AgTech Is The New Queen Of Green

Before Monsanto acquired Climate Corporation in late 2013 for nearly $1 billion, few investors gave much thought to technological innovation in our agriculture system. What a difference a year can make. In what can be described as the Netscape moment for agriculture technology, the sector had a breakout year in 2014, receiving over $2.36 billion of investment across 264 deals spanning the agriculture value chain, according to data we pulled from CrunchBase as well as press releases and SEC filings for last year. Surprisingly, this $2.36 billion figure has now surpassed well-known sectors like fintech ($2.1 billion) and the former queen of green, cleantech ($2 billion).