Sustainable Food & AgTech Market Update – August 2018
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.
- Coca-Cola and PepsiCo’s recent acquisitions demonstrate the soda giants’ ongoing diversification away from sugary beverages, validating the trend toward more health-conscious consumption patterns
- Innovators such as AutoX, Nuro and Waymo are partnering with grocery conglomerates, including Kroger and Walmart, to provide self-driving cars and trucks for grocery delivery
- Inari Agriculture’s $40mm Series B raise validates the company’s CRISPR gene editing technology for crop breeding, which allows for development of seeds customized with traits that help a plant grow best in local conditions