Diligence memo · auto-generated · as of July 2, 2026
M.N. Technology LLC
M.N. Technology LLC looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
M.N. Technology LLC operates in Agriculture, based in GRAND RAPIDS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
M.N. Technology LLC has raised $31M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $18M on 2024-04-18.
Most recent recorded round closed around 2025-02-07.
Valuation (modeled)modeled
Provath models M.N. Technology LLC at approximately $58M (range $30M–$92M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.95× the median modeled value of Series B Agriculture companies in 2025–2027 (9 peers) — value vs value, same stage and era. Within the normal band (95% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 17 mo ago; this sector typically re-raises about every 11 months.
Slightly overdue versus sector cadence.
The last round was 1.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 91% of Agriculture peers (1056 compared).
Modeled value ranks above 84% of those peers.
Closest niche peers: California Reserve Flower, LLC, Select Milk Producers, Inc., Local Bounti Corporation/DE, VM Agritech Inc., Ascribe Bioscience Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.