Agritech connecting grain farmers with ethanol producers and processors scores $7 million in investment

May 10, 2018 |

In North Dakota, Bushel™ announced a $7 million private investment round to accelerate its patent-pending digital platform for the grain industry.

The funding was led by private investors in the agriculture and software industries. The investment will be used to expand Bushel’s reach; accelerate new features, research and development and customer success; and continue evaluating strategic acquisition opportunities.

Nearly a year following its launch in June 2017, Bushel has expanded its footprint from ten pilot locations in North Dakota to more than 400+ elevator and ethanol plant locations throughout the U.S. and Canada. More than 20,000 growers have access to Bushel-powered apps today.

Bushel has been adopted by many of the leading grain elevators, cooperatives and ethanol plants in the U.S. and Canada, including Landus Cooperative, Agtegra and Flint Hills Resources. These companies provide branded versions of Bushel’s mobile platform to growers so they can access real-time information on scale tickets, contract settlements, cash-bids and more. Growers are quickly adopting Bushel because it is a free, convenient and efficient way to do business online with their trusted grain buyers.

Category: Fuels

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