Data Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
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Since the start of 2022, Novel Farming startups have raised $30 million, accounting for about 5% of agrifoodtech investment in India, according to AgFunder’s India AgriFoodTech Investment Report 2023 created in partnership with VC firm Omnivore.
It’s a small but important figure in the country’s overall agrifoodtech investment landscape. India, after all, is tasked with sustaining nearly 18% of the world’s population while simultaneously bearing some of the heaviest impacts of climate change. Erratic flooding and drought in the country impact traditional agriculture and has forced some to rethink how India…