AGCO Corp (AGCO) Joins Innova to Support Modernized Farming
AGCOAGCO (AGCO) zacks.com·2024-05-24 01:10

AGCO Corp. (AGCO) announced that it invested in the Innova Ag Innovation Fund VI of venture capital firm, Innova Memphis. This move is consistent with AGCO's strategy to support the next generation of farming with modern technologies that offer a more automated, digitized, and sustainable future for agriculture. The transaction marks the first fund investment executed by AGCO Ventures, AGCO's recently launched corporate venture capital initiative. The Innova team strongly supports early-stage entrepreneurs ...