Inari raises $124M, bringing total equity raised to $475M

Inari/SEEDesign soybeans

Inari raised $124 million in a Series E round from CPP Investments, Sage Hill, and returning investors including Flagship Pioneering, with access to up to $60 million in additional debt. Total equity raised reached $475 million as the seed-design company approached 250 staff.

• Series E included new investor CPP Investments and Sage Hill with returning investors Flagship, Hanwha Impact and Banque Pictet.
• Total equity cumulative: $475 million; additional $60 million debt facility access.
• Over 230 employees at announcement in October 2022.