Ag tech investments double in 2015 despite U.S. farm slump: study
The investments were nearly double the $2.36 billion seeded by venture capitalists and others in 2014, according to the annual report from online food and agriculture investment platform AgFunder. "There's definitely been a downturn in the broader market, but ultimately the direction of agriculture is going toward an more technologically driven future," said AgFunder CEO Rob Leclerc. Investments in 2015 were also noticeably less American, as just 58 percent of deals were in U.S.-based companies,
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