Shifts in how people think about food, investing and even changes brought about by COVID-19 have led to more money—and more deals—in the agtech sector than ever before.
Last year was a record year for agtech, with nearly $5 billion invested in the sector in 440 funding deals to VC-backed startups, according to Crunchbase data. That far outstrips the $3.3 billion invested in 422 deals in 2020.