# Lilac Agriculture

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lilac-agriculture

- Industry: Chemicals
- Headquarters: Fargo, US
- Website: www.lilac.ag
- Total disclosed funding: $1.7M
- Latest round: Seed (Mar 26, 2026)
- Investors on record: 1

## About

Lilac Agriculture is a US-based company specializing in advanced agricultural solutions, focused on enhancing nitrogen fixation in leguminous crops. Their innovative products aim to improve crop yields for farmers across North America. Founded in 2025 by Barney Geddes and Wyatt Warkenthein, Lilac Agriculture operates from Fargo, US, and develops products to enhance nitrogen fixation in legumes. The company successfully secured USD 1.7 mn in Seed funding in May 2026 from North Dakota Development Fund and others, marking its first deal. The firm was founded with a focus on innovative agricultural solutions, and while specific founder details are not available, their dedication to improving microbial performance in agriculture remains a core aspect of their mission. Lilac Agriculture develops innovative inoculants designed to enhance nitrogen fixation efficiency and competition for root nodules in leguminous crops, specifically targeting yellow peas and lentils. Their flagship product, the PL11 inoculant, is set for release in Spring 2026 and has been meticulously developed through extensive selection processes in the Northern Plains soils. This product aims to address the limitations of traditional rhizobium strains, which have remained largely unchanged for decades, by applying advanced breeding techniques to improve microbial performance. The company's focus on enhancing the competitiveness of their strains ensures that farmers can achieve optimal nitrogen fixation, further supporting plant health and productivity. Lilac's products cater to agricultural professionals, including farmers and plant breeders, within global markets, particularly those cultivating legumes in North America.Lilac Agriculture generates revenue through the direct sale of its inoculant products, primarily targeting the agricultural sector. The company engages in B2B transactions with farmers and agricultural distributors, facilitating the distribution of their PL11 inoculant and potentially other future products. Revenue is derived from one-time purchases or bulk orders, allowing clients to enhance their crop yields effectively. Pricing structures are tailored to various customer segments, ensuring accessibility to both smaller-scale farmers and larger agricultural operations. As the company continues to innovate and expand its product line, it is positioned to solidify its presence in the agricultural market, thereby enhancing its revenue potential. In March 2026, Lilac Agriculture raised USD 1.68 million in seed funding the investment enables Lilac Agriculture to expand its development and commercialization of sustainable farming solutions, likely focused on improving crop yields, soil health, or input efficiency in niche agricultural segments. With backing from a state-linked investor like the North Dakota Development Fund, the company is positioned to scale regionally, validate its technology in real-world farming conditions, and build partnerships with local producers. The capital also supports early-stage product refinement, market entry efforts, and operational build-out to establish a defensible presence in agri-innovation.

## Funding rounds

- Seed, Mar 26, 2026, $1.7M — North Dakota Development Fund

## Investors

- North Dakota Development Fund (https://capitalatlas.ai/funds/north-dakota-development-fund) — Seed