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14 of the Top-funded AgTech Startups

Tuesday, September 19, 2017   (0 Comments)
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To say that we’re a little removed from our hunter-gatherer origins would be an understatement. We read in an article that about 7 percent of American adults believe chocolate milk comes from brown cows. It begs the question: Where do these people think strawberry milk comes from? Maybe some sugar junkie rabbit. Further, as The Washington Post also reported in the same article, one in five didn’t know that hamburger comes from beef. Do you think they know where chicken comes from?

 

So we’re rather amazed how much money has actually made it into agricultural technology, or agtech, in recent years considering the total lack of attachment we seem to have to our food system. AgFunder, in its 2016 AgTech Investing Report, noted that investments hit $3.2 billion last year, which was actually a drop of 30 percent from the sector’s best year in 2015 when VC dollars reached $4.6 billion.

 

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