While FoodTech startups started burgeoning in the early 2010s, investments in the space only took off in 2016, as evidenced in our FoodTech Data Navigator. Indeed 93% of the $163B invested in the sector to date were deployed over the past 5 years, and this is also when 70% of all AgriFoodTech companies were founded.
With over $55.5B invested globally according to our FoodTech Data Navigator, 2021 marks a record-breaking year in AgriFoodTech investment, with a 78% increase over 2020! Such exponential growth is accompanied by changing market dynamics, and as the sector is gaining maturity, some areas of AgriFoodTech are showing signs of consolidation.
The COVID-19 pandemic has reignited the debate about food delivery robots. Could they offer us a solution to future-proof our [...]
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