Agtech Funding Sheet: FarmShots Raises Seed Round – exclusive

FarmShots Raises Seed Round

After just completing the Y Combinator accelerator program, North Carolina-based satellite imagery startup FarmShots has closed a seed round after attracting local angel investors. Founder Josh Miller said that keeping the investor base local avoided any potential investor demands to move the company to the expensive West Coast.

Agriculture Technology Trends: Agtech Captures More Attention but Investment Falls in H1

Investment into agriculture technology startups fell 20% year-over-year in the first half of 2016, as 307 funding deals collected $1.75 billion. At the same time, deal activity increased 7% and the number of unique investors increased 52% year-over-year.

At the intersection of agriculture, technology and investment