VCs throughout the world invested $1.6 billion in agtech companies last quarter, bringing the year’s total to $4.2 billion. Although the capital raised in Q3 marks a 14% drop from Q2, the sector has already hit a decade high for annual deal value, with the total through Sept. 30 surpassing the full-year amount for 2019.

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Source: Agtech sector grows to decade high with $1.6B in Q3