Canadian Investor Exercises $3.2 Million Option With Farmers Edge

Farmers Edge, a global leader in precision agriculture and independent data management solutions, has announced that Osmington, Inc., a Toronto-based commercial real estate firm and one of the leading investors in Farmers Edge has exercised a $3.2 million investment option in the growing multinational. The option comes on the heels of a $58 million raise in January 2016 joined by Osmington and led by additional existing Farmers Edge investors Mitsui & Co., Ltd. and Kleiner Perkins Caufield & Byers’ Green Growth Fund. The $3.2 million option will support the growth of Farmers Edge into global markets and fuel its aggressive push into building a world-class data analytics team.

Osmington has traditionally focused on real estate investment, and Farmers Edge represents the company’s only technology investment to date. Osmington began investing in farmland four years ago as a non-correlated asset class and looked to Farmers Edge in 2015 as a technology investment that provided farmers with a simple solution to manage expenses and improve yields with field-centric data. The growth of big data for precision ag analytics has since emerged as an increasingly important value-add investment component with applications across broader market verticals.

“Farmers Edge is our first investment in a technology company and it’s a result of their great team matched with a proven, easy to use technology that will have a disruptive impact on the agricultural industry. Farmers Edge helps farmers increase their ROI by allowing them to make informed decisions using the Farmers Edge technology platform,” said Lawrence Zucker, President and CEO of Osmington. “As our interest in farming grows, it’s clear that access to field-centric data will ultimately add value to the entire agricultural industry, including seed companies, fertilizer companies, and even commodity traders who want to know what is happening in the fields before others.”

Easily integrated with growers’ existing equipment and programs, the Farmers Edge Precision Solutions package provides a comprehensive turnkey system that includes: Variable Rate Technology, soil sampling and analysis, field-centric weather, in-field telematics and data transfer, high-resolution satellite imagery, field-centric data analytics, access to FarmCommand – an integrated farm management platform – and a network of highly experienced, trusted advisors.

“Farmers continue to seek better tools to enable increased yields and profitability while achieving sustainable growing practices for a range of crops in diverse geographic regions around the world,” said Wade Barnes, President and CEO of Farmers Edge. “Osmington’s increased commitment to Farmers Edge will enable further development of easy-to-use technologies that leverage new levels of data for advanced precision agronomy.”


