COVID-19 has sent waves of disruption all over the world affecting the lives of people in many ways. Supply chains have been disrupted thereby leaving an impact on the supply of essentials. Talking about the startup ecosystem, activities across startups were down drastically and business growth estimations are uncertain due to the economic recession caused by the pandemic.
However, agritech startups are constantly trying to succeed through the pandemic despite the challenges in the industry as the demand for food never ceases. New technologies and their adoption by EU farmers are key drivers in maintaining European agriculture competitive in a global world. At the same time, many agritech startups have managed to thrive through the casualties faced during the tough time of the crisis with the adoption of technology and intelligence.