Farmer’s Business Network Brings In $110 Million

Agriculture technology company Farmer’s Business Network (FBN) completed $110 million in Series D financing, led by T. Rowe Price and Temasek Holdings. Acre Venture Partners, Kleiner Perkins Caufield & Byers, GV, and DBL Investors also participated.

FBN is a farmer-to-farmer agronomic information network that uses data science and machine learning to provide farmers with such field insights as product performance, benchmarking, and predictive analytics based on real-world performance data.

This latest investment will be used to expand FBN’s digital crop marketing, FBN Direct, and farm analytics services, as well as international expansion to Canada.