Top entrepreneurs from the biotech and IT sectors are turning their attention to the challenge of disrupting centuries-old food production systems. AgTech has become a hot investment sector in only the last 5 years. Before then, investments to disrupt the food industry had a peak year in 2009 of $300 million, compared with $15 billion in healthcare and $25bn on software, according to Adam Anders, the managing partner of ag-focused private equity firm Anterra Capital. AgTech has now caught up, with $16.9bn recorded in funding spread across 1,450 investments, according to AgFunder, a venture capital platform for the sector. The following article provides a brief summary of the most exciting developments happening in the AgTech space.
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