In January, Inari authorized a Series F flat round, which we covered here. Now, the company has announced a $103 million raise, bumping its valuation to $1.7B.
“These investments represent further external validation of Inari’s innovative technology and confidence in our creation of significant economic and environmental value by delivering our breakthrough, nature-positive products to seed customers,” said Inari CEO Ponsi Trivisvavet in a press release.
This investment brings Inari’s total amount raised to $571.55 million. Investors included Hanwha Impact, Canada Pension Plan Investment Board, Rivas Capital, NGS Super, State of Michigan Retirement System, Flagship Pioneering, and RCM Private Markets.