AgFunder releases 2015 AgTech Investing Report
AgFunder released its 2015 Year in Review Investing Report, mid month. We like what we are seeing in the agriculture sector. For the third successive year, AgFunder is reporting growth in investment in agriculture technologies. As champions of ag innovation, we at Larta Institute could not be more pleased to see growth in investor confidence. Take a look at a few of the encouraging highlights of the report:
• Investment doubled in food and agriculture technology startups, from $2.36 bn in 2014 to $4.6 bn in 2015 • The year’s results surpassed AgFunder’s mid-year projections of $4.1bn • The categories that drove investment growth were food e-commerce, precision agriculture (emphasis on drones and robots), and irrigation and water technology • Ag investing is not just for VC’s anymore. Impact investors, individuals and family offices are players in the space. • 503 individual companies raised capital in 2015 • Biological startups, the industry’s response to GMO push-back raised $120M for 20 companies in 20 deals. • No lull in innovation in AgTech. In fact it’s growing. AgTech represented over half of the deals and investments in 2015. • US still leads in AgTech startups, but Israel is pulling its weight with $550M in investments.