Innova leads Lilac Agriculture’s oversubscribed USD 2.3 million Series Seed round

• Lilac Agriculture closed an oversubscribed USD 2.3 million Series Seed round led by Innova Memphis Inc, above a USD 1.5 million target.
• Company develops improved rhizobial strains for pulse crops, aiming to boost nitrogen fixation and nodule competitiveness in farm soils.
• Proceeds fund expanded field trials and R&D, scale rollout of lead inoculant product PL11, and support preparation for the Canadian market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innova Memphis Inc published the original content used to generate this news brief on September 22, 2026, and is solely responsible for the information contained therein.