Farmers Business Network (FBN) Announces $300M in Series G Funding Round
Summary
FBN intends to hire over 350 new team members in the next year and make significant investments in technology and data science. IP investment in FBN Direct will focus on crop protection, seed breeding and biologicals, and robotics with on-farm research and development. “Our mission is always to increase the profit potential of family farms and this investment will enable us to continue to innovate for our network of more than 33,000 farmers whose operations span North America and Australia,” said Amol Deshpande, CEO and Co-Founder, FBN. “We continue to invest in IP and technology that deliver industry-leading efficiency, choice and price transparency for purchasing ag inputs while we scale our fintech and sustainability platforms to provide farmers the information and data they need to make the best choices for their own bottom lines.” FBN will expand its FBN Direct® best value, direct-to-farm inputs platform that includes seed, crop protection, biologicals, and its R&D Network. By providing timely and transparent pricing on crop protection products, biologicals, seeds, technology, and services, as well as ecommerce purchasing and financing options, FBN arms farmers with the tools they need to make the best decisions for their business, their families and the planet.
Funding
Classifications
AskAI Classifications
LabelsLinked Companies
