Five Major Trends in AgTech
Posted on July 20, 2018 08:24 AM by elyons
- Four Major Factors are Driving AgTech Adoption: Population Growth, Environmental Regulations, Changing Diets Internationally, & Declining Sensor Costs
- AgTech Startups Raised $10.1 billion in 2017, a 29% increase from 2016
- Venture Capitalist firms consider AgTech a ‘Horizontal’ sector, with tech and business models being duplicated in the Ag Markets
- There is a growing interest in financing agtech; innovation is needed as population rises, and global warming devastates natural resources.
- Market Dynamics are Shifting to an Increase in Acquisitions and Strategic Deals