Farmers Edge™ and Osmington Inc Form a Partnership in Agriculture

Farmers Edge™, today announced the addition of Osmington Inc., to its team of investors. The backing of Osmington Inc., marks the fourth investment partner to join the Company's roster to support the rapid growth of the Company within the last 12 months

"We immediately connected with the team at Osmington in a shared values system and affection for agriculture, not only in Winnipeg, the home of our headquarters in Canada, but across the Globe," says Founder and CEO, Wade Barnes, Farmers Edge. "We are proud to announce their investment in our business."

The Farmers Edge™ inspiration has been on the fast track since its inception in 2005, winning such awards and recognition as one of the Top 20 Fastest Growing Companies in Canada. Inspired by the possibilities of taking technology to farmers worldwide, the company is the trailblazer of precision agriculture, offering the industry's most complete package, for every agribusiness in every crop and every geography. Its Precision Solutions optimizes crop inputs, resulting in higher yields, better quality and less environmental impact. The company's innovative technology includes variable rate technology, field centric weather monitoring, high-resolution satellite imagery, in-field telematics supported by a passionate real boots on the ground team with agricultural expertise.

"Although our company has invested in Canadian Farmland in Manitoba and Saskatchewan for the last few years, Farmers Edge is the first agricultural company that Osmington has invested in," says Lawrence Zucker, President & CEO, Osmington Inc. "What we really like about Farmers Edge is that they are really good, smart people, who are passionate about what they are doing and are well positioned with their technology to be disruptive and potentially change how modern farming will occur. So that is why we made the investment. We like the values, we like the people and we certainly like what they are doing."

According to Barnes, Osmington will not only add to the diversity of the Company's network and outreach, but will also support its growth into global markets, its aggressive path into big data analytics and its continuance into building a world class data analytics team.

"We believe in the long term viability and investment returns that farming will generate," says Zucker. "With global population growth set to rise to 9 billion people by 2044 from our current population of 7.2 billion there is going to be a greater need to increase yields to feed people and grain farming is where we are going to generate that opportunity."

About Farmers Edge™: Farmers Edge™ is a global leader in precision agriculture and independent data management solutions. Leading the development and application of new technologies on the farm, Farmers Edge™ is defining the future of agriculture through innovation.

About Osmington Inc.:  Formed in 1995, Osmington is a private commercial real estate company, owned and controlled by David Thomson, Chairman of Thomson Reuters. Osmington operates with the highest degree of integrity and has a stellar reputation in the Canadian real estate market. The Company's investment focus has been and continues to be focused on value creation. Signature projects for the Company include the retail redevelopment of Toronto's Union Station and the purchase and relocation of NHL's Atlanta Thrashers to Winnipeg to become the Winnipeg Jets.

Source: PR Newswire

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Taxonomy

• Agriculture Company
• Agricultural Engineering
• Funding Partnerships
• Agriculture & Forestry
• Agriculture Machinery