Imio Raises $12M Led by Sofinnova Partners

Imio, a provider of agricultural biologicals based in Chicago, has secured $12M in a funding round led by Sofinnova Partners.

Chipotle's Cultivate Next also participated in this round. The funds raised will be used to support the company's continued development and expansion in the agricultural sector.

Imio specializes in creating biological products designed to enhance crop performance, boost nutrient efficiency, and improve soil function, catering to the needs of farmers and agricultural enterprises.

With a focus on sustainable agriculture, Imio addresses critical challenges in farming by providing solutions that optimize both soil health and crop yields, reflecting a commitment to environmentally friendly practices.

Charles Smith serves as the CEO, guiding the company's vision and strategies in the competitive agricultural landscape.

Founded with the aim of transforming agricultural practices, the company is dedicated to fostering efficiency and productivity in farming operations.

Company	Imio
Amount	$12M
Lead Investor	Sofinnova Partners
Investors	Chipotle's Cultivate Next
Founders	Charles Smith
Sectors	Agriculture