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Announced

Completed

Fidelity Management & Research led a $300m in Series G round in Farmers Business Network.

Synopsis

Fidelity Management & Research, an investment manager, led a $300m in Series G round in Farmers Business Network, a farmer-to-farmer network tech company. Additional investors included LN Mittal Family Office, ADM Ventures Investment, Colle Capital Partners, Walleye Capital, Tudor Investment, BlackRock, Fidelity Investments Canada, Temasek, T. Rowe Price Associates, GV, Baron Capital Group, DBL Partners, and BAM Elevate. "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 33k 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," Amol Deshpande, FBN CEO and Co-Founder.

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