Farmers Edge raises $18.3 mln from SDTC, other investors
Farmers Edge Inc, which secured $58 million in follow-on financing in January, announced an $18.3 million investment. Sustainable Development Technology Canada (SDTC) provided $6.1 million, with $12.2 million coming from unidentified internal sources and consortium partners. Winnipeg-based Farmers Edge is a provider of precision agriculture and independent data management solutions. It said the funds raised will be used to develop a next generation of environmentally sustainable agronomic decision support systems. The company's investors include Avrio Capital and Kleiner Perkins Caufield & Byers.
20 September 2016•3 mins read
