the company’s technology and business model to a wide network of growers
Boston, Massachusetts, June 5, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces today that Karsten Neuffer has joined as Chief Operating Officer, International. Neuffer will lead Indigo’s international business operations, which are currently centered in Argentina, Brazil, and Australia. Indigo is linking growers of all sizes directly with buyers around the world. The company is committed to improving farmer livelihoods and satisfying rising demand for high quality, identity preserved goods. Indigo’s microbial and digital technologies are highly transferrable across geographies, and have demonstrated a positive effect on productivity in areas experiencing environmental stress.
Indigo Announces Partnership with the Better Cotton Initiative, Demonstrating Commitment to High Standards of Sustainability in Fiber Production
- Indigo joins the Better Cotton Initiative as a member and Implementing Partner
- Indigo will work alongside growers to license Indigo CottonTM as Better Cotton, differentiated by production practices that meet industry-leading sustainability standards
Boston, Massachusetts, May 31, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has joined the Better Cotton Initiative (BCI) as a member and Implementing Partner. Through this partnership, U.S. Indigo CottonTM will be produced in accordance with the Better Cotton Standard System (BCSS) Principles and Criteria. The BCSS is a holistic approach to cotton production covering three pillars of sustainability: environmental, social, and economic, with the Principles and Criteria supporting this. They align with Indigo’s goals and include minimizing the impact of harmful crop protection practices, improving water stewardship, enhancing fiber quality, and promoting healthier soil.
Indigo Named #18 On 2018 CNBC Disruptor 50 List, Which Spotlights Companies That Are Changing Their Industries
- Indigo is recognized alongside most ambitious and innovative companies representing breakthrough ideas from all over the world
Boston, Massachusetts, May 22, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has been named to the sixth annual CNBC Disruptor 50 List, a ranked list of the most ambitious and innovative companies representing breakthrough ideas from all over the world. Indigo’s #18 ranking caps a remarkable period of company growth, with the early half of 2018 bringing multiple notable milestones—including continuous improvement in Indigo CottonTM yield gains, the development of an on-farm storage program, organic certification, and expansion across hundreds of thousands of acres of corn, soy, rice and cotton.
Indigo Appoints Frank Crespo as Chief Supply Chain Officer to Drive Innovative Food and Agriculture Supply Network
- Crespo will focus on ensuring the delivery of Indigo coated seeds directly to growers and on the movement of high quality, identity preserved crops from grower to buyer
Boston, Massachusetts, April 10, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces today the appointment of Frank Crespo as its Chief Supply Chain Officer. With decades of experience in procurement and supplier relations, Crespo will lead Indigo’s efforts to transform the agriculture value chain, building capabilities that increase grower profitability while responding to consumer preference.
- Indigo® microbial treatment for corn is now approved for certified organic production
- Indigo responds to consumer demand for production systems that better support consumer and environmental health
Boston, Massachusetts, March 20, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has received organic certification for the company’s microbial seed treatment in corn. This certification was awarded by the Organic Materials Review Institute (OMRI), a non-profit organization that provides an independent review of products intended for use in certified organic production and processing. OMRI’s review confirmed that Indigo’s microbial product is compliant with the standards of the USDA’s National Organic Program.
Consumers are becoming increasingly interested in and aware of how their food and clothing is produced. We see this trend as organic products become more widely available in retail stores, and as large companies make commitments to producing food and fiber in a more sustainable manner. As Indigo’s Head of Crop Product Management, my work is driven by the company’s commitment to support farmers as they produce healthier and more environmentally sustainable food. Delivering products that meet consumer demands is the goal of any product manager — in fact, it’s the reason that the function exists.
- Accomplished leader responsible for driving growth at General Mills, one of the nation’s largest food production companies, joins Indigo’s board
- Simonds’ experience in the consumer goods space will support Indigo’s vision of meeting public demand for a healthy, transparent food supply
Boston, Massachusetts, March 15, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces today the appointment of Ann Simonds, experienced consumer goods professional and former Chief Marketing Officer of General Mills, to its Board of Directors. With her deep expertise in marketing management, customer insight, consumer products, and integrated marketing, Simonds will strengthen the company’s commercial growth and brand recognition. Coupled with her marketing expertise, Simonds has broad operating experience in wheat, cocoa, and sugar from her roles as President of Pillsbury, Betty Crocker, and Immaculate Baking.
