IMIO raises $12M led by Sofinnova, with Chipotle's Cultivate Next, to build Chicago biomanufacturing site
Tech Funding News· Sofia Chesnokova·· 6 hours agoTop DealsAI Score58
IMIO raises $12M led by Sofinnova, with Chipotle's Cultivate Next, to build Chicago biomanufacturing site
IMIO raises $12M from Sofinnova and Chipotle’s Cultivate Next to make biologicals reliable for farmers
AI Overview
IMIO raised $12 million in a round led by Sofinnova Partners.
Why it matters
The round shows where non-AI biotech money is still going, and the 11.9 bushels per acre figure gives a concrete benchmark for judging the yield claim.