Investment in agrifood-tech startups has hit its lowest point in six years, declining nearly 50% from 2022 to 2023 because of fewer and smaller deals. Agrifood-tech startups raised $15.6 billion globally in 2023, down 49.2% from $30.5 billion in 2022. Funding to all categories declined except for two: Bioenergy & Biomaterials and Farm Robotics, Mechanization & Equipment.
Source: AgFunder.
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