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Agritech industry grew over 2020, report shows


(File image)
Photo: 123RF
The Technology Investment Network (TIN) report for 2020 indicates there was growth across all parts of the sector, including the number of start-ups, export revenue, spending on research and development, and investment across all business types.
The top 22 agritech companies generated $1.4 billion in revenue.
Most of the new early stage companies offered information and communication technology, with a growing number offering biotech products.
Venture capital investment rose 13 percent to $127 million, while angel investment rose 48 percent to $160m.
The total value of exports rose 7.5 percent or $54.9m to $790.4m, which contributed just over half to the overall sector s exports. ....

United States , New Zealand , Greg Shanahan , Technology Investment Network , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜீலாந்து , கிரெக் ஶ்யாநஹ்யாந் , தொழில்நுட்பம் முதலீடு வலைப்பின்னல் ,