Farmers Business Network raises $250 million in Series F Funding to boost Direct-to-Farm Services and accelerate innovation
Farmer’s Business Network Inc, a leading direct-to-farm ag tech platform, announced the closing of $250 million in Series F funding round led by by BlackRock Inc.
The round witnessed participation from new investors, including Baron Capital Group, Balyasny Asset Management LP, Mandi Ventures, Lupa Systems and Ron Shaich.
“Our mission as a company is to improve the profitability of farming families around the world for generations to come. Many farmers and ranchers were already struggling before the disruption and financial challenges brought on by the pandemic,” said Amol Deshpande, FBN Co-Founder and CEO.