Over the past few years, the agriculture sector has been attracting huge investments, as VCs are investing in solutions that seek to solve the food security problem amid the rapid population growth. According to Deloitte, the agriculture industry is on the verge of turning into a high-tech industry; clearly indicated by the growing number of agricultural startups and investors.
Raised €273M
In this regard, Astanor Ventures, a Brussels-based investment firm has closed a $325M (approx €273M) global fund to help “revolutionise the food and agriculture sector.” The VC is planning to invest its first fund exclusively in food, agriculture, and ocean tech startups across Europe and North America.