In a gradually maturing industry, companies need to focus on the primary scope of their business if they want to be successful. For indoor farmers, this may mean a choice between selling technology and selling produce.
Our evergrowing global subscriber base of agrifood tech entrepreneurs, venture capital investors, agrifood corporates, governments, and enthusiasts means that we have an incredible amount of expertise in our 45,000-strong network.
Twenty Seventeen has been quite the year for the agrifood technology startup scene, with some of the largest-ever funding announcements on record. And we've been pretty busy at AgFunderNews too, nearly doubling our member and subscriber base to 55,000 and posting over 450 original articles.
J.D. Vance, author of "Hillbilly Elegy" and former Peter Thiel employee, will lead the $150 million Rise of the Rest fund aimed at startups in cities outside California, Massachusetts, and New York, plus more in our weekly brief.
It was an exciting year in farm technology, to say the least, with several exits and record deals set and then overtaken by even larger deals just weeks or months later. Check out the standout deals of 2017.
In today's episode, we speak to Matt Barnard, CEO of indoor vertical farming company Plenty about his record-breaking $200 funding round and his plans for growing a global farming business with highly localized customers.
Algae in various forms can be integrated into a wide array of foods and beverages, ranging from veggie shakes and smoothies to meal replacements and the growth potential is limited only by the capacity to establish a robust, ever-expanding supply chain.