AAII participants said collaboration can positively impact everything from policy to infrastructure gaps to supply chain issues.
Verqor will become a direct financial lender to farmers and approve loan applications in “48 hours or less.”
Many farmers are open to agtech innovation, but current financing structures hold them back from adoption.
New funds will support the growth and expansion of Bushel’s ag software tools for grain traders, farmers and other agrifood business.
Climate finance for agrifood systems must increase seven-fold to transition industries into taking climate mitigation and adaptation actions.
Silo will use the Series C funding and new bank partnership to advance its workflow automation and fintech platform for the produce industry.
Startups in the Ag Marketplaces & Fintech category raised $191 million in 2022 to bring more efficiency to the agrifood supply chain.
The Innova Memphis Fund VI will invest in early-stage startups addressing the automation and digitization of agriculture in rural areas.
Other countries to watch include Colombia, Argentina and Chile, according to AgFunder’s Latin America agrifoodtech investment report.
Agribusiness Marketplaces and Fintech was the most-funded upstream category for India agrifoodtech in 2022.
Latam startups fight food insecurity and inequality with agrifoodtech tools like farmer financing logistics and healthier ingredients.
The Yield Lab Latam is targeting a $50m final close by the end of the year.
Panelists at World Agri-Tech and in AgFunder’s new report say agrifoodtech investment will get worse, but those solving ‘the right’ issues have opportunity.
Real cost and productivity loss on the farm are creating a catalyst for agriculture to take a big leap forward in its digitization journey.
As we look to the next decade there’s an underserved, tech-driven opportunity for founders and investors alike: serving the ag service providers.
For many startups, the challenge isn’t getting a first round of funding; it’s getting the kind of funding that can truly propel growth.
Co-founder Amol Deshpande, who started Farmers Business Network in 2014, is stepping down as CEO “to pursue other interests.”
The FBN bridge loan tool helps farmers compete against cash offers and larger ag companies and investors when securing land.
Despite an overall increase in agtech adoption, farmers around the world still lag in terms of adding new sustainability practices to their operations.
Through innovation, six major trends, from agrifintech to farm management software, are repositioning the sector and unlocking its game-changing potential.
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