Are Coastal VCs Sleeping On Midwest Agtech?
Sunday, April 22, 2018
Midwest agriculture is worth more than $100 billion, but startup funding stays on the coasts.
Agriculture technology (agtech) startups garner billions in venture investment, but the dollars are heavily concentrated in California. For investors willing to look outside of Silicon Valley, agtech startups in the Midwest may offer valuable, potentially lucrative opportunities. With top agricultural universities producing talent and newly formed agtech accelerators, startups proliferate in the Midwest. These new companies could transform Midwest agriculture, which is currently a market worth more than $100 billion.