Sustainable Food & AgTech Market Update – September 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.
- Kroger’s launch of its Simple Truth Plant Based private label and Nestlé’s launch of its Awesome Burger and Awesome Grounds demonstrate that companies across the food supply chain are focusing on satisfying shifting consumer preferences for plant-based meat alternatives.
- Recent capital raises by FarmWise, Fieldin, and FruitSpec highlight strong investor interest in technology-driven solutions to bring more automation to the farming and agriculture markets.
- CNH Industrial’s and Syngenta’s respective acquisitions of AgDNA and The Cropio Group mark a turning point in digital strategies for agribusiness companies as they look to feed a rising population, sustainably.