Surprisingly, despite the consolidation and domination of a few major players, investment in eGrocery startups still represents nearly 16% of agrifoodtech funding in 2024 so far. But does that tell the whole story?
Robust waste tracking and inventory systems are key to cutting more food waste out of the food retail supply chain.
AgriNovus Indiana launched its HungerTech Innovation Challenge to address food insecurity through technology.
eGrocery and Cloud Retail Infrastructure continue to lead Latin America agrifoodtech investment, despite the global macro-trends elsewhere.
Aquaculture and agribusiness marketplaces dominate Indonesia agrifoodtech investment this year, but climate tech needs more attention.
Nordic agrifoodtech startups raised nearly $500 million across 39 deals from mid-July 2022 to mid-July 2023, according to AgFunder data.
UK agrifoodtech startups raised nearly $400 million across 77 deals, according to the latest data from AgFunder.
In contrast to global investment trends, Latin America’s eGrocery startups continued to garner the most capital in 2022.
Other countries to watch include Colombia, Argentina and Chile, according to AgFunder’s Latin America agrifoodtech investment report.
Agribusiness marketplaces & fintech and eGrocery were the top investment categories for Latin America agrifoodtech in 2022.
Founder Bobby Brannigan explains how the Mercato tech platform is keeping mom-and-pop stores in business while also serving food deserts.
2022 was a grim year for agrifoodtech investment, with funding down 44% year-on-year globally, in part driven by an 81% drop in funding in China. So why did funding fall off a cliff and what can we expect in 2023 and beyond?
California startups raised nearly twice as much funding as the second-largest global market for VC investment in agrifoodtech.
eGrocery is still the biggest subsegment in agrifoodtech investing, attracting a cool $5.1 billion in funding in 2022. But that pales in comparison to the jaw-dropping $19 billion raised by food ecommerce startups in 2021, according to AgFunder’s new global investment report.
Panelists at the AgFunder 2023 Global Report launch party discussed the challenges for alt protein and eGrocery, and why capital is swimming upstream.
The macro headwinds startups face right now are also driving more interest in agrifoodtech as a solution to some of today’s most pressing climate issues.
News roundups from 2022 shed light on the rise and fall of eGrocery, the downturn’s impact on agrifoodtech and what to watch for 2023.
Led by Swiggy, Restaurant Marketplaces raised $1.95 billion in FY22, scooping up the most funding of any agrifoodtech category.
The deal, which brings together two of Europe’s biggest instant grocery players, values the combined group at $10 billion.
Trigo will further deploy its cashierless checkout system across Europe and the US, and develop its store and inventory management software, StoreOS.
