Back in February 2021, it was clear that the degree of investor incentives for the food and agrotechnical sector had grown by 34,5% on an annualized basis.
And although there is still a surge in investor interest in "arising" technologies, for example, the segment of alternative proteins, they are still paying more attention to technologies for farmers.
According to a fresh report from AgFunder, investments in the Farm Tech segment grew to $7,9 billion in 2020, exceeding the previous year's figure by 41%.
The Farm Tech acceleration is about six percentage points higher than the food and agricultural technology segment combined. And 37% higher than the growth in global venture capital compared to the same period last year.
Analysts point out that most of the investment activity was in two sectors: agrobiotechnology and new farming systems. Investors have invested over $1,5 billion in each category.
Investors were particularly interested in Ag Biotech: 173 transactions were closed, which is 58% more than in 2019.
