Agtech deals reached an all-time high in 2019

Posted Mar 23, 2020 in Blog & Industry News

CURRENT PRICE

FEATURED NEWS

Clean Seed to Launch SMART Seeder MAX in USA and Files Application to Trade on OTCQB Venture Market ...
Read More

Subscribe

Subscribe below to get the latest
industry and Clean Seed Capital news.


Sign Up

CURRENT PRICE

FEATURED NEWS

Clean Seed to Launch SMART Seeder MAX in USA and Files Application to Trade on OTCQB Venture Market ...

Subscribe

Get the latest industry
and Clean Seed Capital news.

Venture capital investment in agtech startups totaled $ 2.8 billion across more than 300 deals around the globe in 2019.

Agrifood venture pioneer Finistere Ventures released its ”2020 Finistere Ag and Foodtech Report,” which found that agtech deals continued to climb and reached an all-time high in 2019, while later-stage VC valuations across the agtech and foodtech ecosystem rose dramatically. 

$ 2.8 billion across more than 300 deals

Venture capital investment in agtech startups totaled $ 2.8 billion across more than 300 deals around the globe in 2019. In contrast, foodtech investment decreased significantly in 2019 – down to $ 6.7 billion from its high of nearly $ 9 billion in 2018. 

Investment in mainstays like digital ag beginning to drop

“The flow of money is shifting as the market matures. While more money pours into advanced crop protection technologies, indoor farming, alternative proteins, ingredient refinement, and supply chain advances, investment in mainstays like digital ag is beginning to drop as leaders start to emerge,” said Arama Kukutai, co-founder and partner at Finistere Ventures. “Likewise, those investment reallocations will help drive a healthier, more sustainable food and ag ecosystem where fundamental value has to be demonstrated.”

The report provides in-depth analysis of global financing activity across the agtech and foodtech industries, a breakdown of regional variations, an evaluation of the investor universe, a ranking of top startups across the agtech and foodtech ecosystems, and an infographic of top 2019 trends and takeaways.

Key agtech findings include:

  • Continued maturation of the agtech investment sector with increasing capital deployment in later-stage companies and bigger valuations as startups start to scale
  • From a global perspective, while the United States continues to take the leadership role in agtech investments, Europe is closing the gap and doubled capital deployed into agtech deals in comparison to 2018 – ending the year at $ 1.2 billion 
  • Reaching a high of $ 887 million in 2019, crop inputs continued to be the leading segment in agtech investment
  • Precision ag investment continued to fall since its peak in 2016 with an expected shakeout ahead as best-of-breed innovators position themselves to claim leadership positions through consolidation and showing market adoption
  • With longer lifecycle investments, plant sciences investments dropped 20 percent from 2018 but will likely climb again in years ahead given the need for pipeline by Ag majors
  • Capital deployed into later stage venture financings increased by 50 percent, while exits remained anemic, with only eight ventured-backed exits in agtech and 16 M&A transactions in 2019

Read the Original Article Here

 

STAY UP TO DATE WITHTHE LATEST NEWS


Clean Seed to Launch SMART Seeder MAX in USA and Files Application to Trade on OTCQB Venture Market

Jun 8, 2021

Clean Seed SMART Seeder MAX™ Sales Program Opens Strong

Jun 2, 2021

Clean Seed to Break Ground on New Operations and Assembly Facility in Saskatchewan

Mar 24, 2021

Clean Seed Opens Global Distribution Recruitment on the SMART Seeder MAX/MAX-S for Dealers and Agronomy Partners

Mar 4, 2021

Ahead of the Curve

Mar 2, 2021 - Farming for Tomorrow

Clean Seed adds Key Commercialization Vice President Positions to Support Rapid Growth Cycle

Feb 24, 2021

Clean Seed Capital Group beefs up management team hiring industry veteran to fuel growth

Feb 24, 2021 - Proactive

Steve Sommerfeld Joins Clean Seed Capital’s Board of Directors

Feb 10, 2021

Clean Seed Capital: Disruptive agricultural smart seeding technology shakes up an industry.

Feb 5, 2021 - BNN Bloomberg

CEO Graeme Lempriere joined Steve Darling from Proactive to provide an update on the SMART Seeder Max-S release date.

Feb 5, 2021 - Proactive

Clean Seed Capital Gaining Traction with SMART Seeder MAX-S Launch Activities

Feb 4, 2021

Clean Seed Capital Group Premieres “The Seed of an Idea - Grows the Next Generation”

Dec 9, 2020