Indigo Ag

Harnessing nature to help farmers sustainably feed the planet OFFICES Headquarters: Charlestown, MA Commercial Team: Memphis, TN EMPLOYEES Jan 2016: 40 employees Oct 2016: 101 employees FUNDING $156 million raised FUN FACT Indigo’s lab contains the largest Conviron grow room in the world

We are not currently increasing agricultural production fast enough to meet rising demand in a sustainable manner A. Water – 40% gap between demand and easily accessible water by 2030, straining grower resources B. Land – over 20% arable land already degraded CAGR 6,900 2% 900 2,800 -40% 4,500 Municipal & Domestic Industry 600 1,500 100 4,200 800 4,500 700 Relevant supply quantity is much lower that the absolute renewable water availability in nature Ground water 3,100 3,500 Agriculture Surface water Existing with-drawals2 Existing with-drawals3 Basins with deficits Basins with surplus Existing, accessible, reliable, sustainable supply C. Climate change – 3-16% lower productivity by 2080 D. Productivity gain – steadily declining gains Annual yield increase of major crops(1) Decade average, percent % yield gain/ year Source: McKinsey Water Initiative; SAGE 2009; CGD – Global Warming and Agriculture: New Country Estimates Show Developing Countries Face Declines in agriculture productivity; Phillips McDougall; FAO; ASTI; team analysis (1) Includes cereals, oilseeds, sugar crops, pulses, roots, and tubers

The Plant Microbiome Like humans, plants have microbiomes: including microbes inside of their tissues At Indigo, we started to see that swapping plant microbiomes could dramatically alter plant stress tolerance…

Indigo adds back beneficial microbes that have been removed through modern agricultural practices Untreated SOY WHEAT CORN COTTON Wild crop strains possess a microbiome that is more numerous and diverse than modern cultivars Indigo collects plant samples from around the world and employs powerful bioinformatics tools to identify beneficial microbes that have been depleted Indigo adds back beneficial microbes in the form of a seed coating which improve plant performance

The Indigo Effect 2016 First commercial products: cotton Indigo’s advances in cotton optimization consistently show average yield improvement of 10%+ in water stress conditions Untreated Untreated 2016 Launch of the first commercial product, Indigo Cotton, which has been planted on more than 50,000 acres in five states

Indigo’s Opportunity Cube Indigo’s discovery is built to make the whole cube of agriculture opportunities possible Dramatic improvements in crop yield and stress tolerance Reduced pesticides on hundreds of millions of acres Less water, fertilizer use; use of marginal lands Healthier plants, better foods, greater diversity Product opportunities to provide >$100bn in annual value creation N. America GEOGRAPHY S. America Australia Europe Africa Asia Corn Cotton Soy CROPS Wheat Rice Cassava Insect Fungal Salt Nitrogen Water Heat STRESS