2021 Annual Agtech Report | PitchBook

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Agtech books strongest year yet for VC funding and exit value

Agtech startups are capitalizing on innovative technologies that promise financial, social and environmental returns to an increasingly diverse set of backers, including tech, impact and nontraditional investors. VCs invested $10.5 billion across 751 deals in agtech startups in 2021, a deal value increase of more than 58% year-over-year. 

Ag biotech companies are expected to continue drawing substantial investment amid demand for environmentally friendly agricultural practices and an increasing awareness of climate change and food security issues. 

Our 2021 Annual Agtech Report dives deep into the sector’s investment activity, comprehensively assessing emerging opportunities across market segments like indoor farming, ag biotech and agricultural finance.

Table of contents

Vertical overview 3
2021 timeline 4
Agtech VC ecosystem market map 5
VC activity 7
Segment overview 9
Ag biotech 10
Agrifinance & e-commerce 18
Animal ag 26
Indoor farming 34
Precision ag 45
Appendix 54

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