Winnipeg-based precision agriculture pioneer, Farmers Edge, closes $58M investment led by Mitsui and Kleiner Perkins

Winnipeg-based Farmers Edge, a global leader in precision agriculture and independent data management solutions, has announced that it has secured a $58 million CAD investment led by existing investors, Mitsui & Co., Ltd., Kleiner Perkins Caufield & Byers' Green Growth Fund, and Osmington Inc. The announcement comes after the company has seen a significant growth period, opening its first U.S. headquarters in Minnesota and also entering into three of the world's most prominent, emerging breadbaskets. "Over the past decade, we've become the largest independent agricultural network in the world," said Wade Barne , President and CEO. "As we move into this next high growth period, we will continue to expand into lucrative markets like the U.S., as well as Russia, Australia, and Brazil, where our field-centric approach to predictive modeling is generating high yields even in data-sparse regions."

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