Sustainable Food & AgTech Market Update – May 2019
Greentech Capital Advisors’ Sustainable Food & AgTech Monthly Market Update summarizes key announcements, M&A, and capital raising activity related to sustainable agriculture, while providing detailed trading metrics on public companies across the sector.
Key Takeaways:
- Cargill’s investment in Aleph Farms, a developer of meat from cattle cells, validates the potential for alternative proteins
- Analytics platforms, such as Hummingbird Technologies, continue to solicit capital from investors with the advent of drones and remote sensing on farms
- Kroger and Lindsay Goldberg announced the launch of a new investment platform focused on emerging consumer products, reflecting an industry ambition from traditional grocer to growth company