After 2021’s report breaking complete of AgTech enterprise capital investments, the primary quarter of 2022 noticed the amount of cash invested within the area decelerate, writes Kyle Welborn at CropLife. Final quarter, our evaluation of Crunchbase information reveals 224 AgTech startups raised a complete of $3.88B. This represents a 13% drop in funding and a 1% lower in offers from This autumn 2021. This lower in complete funding is in line with a broader slowdown throughout all classes of enterprise capital investing.
There have been 12 startup AgTech exits final quarter. Eleven of those occurred although M&A transactions, and there was one public itemizing through a merger with a Particular Goal Acquisition Automobile or SPAC.
AgTech Enterprise Investments
Under is a breakout of the offers and {dollars} that flowed to totally different sectors of AgTech final quarter:
The most important class lower in funding final quarter was in the direction of provide chain startups. The common provide chain associated startup raised a spherical of $12.5M final quarter, down from $30M in This autumn 2021. This represents a 59% lower in spherical dimension. On common throughout throughout AgTech startups, whereas the variety of firms that raised capital remained about the identical, the common spherical dimension final quarter decreased from $19.6M in This autumn 2021 to $17.3M final quarter.
Learn extra at CropLife.