AgTech represents the application of technology, particularly software and hardware technology to the field of agriculture. AgTech is an initiative that encompasses diverse solutions to almost every phase in the food production procedure. Different regions of AgTech have certain drivers and risks associated with them.
AgriFood tech is a growing market, as evidenced by the surge in investment activity in recent years. As companies evolve, and the deal sizes accumulate with them, it pays to keep an eye on what new innovations are arriving down the pipeline. Agriculture is undergoing advancement, technology is becoming an indispensable part of every commercial plantation.
New precision agriculture companies are expanding technologies that allow planters to maximize yields by regulating every crop farming variable, such as water levels, pest stress, soil conditions, and micro-climates through mechanization. By providing more detailed techniques for planting and growing crops, precision agriculture enables farmers to increase efficiency and manage costs.
Refer to the below articles to know more about it:
THRIVE Releases Its Annual List Of Top 50 AgTech Companies. Read more.
The term “agritech” is a fusion of “agriculture” and “technology,” referring to the use of technological innovations to augment the output and efficiency of agriculture. Read more.
Agriculture is undergoing an evolution - technology is becoming an indispensable part of every commercial farm. Read more.
Not all agricultural businesses concentrate primarily on securing land and animals. Agribusinesses are now improving to interact directly with farmers. More agribusinesses are purchasing and selling directly with farmers. Before you start anything, you should interpret the products and services that you will give. This will function as your business plan.
Seek a good form of financing for your agribusiness. Many alternative financing choices are available that will assist to start your business off on the exact foot. A marketing plan will enable farmers, suppliers, and others to know about your firm. Without a solid marketing plan, your business will undergo.
Refer to these articles given below to know more about Startup in AgriTech
Forbes has taken to the fields and phones to come up with the top 25 most innovative startups in the ag-tech space. Read more.
The world population is expected to increase to 9 billion by 2050, which means we need to increase global food production by 70% to prevent massive famine according to the United Nations’ Food and Agriculture Organization. Read more.
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