Agrifoodtech startups and investors are plugging away in 2020 as if we weren’t all caught in the midst of a global pandemic. Well, almost.
Downstream investment declined by 67% year-on-year. But upstream funding more than doubled, as startups and investors zeroed in on farm and supply chain solutions.
While the bulk of funding went to downstream categories in 2019, startups in the middle of the agrifood value chain are attracting more and more interest.
Infrastructure, crop cultivation, and logistics and distribution are set to be the leading areas for funding in the years ahead, says East Ventures partner Melisa Irene.
Singapore Economic Development Board’s John Eng says the city-state’s “unique” ecosystem of agrifood corporates and startups is winning investors over.
Between them, Singapore and Indonesia raised over five times the funding of all the other ASEAN countries put together.
Technology has a role to play in helping farmers adopt these 25 practices which focus on everything from better resource management to smarter genetic selection in livestock
The BAT group of companies may have invested less in agrifood startups in 2019 than in previous years – but they’re still betting big on the sector.
Luckin Coffee scored one of China’s top agrifoodtech startup fundings just before its May IPO, while e-grocer MissFresh landed the country’s biggest deal.
The third edition of AgFunder’s annual China AgriFood Startup Investing Report shows that the trade war and swine flu have taken a toll – but there are still plenty of reasons to be bullish.
As US agri-foodtech investment slowed slightly in 2019, other markets picked up the slack. Here’s a list of the leading deals outside the US.
A UN FAO report also showed that global aquaculture production is catching up with catch-based production systems.
The inaugural census from Agritecture Consulting and Autogrow identified key trends in CEA including a large demographic of beginning farmers and an increasingly global industry footprint.
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