Venture Capital Invested Billions In Emerging Market Agri-Tech Startups In 2022 ...Middle East

Economy by : (OILPRICE) -
Even as global funding levels drop, agri-tech start-ups remain a key driver of investment in emerging markets as they work to make farming greener, more productive and more climate resilient. Global investment in agri-tech start-ups totalled $10.6bn in 2022, down 13% from 2021 – a record funding year for global start-ups – but ahead of the 2020 figure of $7bn. This matched a general downward trend in venture capital activity, as investors became more cautious amid global headwinds and deepening fears of recession. However, a focus…

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