Investment in Ag Tech on Pace to Set Record for the Sector

The first half of 2020 has been a marked investment period for ag and food tech investment, according to the mid-year findings from ongoing research being conducted by Finistere in partnership with PitchBook that examines global financing activity across both the agtech and foodtech sectors.

Although the greater part of the capital moved in Q2 in response to the global pandemic, total agtech investment for H1 2020 topped $2.2 billion, approaching the full-year record of $2.7 billion set for all of 2019.

Likewise, during the same time period, foodtech investment was ahead of the pace, exceeding $4.8 billion for the first half, compared to investments totaling $7 billion for the entire year prior.

Agtech financing overview:

Foodtech financing overview:

To view the complete report, click here.

Source: AgriMarketing