As devastating as the pandemic has been, some good has emerged from the global health and economic crisis: investment to shore up global food systems has soared. Back in February we confirmed the extent of the boost investors gave entrepreneurs across the foodtech and agtech industry — 34.5% year-over-year to be precise.
And while we noticed a surge in investor interest in “upstream” technologies, those operating closer to the farm and in food production — alternative proteins, for instance — we now have numbers that show particular investor interest in technologies for farmers.
“Farm Tech” investing soared to $7.9 billion in 2020, topping 2019 investments by $2.3 trillion, or 41%, according to AgFunder’s 2021 Farm Tech Investment Report, in collaboration with Upstream Ag Insights. Continue reading “Farm Tech Investing Is Accelerating Faster Than Food Tech And General VC – New Report”