DEBYE’s Post

With the latest reports in the agriTech sector, it's evident: despite a slight decrease in industry growth, AgriTech remains vibrant with over 153,600 companies, reflecting a diverse ecosystem.. 🚀 More than 36,000 funding rounds have closed, showcasing a dynamic financial sector with robust investment activity. 🌟  A strong emphasis on the importance of embracing agricultural technologies, investing in sustainable practices, and leveraging global agriculture trends. Covering over 3.7 million global companies and 20,000+ technologies, alongside analysing 6,100+ AgriTech startups, It's clear: the future of agriculture is ripe with innovation and investment opportunities. 💯So, investors, the ball is in your hands. What is stopping you from investing in AgriTech?🤔  Let's connect➡️https://lnkd.in/gP9m6y2K   #AgriTech #Investment #FutureofFarming #MovinAfrica #InvestInUs

This is an interesting article where prominent figures in the AgTech investment space delve into a decade's journey of AgTech investing and offer their perspectives on the trends and innovations shaping its future. I recommend reading this article if you are navigating the AgTech investment realm, trends, or a startup seeking funding. Key Insights Unveiled: - Long-term Play: AgTech is a marathon, not a sprint. Success in this sector demands patience and a focus on long-term gains. - Valuation Ceilings: Realistic valuations are crucial. The last decade shows us that max valuations hover around a few hundred million dollars, marking the upper limit of exit valuations seen to date. - Commercial Traction Over Growth: There is a pivotal shift from mere growth to building a profitable business that delivers real value. - Product-Market Fit is Key: Identifying and validating this fit is non-negotiable for success in the AgTech space. - Beyond Data – Actionable Insights: The era of overwhelming data is evolving to a need for interoperable solutions that offer practical, actionable insights. - Know Your Market: A deep understanding of your target market is indispensable. - Emerging Domains to Watch: Integration of AI, robotics, ag biotech, advanced irrigation, and regenerative agriculture are emerging domains. These domains align closely with my watchlist for 2024, see link in comments. I am excited to engage further with the AgTech investor community at the upcoming World Agri-Tech Summit in March! Use code 'AGPRO10' for a $700 discount. See you in San Francisco! #agtech #AgTechInvesting #precisionagriculture #smartfarming #Innovation #startupfunding #regenerativeagriculture #trends2024

Discover the groundbreaking initiative by Agtech Startup Applied Carbon, which has recently secured a $21.5M in Series A funding to bolster its biochar technology. With an impressive lineup of investors including TO VC (to.vc), Congruent Ventures, and many others, Applied Carbon is set to revolutionize agricultural practices through enhanced carbon removal in the Southwestern U.S. Explore more about how Applied Carbon's commitment to sustainable development is shaping the future of agriculture in the latest feature. https://lnkd.in/e-x6SnFA #FoodTech

Venture capital investment experienced a significant contraction in 2023, as global business underwent a period of turbulence. According to PitchBook data, the agri-tech sector followed this pattern, with investments decreasing from $11.8 billion in 2022 to $7.1 billion last year, a reduction of 40%. Indoor farming was one area where this fall was particularly severe, falling from $2 billion to under $500 million. The early signs show that the market contraction has sown the seeds for robust M&A activity in 2024. Continue Reading: https://lnkd.in/g8kkwqYb #Agribusiness #DigitalFarming #Agriculture #AgTech

WEENAT: FRENCH AGTECH STARTUP SECURES €8.5 MILLION FUNDING TO COMBAT WATER SCARCITY Weenat, a French agtech specialising in mobile and connected solutions for farmers, recently secured €8.5 million in investment from prominent entities like ECBF, a European Circular Bioeconomy Fund (ECBF) impact fund based in Germany, Pymwymic, a Dutch impact investor, LIBERSET, a transatlantic investment company, and IDIA Capital Investissement, a Series B investor reaffirming its confidence in Weenat. These investments are dedicated to fostering a more sustainable agriculture system in response to the undeniable reality of climate change, which presents significant challenges in water scarcity and management for the coming decades. Agriculture currently accounts for 70% of global freshwater withdrawals, with more than half of this water inefficiently used due to the absence of suitable tools. Weenat is committed to supporting farmers in addressing the challenges posed by water scarcity, with innovation central to its strategy. The company strengthened its research and development capabilities by acquiring Weather Measures, a data-driven Agtech startup, in 2021. This acquisition underscores Weenat’s dedication to delivering advanced technologies to the farming community, whether through internal innovation or external partnerships and acquisitions. Jérôme Le Roy, founder of Weenat, said: “We are thrilled to welcome new investors who share our commitment to make the most meaningful impact. With these new financial means, we will continue to innovate, equipping the farming community with data-driven tools essential for more resilient agriculture which currently faces so many challenges.” To read the complete article click on this link below 👇 https://lnkd.in/eWievMWv #agritech #agritechnology

