VCs See Fertile Ground in Agtech

Agriculture startups that raised seed rounds in recent years are blossoming into businesses sought after by later-stage investors.

Investment in the agtech space is up sharply this year, driven by a spike of rounds at Series B and later stages, according to Crunchbase data. Altogether, agtech startups raised more than $320 million in 2017 so far, a more than three-fold increase over the same period last year.

Agriculture entrepreneurs now have a choice of firms likely receptive to their pitches. The list includes seed-stage investors like The Yield Lab and Better Food Ventures, as well as firms focused on Series A and later rounds, such as Lewis and Clark Ventures and S2G Ventures.

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