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Synopsis
Unic-Tech, a venture capital firm, led a funding round in Indigo, an agricultural technology company. Financial terms were not disclosed. "The partnership holds leading private companies globally. Amidst the decline in some companies' value, others have seen an increase in their worth. Currently, the partnership is traded at 25% of its asset value. Investment evaluations must be conducted over time. Indigo had been prepared for an IPO and had recently raised $160m at a significantly higher value than the partnership's initial share purchase. With an IPO off the table, the company underwent a reorganization. The partnership acted conservatively and adjusted the valuation," Unic-Tech.
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