Deal activity in agritech takes a hit amid covid
Startups garnered $152 million through 30 deals in 2020, declining from $232 million through 32 deals in 2019, shows data from Venture Intelligence
Deal activity in agritech startups was impacted last year because of widespread disruptions caused by the covid-19 pandemic and the subsequent strict lockdown. These startups got $152 million through 30 deals in 2020, a drop from the $232 million through 32 deals in 2019, according to data from Venture Intelligence. The figure, however, marked a sharp rise from the $69 million in 2018 and $43 million in 2017 through 17 deals each, underscoring continued strong investor interest in the sector.