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Raised $105M oversubscribed Series C (Mar 2026) co-led by Forbion and Corteva. First new banana varieties in 75 years. TIME Best Invention 2025.
Tropic is a crop biotechnology company that launched the first new banana varieties in over 75 years in 2025, including a non-browning banana named a TIME Best Invention of 2025. The company raised $105 million in oversubscribed Series C financing in March 2026, co-led by Forbion and Corteva — one of the largest crop biotech raises of the year. Demand for Tropic's non-browning banana already exceeds supply ahead of broader commercial deployment in 2027.
Raised $115M (Feb 2026) led by General Atlantic. Post-merger with Soli Organic creates largest indoor farm in North America. ~$200M combined first-year revenues.
80 Acres Farms is a commercial-scale indoor vertical farming company that, following its merger with Soli Organic, operates the largest indoor farming network in North America. The company raised $115 million in February 2026 led by General Atlantic, with projected first-year combined revenues approaching $200 million — making it one of the few vertical farming companies to achieve genuine commercial scale after years of industry attrition that eliminated several high-profile competitors.
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