# Saluna

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/saluna

- Industry: Agribusiness
- Headquarters: Saint Louis, US
- Website: www.saluna.ag
- Total disclosed funding: $2M
- Latest round: Series A (May 27, 2026)
- Investors on record: 1

## About

Founded in 2023 in Missouri, US, Saluna, Inc. specializes in industrial hemp seeds that serve as a competitive alternative to conventional row crops such as corn and soybeans. In May 2026, Saluna, Inc. raised USD 2 million in series A funding led by Expedition Ag Partners. As of July 2026, Matt Plummer is the CEO of the company.

Saluna specializes in the development and distribution of high-quality industrial hemp seeds engineered to serve as a competitive alternative to conventional row crops, primarily corn and soybeans. The company focuses on delivering seeds with a THC content below 0.3%, making them suitable for oil and feed markets while addressing the growing demand for sustainable agricultural practices. Saluna's products are designed to enhance farmers' return on investment (ROI) for oilseed crops, improve nutritional profiles for end users, and promote better soil health. The company targets agricultural entrepreneurs in the Midwestern and Southern regions of the United States, promoting diversification in crop options and the adoption of modern technologies for enhanced productivity. Saluna's commitment to innovation is underpinned by a team of experienced agricultural researchers and entrepreneurs dedicated to providing reliable solutions for modern farming.

Saluna generates revenue through direct sales of its industrial hemp seeds to farmers and agricultural entrepreneurs, focusing on B2B transactions. The company's pricing structure is designed to accommodate various scales of farming operations, promoting accessibility to its high-quality seeds without providing specific pricing details. Transactions are structured around partnerships with growers, enabling them to integrate Saluna's products into their existing crop rotations with minimal equipment modifications. The firm emphasizes collaboration with its clientele, reinforcing relationships built on trust and transparency, which are essential for fostering long-term partnerships. As Saluna aims to revolutionize the agricultural landscape, its revenue model reflects a commitment to providing innovative and economically viable solutions for crop diversification in the U.S. market.

## Funding rounds

- Series A, May 27, 2026, $2M — Expedition Ag Partners

## Investors

- Expedition Ag Partners (https://capitalatlas.ai/funds/expedition-ag-partners) — Series A