Agriculture has become – pardon the pun – a lucrative field for technology companies.
A total of US$2.36 billion was invested into the global agriculture tech – or agtech – businesses in 2014, which put in on par with sectors like fintech, and ahead of clean tech, according to a recent report by agtech crowdfunding site AgFunder.
The bloom has just begun. AgFunder’s mid-2015 report says that global agtech investment have already hit $2.06 billion.
In its reports, the firm defines agtech broadly. It covers a set of companies directly involved with cultivating plants and other living…