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Though often considered to be rather traditional, agriculture is well on its way turning into a high-tech industry as advancements in machinery and a growing number of startups show. New concepts like smart & precision farming, crop efficiency, and vertical farming bring a breath of fresh air to this field, leading to what is called AgriTech or, in some cases, AgTech.
A growing population, climate change, urbanization, and globalized trade are a few of the megatrends that impact agriculture and are approached with observational satellites and analytical software among others. In 2017, AgriTech funding reached a record high of $10.1 billion.
We screened 950+ startups in the AgriTech industry and discovered several innovation areas that will significantly influence the industry in the coming years. To provide extensive information on emerging technologies we decided to outline the most disruptive of these startups to highlight existing cooperation potential.