Kansas City-based ag tech company FarmLink is poised for aggressive growth with its latest funding boost of $24.6 million and has just named the members of its first advisory board.
FarmLink, whose platform offers productivity solutions and analytical data to farmers, will use the funding for “general purposes,” according to a Form D filed with the U.S. Securities and Exchange Commission.
CEO Ron LeMay declined to name specific investors, but said new and previous investors contributed to the funding.
On the heels of the announcement, FarmLink has also named its first advisory board. The board includes several industry experts, and will focus on the adoption of new technology to improve farm operations, according to a release.
The advisory board members are:
- Julie Borlaug, associate director for external relations at the Norman E. Borlaug Institute for International Agriculture, Texas A&M University
- Howard W. Buffett, lecturer at Columbia University, co-author of best-selling book “40 Chances: Finding Hope in a Hungry World,” and former director of agriculture development for the U.S. Department of Defense and White House policy advisor
- Rikin Gandhi, founder and CEO of Digital Green
- Dan Glickman, vice president of The Aspen Institute and former U.S. Secretary of Agriculture
Read more: Kansas City Business Journal