New Investment Round Moves Bushel to a ‘Tipping Point’

By CropLife

Today, software manufacturer Bushel announced the closing of its $47 million Series C investment, its largest round of funding to date, reports CropLife. The funding, led by investment firm Lewis & Clark AgriFood in St. Louis, and global holding company Continental Grain Co., sets the company up to propel into a higher echelon of participation in the grain origination process. It was also announced that Consolidated Grain and Barge Co. is expected to close their investment in the round in the coming weeks.

Bushel also counts Cargill, Scoular, and Germin8 Ventures among its investors, providing a rich base of partners and collaborators upon which to move forward.

The infusion of growth capital and continued partnership of the syndicate will introduce payments, credit, trading offerings and increased data services, including capabilities to help consumer brands sustainably source commodities in the global grain supply chain. The funding will also accelerate Bushel’s current product offerings that currently deliver value to growers, commodity buyers, ag retailers and consumer packaged goods (CPGs).

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