Agriculture made waves this week as Indigo Ag ranked first among 50 companies on CNBC’s disruptors list. The company was founded in 2014 in Boston, has raised $650 million and is valued at $3.5 billion, according to PitchBook.
Indigo Ag creates seed treatments to assist with plant health by using the plant’s microbiology. As of now, the seed treatments are used in corn, wheat, soybeans, rice and cotton. In addition, the company recently launched Indigo Marketplace to connect growers with buyers electronically. Indigo Ag has 650 employees and seven global locations.
CNBC’s seventh Disruptor 50 list includes private companies from a variety of fields including biotech, machine learning, retail and agriculture. According to CNBC, 36 of the 50 disrupters have already reached or passed the billion-dollar mark. Together, the 50 companies have raised more than $46 billion in venture capital and have a valuation of more than $266 billion.
Here’s a glimpse at CNBC’s top 50, see the full list here:
- Indigo Ag
- Didi Chuxing
- The We Company
- Rent the Runway