🌟 Exciting News! 🌟 We are thrilled to announce that our portfolio startup, DruFarm Technology Private Limited, has been selected as a winner of the World Bank Youth Innovation Challenge: Water Solutions for a New Climate Reality! DruFarm's innovative solutions empower farmers with smart irrigation technologies, data-driven insights, and precision farming techniques. This achievement underscores our commitment to advancing sustainable agricultural practices and supporting innovative solutions in the face of climate challenges. 📅 The Challenge launched at CoP28 on December 8th, 2023, and will run through October 2024. It is a joint initiative of the World Bank’s Solutions for Youth Employment (S4YE) and Water Global Practice’s Utility of the Future Program. Out of over 1600 registrations and more than 300 applications from 63 countries, only 20 teams were chosen for this prestigious program. The selected 20 winners will enter a 6-month Accelerator Program with mentoring from top Water Tech CEOs and World Bank experts. Plus, they'll pitch to VCs and impact investors. Congratulations to the five startups from India that have qualified for the inaugural Youth Acceleration Program: 1) Aumsat Technologies LLP 2) Drufarm Technology Private Limited 3) Clean-Water (Sustainable Water Technologies Pvt. Ltd.) 4) Silverynanos Innovations LLP 5) WotrWise Learn more about each startup: https://lnkd.in/dW7w7F5b #AIMtoInnovate #NITIAayog #aicadtbaramati #Agriculture #Innovation #ClimateChange #SustainableAgriculture #SmartIrrigation #YouthEmpowerment #WorldBankChallenge #DruFarm #WaterSolutions #ClimateReality #PrecisionFarming

📣 Agri-tech startup, Seabex, closes seed funding round, led by Water Unite Impact 💧 We are thrilled to welcome Seabex to our portfolio as the latest investee in the Water Unite Impact Investment Vehicle. Water security is a critical issue in the agricultural industry. Seabex addresses this challenge by enabling farmers to reduce water consumption, thereby cutting costs and minimising environmental impact. This, in turn, enhances local water security and mitigates the agricultural sector’s impact on local watersheds as well as reducing water consumption overall. At Wellers Impact and through Water Unite Impact, we support innovative, scalable, and cost-effective solutions that comprehensively address global water challenges, extending beyond traditional WASH investments. Seabex aligns with Pillar 5 (water preservation) of our Water+ investment thesis, creating impactful solutions that increase water efficiency through their cutting-edge AI and sensorless technology. Global agriculture consumes nearly 70% of the world's annual water supply, with approximately 40% lost to inefficiencies and poor management. Seabex’s scalable and cost-effective platform empowers farmers to reduce water usage while increasing crop yields. We are proud to support Seabex in their mission to revolutionise agriculture and contribute to sustainable water management. Find our full press release on our website 👉 https://lnkd.in/evqDxRsX #Agriculture #Innovation #AI #WaterConservation #Sustainability #sustainableagriculture #watersecurity #waterpreservation #Seabex #WaterUniteImpact #impactinvesting #wellersimpact

Following their seed funding round, 500-backed agritech startup Qarbotech is now looking to establish a 3,000 sqft pilot plant to ramp up production of their photosynthesis enhancer from 2,000L to 100,000L per month. The solution boosts agricultural productivity, increasing crop yields by up to 60%. “We are the first in the world to have this kind of photosynthesis enhancement through a material that helps the plant capture more light,” Co-founder & CEO Chor Chee Hoe shared, adding that their approach is biocompatible due to its sustainable and organic nature, making it safe for direct use in agriculture and food production. Qarbotech plans to expand internationally, including to China, Zambia, Europe, and the U.S. Full story here: https://bit.ly/3SXSYNZ #500Global #500SoutheastAsia #500Strong #startups #technology #innovation #venturecapital #asia #southeastasia #malaysia #agriculture #agritech #photosynthesis #sustainability Photo credit: Qarbotech

Startups dialed back hiring in 2023, more biodiesel plants may close in 2024 and Southwest Airlines invests in SAF. USDA restricts the use of ‘Product of USA’ label, food inflation dips lower and a laser to measure cow burps. Origination equals control. When you are the originator of all the inputs of your product/technology, you exhibit control on the market. Food and agriculture value chains make this hard to do but when done, it is an effective lever for #agtech. I’ll outline how it’s done and some examples in this week’s newsletter. #agtechfriday #startups #agriculture #originator #origination #agtwitter #innovation #origin https://lnkd.in/gWkjwxJd

Investing in AgriTech: Is it the right choice to create impact or generate returns? 🥕 📈 In the midst of a growing population, attention to agriculture is on the rise. The sector serves the population's basic needs related to income, employment and food. And it scales up to the global level covering food security, supply chains and issues of farming productivity. With a focus on global sustainable development, agricultural technology is recognised as one of the most impact-driven. It incentivises players to innovate in the field of traditional manual operations at scale, bringing returns under the VC model accordingly. Explore the ATIF's findings on AgriTech and share your views regarding the sector's potential ⬇ Tumo Center for Creative Technologies, UNDP ImpactAim Venture Accelerator, Nation In Action, Neruzh #ATIF #armtechimpactvc #armtechventures #armenia #startupsarmenia #impactinvestment #agritech #agrotech