FBN Lands $20 Million Investment, Expands Procurement Services

August 9, 2016 12:43 PM

Farmers Business Network is continuing to grow its reach. The California-based farm data and agronomy company announced on Tuesday that it had raised an additional $20 million in funding from Acre Venture Partners, a food-focused venture capital fund started by Campbell Soup.

Farmers Business Network provides data on input prices, seed performance, yield benchmarks and more to its farmer members for an annual fee. The $20 million Acre investment will allow FBN to expand its Procurement Services product, which allows farmers to save money by buying inputs directly. 

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