How This Modern Agriculture Technology Company Is Changing Farming
January 4, 2019
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as posted by the channelIndigo's CEO David Perry on how the company is changing the way plants are being farmed and consumed, and his key to success.
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Indigo, named to the 2018 CNBC Disruptor 50 list, is working to improve the environmental sustainability of farming, while also improving the nutrition value of food and the profitability of farmers, by using naturally occurring microbes in place of chemical fertilizer.
“Modern agriculture’s really built on technologies that were created decades ago: synthetic fertilizer, synthetic chemicals, GMOs and plant breeding. We’re taking an entirely new approach,” Perry told “Mad Money” host Jim Cramer in May.
“I think this is an opportunity to see a revolution in agriculture using naturally discovered microbes to improve yields of plants and also to protect them against pests and insects so we can reduce the amount of fertilizer used and the amount of agricultural chemicals used,” Perry said.
Indigo declines to share revenue figures but has raised $650 million in venture capital, and since 2015, when Perry started (a year after the company was founded), the business has grown from 14 people to just shy of 700.
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