Despite the issues, venture capitalists have shown interest in this sector, and rightly so. Like many world-changing industries, agriculture technology (AKA agtech) is being driven not by large established players but by startup innovators, often backed by venture capital. According to AgFunder, the sector of AgriFoodTech investment continues to break records, reaching $31 billion in 2020 — up more than eight times from 2012.
As the organizer of the Silicon Valley AgTech Conference, since 2014, we’ve aimed to showcase the newest, boldest and most innovative agriculture technology companies in the Valley and beyond. Here are a few highlights from our recent conference developments that are worth keeping an eye on.
Excerpted from Lex Blog To read the full article, click here.