From Pulse 2.0 · Amit Chowdhry · · 1m 20s
IMIO Raises $12 Million For Soil Tech Expansion
IMIO secures $12m funding to boost soil health tech for U.S. farmers.
In brief
IMIO secures $12m funding to boost soil health tech for U.S. farmers. IMIO raised $12 million to expand agricultural biologicals and soil technology solutions for U.S. farmers. Originally reported by Pulse 2.0.
IMIO Funding Round
IMIO, a Chicago-based agricultural biotechnology company, raised $12 million in funding to expand its biomanufacturing operations and bring biological solutions to more U.S. farmers.
Investors Behind The Round
The funding round was led by Sofinnova Partners with additional participation from Chipotle’s Cultivate Next venture fund, Starshot Capital, Grow Together Salinas, Earth Foundry, and Serra Ventures.
IMIO’s Re-Gen Platform
IMIO’s flagship Re-Gen platform uses fungi, bacteria, and yeast to accelerate crop residue decomposition, improving soil function and reducing fertilizer needs.
Yield and Cost Benefits
Re-Gen technology increased corn yields by 11.9 bushels per acre with potential nutrient credits of up to $120 per acre for row crops.
Farmer Test Results
Kirk Stueve, a farmer in Minnesota and Wisconsin, reported a 30-bushel-per-acre yield increase after using Re-Gen on a 140-acre field.
Farm Financial Pressures
Farm production expenses are expected to rise 4.5% in 2026, including a 28.8% increase in fuel and oil costs, while net farm income declines 2.6% to $158.4 billion.
Chicago Relocation
IMIO recently moved from Vermont to Chicago to access agricultural customers and Illinois’ biotechnology talent.
The bottom line
IMIO raised $12 million to expand agricultural biologicals and soil technology solutions for U.S. farmers.
