The number of AgTech startups that have raised venture capital has grown now for three straight quarters, according to market expert Kyle Welborn.
Despite the reduction in investment dollars, the number of deals continued to grow, says agtech investment expert Kyle Welborn.
AgTech saw investment dollars drop from 2021 to last year, but the number of deals showed strong growth.
While AgTech VC investments slowed last quarter, agriculture stood up far better than most industries in terms of overall venture funding.
While last year rapid growth was enough to attract investors or explore an exit, the focus this year has been on showing a clear path to profitability.
After 2021’s record breaking total of AgTech venture capital investments, the first quarter of 2022 saw the amount of money invested in the space slow down.
The number of investments bounced back in 2021 after a steep drop in 2020 due to Covid.
Last quarter set a record for venture capital investments into AgTech startups.
Here is a breakout of how much venture capital was raised in each AgTech sector.
Contributor Kyle Welborn provides an overview of the funding for AgTech startups over the last year and forecasts exciting opportunities for 2021.