Indigo Cotton™ Demonstrates Continuous Improvement with Significant Yield Gains in Second Commercial Season
- Indigo Cotton demonstrates a 14% average yield increase on commercial fields in water-stressed Texas
- Yield gains reflect year-over-year improvement, validating research and development approach
Boston, Massachusetts, March 13, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has released preliminary data from its second commercial season in cotton. Indigo Cotton™ demonstrated an average yield gain of 14% in commercial fields of West Texas. This is an improvement upon the 2016 season, Indigo Cotton’s first commercial launch, in which the average yield gain was 11% in a similar environment.
- On-farm storage program enables identity preservation of grain and improves farm margins
- This U.S. program is a key step in building a marketplace where farmers are directly connected to buyers seeking high quality, identity preserved grain
Boston, Massachusetts, March 1, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has launched an on-farm storage program for U.S. farmers. This program facilitates the identity preservation of grain, which underpins the marketplace that Indigo is building to connect farmers directly with buyers of high quality, identity preserved crops.
By David Perry
The mid-nineteenth century saw a revolution in transportation — and advances in railways and steamships allowed for the movement of massive amounts of grain from rural farms to urban centers. In the 1850s alone, the amount of farmland in the United States grew by one hundred million acres, and over half of these acres were in just seven Midwestern states. Consumers increasingly purchased food grown hundreds or thousands of miles from where they lived. This trend continued into the twentieth century, with truck transport gaining in efficiency. This was hinged on the development of the Interstate Highway System, a public works project authorized by the Federal Aid Highway Act of 1956. Farmers were able to truck their harvests to elevators — storage facilities that would buy their grain.
Massachusetts Governor Charlie Baker Inaugurates Newly Expanded Indigo Agriculture Headquarters in Boston
- Governor Baker’s visit puts a spotlight on Indigo as one of Boston’s fastest growing companies, supporting Boston’s status as an innovation hub
- Indigo’s new expansion to 65,000 square feet includes state-of-the-art research labs and open office space in the Charlestown neighborhood of Boston
Boston, Massachusetts, January 18, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, welcomed Massachusetts Governor Charlie Baker to the company’s headquarters in the Charlestown neighborhood of Boston, Massachusetts, on Wednesday to officiate the opening of their expanded global headquarters. Indigo is a consumer-focused agriculture startup, helping to elevate the city of Boston as an innovation hub on a global stage. As a core part of its growth plan, Indigo continues to expand its Boston-based team and facilities.
David Perry, Indigo president and chief executive officer, discusses the company's agricultural technology with Bloomberg's Emily Chang on "Bloomberg Technology." (Source: Bloomberg)
- Indigo will pay U.S. cotton growers $0.01 to $0.05 per pound above market price
- Growers are guaranteed a minimum premium of $18 or $25 payable per acre to grow Indigo Cotton™
- Indigo Rain-Fed Cotton™ delivers industry-leading yield uplift and environmental benefits
Boston, Massachusetts, January 9, 2018 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces today a new production offer that brings significant price premiums for cotton growers in the U.S. Growers who contract with the company to grow Indigo Cotton™ will receive $0.01 to $0.05 per pound above market price based on a guaranteed minimum premium of $18 or $25 per acre at grower average production histories. The per pound premium, which varies according to region and class, applies to both irrigated cotton and Indigo Rain-Fed Cotton™ (non-irrigated).
Sledge Taylor farms cotton, corn, soybeans, wheat, peanuts, and cattle at Buckeye Farms in Como, MS. Recipient of the 2015 Cotton Grower Achievement Award, Sledge is an active member of the USDA's Agricultural Technical Advisory Committee for Trade and serves on many national farm boards and organizations. Sledge offers his perspective on the Indigo model and what it may mean in terms of sustainability.
Grain Craft & Indigo Announce Consumer-Driven Supply Agreement for One Million Bushels of Identity Preserved Wheat
- Indigo to provide Grain Craft with wheat that is sustainably produced, identity preserved, and meets enhanced milling quality standards
Boston, Massachusetts, December 12, 2017 – Grain Craft, the largest independent flour milling company in the United States, has partnered with Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, in a supply agreement for one million bushels of high quality, sustainably produced, and identity preserved wheat. Indigo has already partnered with hundreds of U.S. farmers to produce Indigo WheatTM at a premium of 43 cents per bushel over the price of commodity wheat. When the crop is harvested in 2018, Indigo will deliver the wheat to Grain Craft, where it will be milled into flour for baking, foodservice, and pizza customers.
By David Perry
In the first half of the twentieth century, we became increasingly concerned about how we could feed a growing population. In the decades after World War II, we answered this question, at least for a time, in a period that is now referred to as The Green Revolution. This period was defined by the adoption and sweeping use of four agricultural technologies — plant breeding, synthetic fertilizers, crop chemicals, and, beginning in the mid-90’s, genetic modification of plants. Alongside these technologies came changes in the supply chain: we began to treat most crops like commodities and, with the expanded use of elevators and railways, we were able to store and transport harvests in bulk.
