Sustainable Food & AgTech Market Update – August 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.
- As illustrated by Inari’s latest capital raise, data-heavy crop discovery and development platforms continue to attract large sums of capital, as investors look for solutions to efficiently optimize plant genetics.
- DoorDash’s acquisition of Caviar reflects a consolidation movement in the on-demand food delivery sector with the biggest players seeking to grow merchant selection and geographic coverage.
- As seen by KFC, Kellogg, Nestlé, Parabel and Tyson Foods’ recent product announcements, legacy food producers are beefing up their plant-based protein alternatives offerings following the success of recent market entrants