Farmers Business Network® Raises $300M in Series G Financing
Gunderson Dettmer represented client Farmers Business Network®, a global farmer-to-farmer network and agtech platform, in its $300 million Series G financing led by Fidelity Management & Research Company, with participation from LN Mittal Family Office, ADM Ventures Investment Corp., Colle Capital Partners, Walleye Capital, and Tudor Investment Corporation.
In the announcement of the transaction, CEO and Co-Founder of FBN® Amol Deshpande said, “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. 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."
The Gunderson deal team was led by partners Jay Hachigian and Michael Hacker and associates Stephen Wheeler and Graham Rogers.
Farmers Business Network®