💡 Our VP of Venture Investments Agriculture, Derek Norman, shared a great reflection on the #agtech market in his first LinkedIn pulse article. Read the article to learn his top 4 key take-aways after last months' World Agri-Tech. 🌱
Coming back from last months' World Agri-Tech, I took some time to reflect and write my first LinkedIn Pulse article. The #agtech sector is facing one of its toughest times in over a decade, but amidst these challenges lies a wave of groundbreaking #innovation I am truly excited about. I delve into the reasons behind this surge and share insights on how we can maximize its impact. In the article I discuss how sound #science, strategic #partnerships, and new business models are essential for driving success in this complex industry. Sharing some of my thoughts below: 1) A rigorous, scientific approach is crucial for developing effective ag inputs and technologies. Our portfolio company Aferna Bio, exemplifies this methodology. 2) Resilience comes from collaboration with investors who share a long-term vision and the patience to support sound scientific practices. 3) As agriculture embraces digital transformation, new business models will help growers manage risk and invest in technology. Companies like Grão Direto and Apollo Agriculture are leading the way. 4) Addressing significant issues, such as biological #nitrogenfixation, will drive rapid global adoption of new solutions. Despite the strains on capital markets, I believe that startups grounded in strong science will continue to thrive and transform the agtech landscape. I would love to hear your thoughts below in the comments:
