AgtechThe document found that agtech deals continued to rise and reached an all-time high in 2019, while later-stage VC valuations across the agtech and foodtech ecosystem rose consistently.
Venture capital investment in agtech startups totaled $2.7 billion across nearly 300 deals around the globe in 2019.
In contrast, foodtech investment decreased in 2019 – down to $7 billion from its high of nearly $9 billion in 2018.
While the United States continues to take the leadership role in agtech investments, Europe is closing the gap and doubled capital deployed into agtech deals in comparison to 2018 – ending the year at $500 million.
Reaching a high of $920.9 million in 2019, crop inputs continued to be the leading segment in agtech investment.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
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