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IMIO Raises $12M to Scale Reliable Biologicals and Improve Soil Performance with Investors Sofinnova Partners and Chipotle’s Cultivate Next.
Amount Raised
$12 Million
Round Type
Venture
Investors
Description
IMIO, known for its innovative agricultural biologicals, has secured $12 million in funding. The investment, led by Sofinnova Partners and supported by others including Chipotle’s Cultivate Next, will enhance IMIO's capabilities. The funds will be allocated towards developing a new lab and biomanufacturing operation. This expansion aims to transform soil performance and boost profitability for farmers.
Fundz sees it the moment IMIO raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
IMIO raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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