Farmers Edge announced that it has received a CAD 58 million raise led by existing investors, Mitsui & Co. Ltd., Kleiner Perkins Caufield & Byers'Green Growth Fund and Osmington Inc. The investment will go towards the expansion of the data science team, new product development and global growth into South America, Australia and Eastern Europe. Kenji Otake, General Manager, First Business Dept., IT Platform Div.

of Mitsui & Co. Ltd. will join the Farmers Edge Board of Directors.