Looking forš±Agritech tech startupš”ideas? Here are 10šSurging Climate Tech Startups (2022 Part 1)
To help you to keep an eye on 2022's largest climate investment trend, weāve gathered some of the most google-searched Agritech tech startups and their funding status. Enjoy!
With climate change becoming a pressing issue, thereās a dire need for sustainable solutions.
Certain ventures are trying to fill these gaps to create a cleaner future with climate-friendly technology.
By 2023, total investment in the climate and cleantech sectors is expected to reach $6.4 trillion.
The agriculture industry is gradually transforming into the next high-tech sector.
Every year, several new companies are joining this ever-expanding sector.
Technologies like blockchain, artificial intelligence, and computer vision are being leveraged to improve crop yields, supply chains, and sustainability.
Due to its potential, total investments in the Agritech sector reached over $4.3 billionĀ during the first half of 2021.
Weāve gathered 10 of the fastest-growing Agritech tech startups to keep an eye on in 2022.
1. GreenLight Biosciences
5-year search growth: 185%
Search growth status: Exploding
Year founded: 2008
Location: Medford, MA
Funding: $340.5M (Post-IPO Equity)
What they do: GreenLight Biosciences is a plant and life sciences company that develops RNA-based products. Specifically, they offer targeted biocontrols through their proprietary āGreenWorXā platform, aimed at protecting crops from pests. GreenLight Biosciences earns an estimated $5M in annual revenue.
2. Mootral
5-year search growth: 576%
Search growth status: Exploding
Year founded: 2018
Location: Rolle, Switzerland
Funding: $13.5M (Equity Crowdfunding)
What they do: Mootral is an agtech company that develops feed supplements for cattle. Their solutions are designed to reduce methane emissions from cows, goats, and sheep. The company claims that its solutions can result in a 38% reduction in emissions.
3. Wefarm
5-year search growth: 485%
Search growth status: Peaked
Year founded: 2015
Location: London, UK
Funding: $32M (Series A)
What they do: A platform for independent farmers, Wefarm offers open-source farming resources and access to physical retailers. The network enables farmers to connect with each other via SMS or through the app. The platform is currently used by 2.4 million farmers.
4. FarmLead
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At Atlas Capital, we do not only focus on new technologies, but we also aim to revolutionize traditional industries into greener ones. We believe that by bringing innovators, and investors together, we can ride that trillion-dollar market tsunami while returning huge ROI to our investors and saving gigatons of CO2. Now is the time your investments can build a zero-carbon world for your children.