FedEx has contributed to a $175m convertible equity round for agricultural technology and services provider Indigo secured alongside $25m in debt financing.

US-based crop enhancement technology developer Indigo Agriculture received $175m of convertible equity financing from investors that included courier services provider FedEx yesterday. The round was also backed by unnamed existing shareholders and was raised alongside $25m in debt financing from financial services firms including Pacific Western Bank. Indigo markets a range of products to help…

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