November 8, 2018
Inari introduces world’s first Seed Foundry, leaps from Boston to Purdue Research Park with goal to transform agriculture
• The Seed Foundry will fundamentally challenge the seed industry with a shorter, lower-cost and more precise product development cycle complementing Inari’s Cambridge base.
• Strategic expansion to Purdue will further enhance Inari’s product development and innovation through its association with Purdue College of Agriculture.
WEST LAFAYETTE, Ind. – Inari, a Flagship Pioneering company, on Thursday (Nov. 8) introduced the world’s first Seed Foundry as part of the company’s mission to reintroduce genetic diversity, revolutionize the seed industry and create a food system that is environmentally responsible, promotes better health and is more resilient.
Purdue Research Park business complex, in West Lafayette, Indiana, will be the next strategic location for the Cambridge-based Inari to fuel its product development and innovation in order to restore the naturally rich building blocks of agriculture enhanced by its proximity to the seed industry and the Purdue University College of Agriculture.
Inari is disrupting an industry by utilizing the natural genetic diversity in plants, equipping crops to be more resilient to climate change and respectful to the environment — all while significantly lowering product development costs and accelerating the timeline for introduction of new varieties. Inari will accomplish this by using genetic knowledge to make precise changes to genes to deliver desired field performance through customized seeds for microclimates around the world.
“We are looking forward to tapping into the community and research prowess of Purdue. Establishing a base in Indiana will not only allow us to ramp up our product development efforts, but it puts this activity in close proximity to seed companies, which we view as the best partners to reintroduce genetic diversity in agriculture,” said Inari CEO Ponsi Trivisvavet.
Purdue has been on the forefront of agriculture, particularly digital agriculture, bringing together researchers, students, farmers and others to change the agricultural landscape.
Purdue has had three World Food Prize laureates since 2007, its College of Agriculture was rated as the ninth best in the world by Quacquarelli Symonds and its Department of Agricultural and Biological Engineering was ranked as the top program in the country by U.S. News & World Report. The College of Agriculture's International Programs in Agriculture (IPIA) collaborates with educational institutions, agencies and organizations throughout the world.
“We are excited to see a Boston-area startup that undertook a national search to find the best place to break new ground in agribusiness decided being near Purdue was the ideal location. With joint goals to advance agriculture and provide sustainable food products for people around the world, Inari and Purdue are a natural fit,” Purdue University President Mitch Daniels said. “Purdue and Inari can change crop development for the better, making it more diverse and help address the world’s nutrition and health challenges for decades to come.”
Karen Plaut, Purdue’s Glenn W. Sample Dean of Agriculture, said working with Inari will create opportunities for faculty, students and others involved in agriculture.
“Inari is applying unique artificial intelligence and data sciences in its efforts to grow this high-tech agriculture company. These are all areas of excellence here at Purdue, so we welcome their arrival,” Plaut said. “Inari and Purdue share a similar vision that will ultimately lead to more nutritious and productive crops and better profits for farmers in the years to come.”
Johnny Park, CEO of the Wabash Heartland Innovation Network, a consortium of 10 Indiana counties, said Inari’s arrival in the region is exciting because its goals align with WHIN’s mission to build on three Midwestern strengths: digital agriculture, next-generation manufacturing and regional vitality.
“By working collaboratively we can continue to make giant leaps in improving and innovating agriculture and changing the world,” Park said. “We are eager to see Inari contribute to this effort.”
Inari aims to revolutionize plant breeding by merging the latest technologies with leading-edge data analysis tools to bring top-performing plants to market faster with the aim of cutting breeding time by two-thirds and cutting development costs by up to 90 percent. Inari also plans to combine biology, agronomy, data science and software engineering to make innovative breakthroughs by working with seed company partners.
Inari’s total 26,000 square feet at Purdue Research Park will consist of an office space, lab and a 6,000-square-foot greenhouse complex. Growing the Inari team, currently at 65 people, the team based out of Research Park will add another 50 people by 2023 and consist primarily of scientists and product development teams.
Founded by Flagship Pioneering in 2016, Inari is disrupting the seed industry by reintroducing genetic diversity to create a winning food system for all. This mission is powered by Inari’s Seed FoundryTM, the seed product development process through which Inari leverages plants natural diversity to equip them to be more resilient to climate change and respectful to the environment. Inari works directly with seed companies to co-develop high performance seeds and give farmers more innovation and profitability. Inari is based in Cambridge, Massachusetts, with key development sites in West Lafayette, Indiana, and Ghent, Belgium and has a growing team of over 60 employees. To learn more about how Inari, visit Inari.com or follow the company on Twitter @inari_ag.
About Purdue Research Park
The Purdue Research Park is managed by the Purdue Research Foundation and is the largest university-affiliated business incubation complex in the country. The Purdue Research Park manages the Purdue Technology Centers in five sites across the state of Indiana with locations in West Lafayette, Indianapolis, Merrillville and New Albany. The more than 260 companies located in the park network employ about 5,000 people. In 2016, the Association of Public and Land-grant Universities co-named the Purdue Research Park a top recipient for an Innovation and Economic Prosperity Universities Designation for its work in entrepreneurship. For more information about leasing space in the Purdue Research Park, contact 765-588-3470 or click Purdue Research Park.
Writer: Tom Coyne, 765-588-1044, firstname.lastname@example.org
Inari: Julie Borlaug, 214-597-1009, Julie@inari.com
Sources: Mitch Daniels, email@example.com
Karen Plaut, 765-494-8362, firstname.lastname@example.org
Ponsi Trivisvavet, email@example.com