@article{Roche:333555,
      recid = {333555},
      author = {Roche, Julian S.},
      title = {The causes, course and consequences of the surge in  Venture Capital AgTech investments},
      address = {2023-03-24},
      number = {1784-2023-430},
      month = {Mar},
      year = {2023},
      abstract = {Between 2018-2022, there was a significant surge of  venture capital in Agtech. The causes were many: the rise  in global population and its consequences, AgTech  developments themselves, the search for new investment  sectors by VCs themselves, and even the pandemic all played  a part. The surge brought investment to locations that  hitherto had been completely outside the VC radar, notably  Asia but now also Africa. Now that the surge has ebbed,  along with VC investment as a whole, it is possible to  begin to take stock. The evidence to date suggests that the  majority of investment during the surge has flowed into  downstream companies with the opportunity for rapid growth  and high valuations. No global champion has yet emerged for  upstream AgTech, whether in plant genetics, animal health  or even novel farming systems. The impact of the surge in  raising yields therefore rests on exits to or partnerships  with major corporates, as they have the capacity to deliver  technology at scale.},
      url = {http://ageconsearch.umn.edu/record/333555},
      doi = {https://doi.org/10.22004/ag.econ.333555},
}