Technology is re-shaping the agriculture industry, changing the way produce is grown and distributed.
Uses 70% of water worldwide, which is an increasingly scarce resource.
Harmed by erratic weather due to climate change.
Is one of the least digitised sectors—an opportunity for innovation.
Mobile is affordable and accessible, provides labour connection to tech.
LEDs are getting more efficient.
Sensors are getting cheaper.
High demand for Ag data.
Robotics are becoming more reliable.
$820 million invested across 217 deals since 2012.
Grants are becoming a popular financing mechanism for AgTech.
Agricultural corporates are getting more involved with startups.
AgTech activity is increasing within private market sectors.
Operational costs lowering, moving farms closer to the end consumer.
Software and data aggregating the leverage of smaller farms.
Tech growth in health care and medical grows alongside AgTech.
Enhanced communication allows for better negotiations.