Leave a Reply

Business Management Stories
Business ManagementBeing a Great Team Player in the Precision Agriculture Game
March 15, 2018
Only great team players who are great teammates, have the potential to get championship results. Each player on the team Read More
Business ManagementOpinion: Closing the Gap Between the Precision Ag Industry and New Graduates
March 1, 2018
As my time as an undergrad comes to a close, I look at the precision ag industry and I see Read More
Business ManagementIndigo Launches On-Farm Storage to Facilitate a Direct Farmer-to-Buyer Grain Marketplace
March 1, 2018
Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, has launched an on-farm Read More
AmericasNFMS 2018: Precision Farming, Ag Tech Developments from Louisville
February 21, 2018
Last week’s annual National Farm Machinery Show (NFMS) in Louisville, KY, was this author’s first experience attending the mid-winter Midwest Read More
Trending Articles
Business ManagementBeing a Great Team Player in the Precision Agriculture Game
March 15, 2018
Only great team players who are great teammates, have the potential to get championship results. Each player on the team Read More
Dr Brian Arnall Oklahoma State Paul Schrimpf
Excellence AwardsOpen For Nominations: PrecisionAg Awards Of Excellence Honor Outstanding Achievement in Ag Technology
March 7, 2018
Nominate an outstanding individual for one of four PrecisionAg Awards of Excellence. Recipients will be honored at a special ceremony during the 2018 InfoAg Conference in July. Read More
AmericasCrop Scouting in Brazil Improves Through Intelligent Pest Monitoring Systems
February 28, 2018
About nine years ago, shortly after finishing my graduation, my first job was as a monitor of pests and disease Read More
Events12 Groundbreaking AgTech Startups Selected to Pitch at AgLaunch Startup Station
February 22, 2018
AgLaunch is bringing its Startup Station pitch event back to the Mid-South Farm and Gin Show for a second time Read More
Industry NewsNFMS 2018: Case IH Talks Autonomous Agriculture, Announces Pilot Program
February 20, 2018
Since the reveal of the autonomous concept vehicle, Case IH has been evolving the technology and further defining automation and Read More
AsiaCloud-based Irrigation Could Double India’s Crop Yield and Halve Water Use
February 12, 2018
A cloud-based, micro-irrigation system tested on a farm in India has cut water use by up to 80%  and doubled Read More
Latest News
Corn Field
Industry NewsIndustrial IoT Company Intros Remote Asset Monitoring S…
March 16, 2018
FreeWave Technologies today announced the general availability of the WAVECONTACT WC30i-AXIS Wireless Angle Sensor. This sensor measures thief hatch states Read More
Decision Support SoftwareOpinion: The Missing Link in Precision Agriculture
March 15, 2018
The agtech boom over the last two years is indeed astonishing. Farmers are becoming more open to new, emerging technologies Read More
Sensors/IoTEstimating Field Weather and Soil Conditions
March 15, 2018
There is a favorite expression of mine that I love to apply to meteorology: “Measure with a micrometer, mark it Read More
Filling The Planter from Cab
Service ProvidersPrecision Agriculture: What is it?
March 15, 2018
If we look at the title of the article, all of you will come to an answer. These answers will Read More
Business ManagementBeing a Great Team Player in the Precision Agriculture …
March 15, 2018
Only great team players who are great teammates, have the potential to get championship results. Each player on the team Read More
AmericasJanzen: What You Need to Know About Congress’ Agr…
March 15, 2018
Via Janzen Ag Law Blog: Senators Amy Klobuchar and John Thune have introduced Senate Bill 2487, the “Agricultural Data Act Read More
Farmer tractor tablet
Data ManagementAg’s Digital Revolution: What’s Holding Us Back?
March 15, 2018
Data is undeniably a valuable asset. Yet, in the ag ecosystem, who’s seeing the value from it? A recent article Read More
PrecisionAg InstitutePrecisionAg Institute Whitepaper Library
March 14, 2018
Welcome to the PrecisionAg Institute Whitepaper library! Here you will find free whitepapers and case studies from the PrecisionAg Institute Partners Read More
Africa/Middle EastAgTech Startup Wefarm Secures New Financing Round
March 14, 2018
Wefarm, the world’s largest farmer-to-farmer digital network, has secured $5 million in additional seed funding, led by Silicon-Valley based True Read More
Spensa platform
Industry NewsAg Tech News: DTN Acquires Spensa to Boost Predictive M…
March 14, 2018
DTN announced today that it has signed a definitive agreement to acquire Spensa Technologies, according to a press release on Read More
Industry NewsAg Tech News: BioLumic Garners $5 Million in Series A
March 14, 2018
BioLumic, creators of the first ultraviolet (UV) crop yield enhancement system, today announced the close of $5 million in Series A financing. Read More
UAV drone
DronesFlorida Specialty Crops: Realizing the Benefits of Prec…
March 13, 2018
Dr. Yiannis Ampatzidis recently joined the faculty at UF/IFAS Southwest Florida Research and Education Center (SWFREC) in Immokalee, writes Frank Read More
Data ManagementAgReliant Genetics, The Climate Corp. Collaborate on Da…
March 13, 2018
AgReliant Genetics, the third largest seed company in North America, and The Climate Corp., a subsidiary of Monsanto Co., have Read More
Sensors/IoT6 IoT Trends to Watch in 2018
March 9, 2018
With increased value provided by edge computing to security improvements with Blockchain integration, IoT platforms across the board are just Read More
EuropeJohn Deere to Acquire Carbon Fiber Boom Manufacturer in…
March 9, 2018
Agriculture is a tough business to be in, even with a booming economy the ag world is still taking its Read More
Data ManagementOpinion: Ag Data Sells, But Who’s Buying?
March 9, 2018
Indulge me and let’s beat a dead horse together. We all know that data is a huge deal these days. Read More
Industry NewsAutonomous Solutions Announces Autonomous Vehicle Pilot…
March 7, 2018
Autonomous Solutions, Inc. (ASI) technology will be used in two pilot programs with large scale commercial growers in California. A Read More
Precision IrrigationLindsay Event Puts Focus on Precision Irrigation and Sm…
March 7, 2018
Lindsay Corp., a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today hosted Water Matters 3.6.18 Read More