By Heather Somerville
Indigo Ag Closes $203m Series D with Dubai Sovereign Fund for Microbial Seed Tech, Innovative Business Model
By Louisa Burwood-Taylor
- Indigo raises an additional $47M, bringing Series D total to $203M and total amount raised to over $400M
- New investor, Investment Corporation of Dubai, joins previous investors the Alaska Permanent Fund, Baillie Gifford, Activant Capital, and founder Flagship Pioneering
Boston, Massachusetts, December 6, 2017 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, today announces the closing of its Series D funding round. With an additional $47M raised since the announcement of a $156M closing in late September, the total round has reached $203M. The largest investor in the second close was Investment Corporation of Dubai (ICD), which will hold a Board Observer seat at Indigo.
- Indigo Corn demonstrates a 30+ bushel per acre yield increase on farms under severe water stress
- Indigo announces 47 cent per bushel premium at harvest for growers of Indigo Corn in 2018
Boston, Massachusetts, November 20, 2017 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has released preliminary data from its microbial seed treatment for corn. Indigo CornTM was commercially launched in the spring of 2017. Like Indigo WheatTM and Indigo CottonTM, Indigo Corn was developed from naturally occurring, in-plant microbes to increase the productivity of plants by improving their tolerance to water stress. With expected increases in both the frequency and severity of drought over the coming decades, there is an urgent need for the development of water-efficient methods of food and fiber production.
This past season, we planted Indigo Corn™ in a region of central Kansas where fields only received 50% of their average rainfall. This severe water stress led to yields of only 80 bushels per acre on many farms. With Indigo Corn, yield increases of 32 to 40 bushels an acre were seen, despite the conditions. As our CEO, David Perry, pointed out, this meaningful boost could account for the profitability of a family farm.
Grower David Cleavinger discusses Indigo’s multi-faceted approach to improving the agricultural industry for the next generation
I first learned about Indigo in July 2017, when CEO, David Perry, and Head of Commercial Operations, Barry Knight, paid a visit to the Texas Wheat Office. As Vice President of the National Wheat Foundation, I sat in a meeting where they explained the new model that Indigo is bringing to the agriculture industry.
- Transformative R&D leader with diverse scientific and business background to join Indigo and guide agriculture technology efforts
Boston, Massachusetts, September 28, 2017 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces today the appointment of Dr. Jonathan McIntyre as Indigo’s Head of Research and Development. Dr. McIntyre will lead the company’s efforts to discover, launch, and accelerate the adoption of sustainable technologies in agriculture.
By Lucia Maffei
By Frank Vinluan
By Andy Rosen
By Brian Gormley
- Latest funding round will support Indigo’s continued investment in plant microbiome research, development of software and data tools, and rapid commercial expansion
Boston, Massachusetts, September 26, 2017 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the first closing of $156 million in its Series D financing, doubling the company’s total capital raised to over $300 million. New investors, including Baillie Gifford and Activant Capital, join the company’s founder and first investor, Flagship Pioneering, and existing investor, the Alaska Permanent Fund, in this closing. J.P. Morgan acted as sole placement agent to Indigo on this transaction. This latest round will support Indigo’s commitment to building a new kind of agriculture company — one that is focused on improving farmer profitability, environmental sustainability, and consumer health.
Indigo announces significant yield gains in winter wheat and offers a price premium for US wheat growers to grow Indigo Wheat™
- Indigo Wheat™ demonstrates an average yield improvement of 15.7% in expected conditions and 8.3% across all conditions in the water-stressed target region of Kansas
- Indigo announces the intention to contract with leading farmers to produce 10.5 million bushels of Indigo Wheat™ for a 30 cent per bushel premium
Boston, Massachusetts, August 29, 2017 – Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, released preliminary data from its microbial seed treatment for wheat. Indigo’s second commercial product, Indigo Wheat™ was launched in the fall of 2016 on approximately 20,000 acres across multiple states and was recently harvested. The seed treatment, developed from naturally occurring, in-plant microbes, increases the productivity of wheat plants by improving plant tolerance to water stress.
- Respected finance and business development executive to join Indigo
Boston, Massachusetts, August 21, 2017 - Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces today the appointment of Jeff Poulton as the company’s Chief Financial Officer. Indigo’s newest leader will manage the company’s financial operations and support its growth aspirations, bringing with him extensive experience in finance, investor relations, and strategy.