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Completed

Canada Pension Plan Investment Board and Flagship Pioneering led a $124m Series E round in Inari.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Single Bidder

Completed

Domestic

Venture Capital

plant breeding

Food Products

food solutions

United States

Private

Acquisition

Minority

Friendly

Synopsis

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Canada Pension Plan Investment Board, a private equity firm, and Flagship Pioneering, a venture capital firm, led a $124m Series E round in Inari, a seed maker company, with participation from Hanwha Impact Partners, NGS Super, Banque Pictet, and Sage Hill Investors. The company intends to use the funds to further advance its position in multiplex gene-edited seed technology, support expansion of product development and deliver new value in the commercial seed market.

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