Jumping off the success of our list of top 100 foodtech startups to watch, we're diving straight into related industries and segments with a growing number of promising startups you don't want to miss.

This week we're looking at the top 100 agritech startups to watch based on Dealroom Signal: a powerful algorithm helping VCs, Corporates and Governments find the strongest up-and-coming startups.

Short for agriculture technology, agritech refers to the application of technology in agriculture, horticulture, and the entire farming process to create efficiencies. These efficiencies can range from improving a crop’s yield, increasing overall productivity & profitability, and so on. By leveraging technology, agritech startups are disrupting the way we produce food globally.

Agritech startups raised a record $8 billion in 2021 and have raised $3.9B as of H2 2022. There are currently 19 agriculture technology unicorns globally, or private companies with a valuation of over $1 billion.

Don't miss out on the latest and most promising investment opportunities you'll find in the agritech space. Click the button below and discover the top 100 agritech startups to watch.

In foodtech news

🐟 "Sustainably farmed" salmon is far from sustainable. Half of the salmon imported to the USA comes from Chile, a place with extreme environmental waste and track record of using pesticides. - Bloomberg

🎣 Here's a list of 50+ lab-grown and plant-based fish companies.

🚚 The food delivery business is softening according to Grab. Customers are more likely to order groceries and cook at home. As a result, Grab lowered its revenue forecast of the year. Grab will decrease promotions, close down unprofitable dark stores and free hiring.  - Convenience

📻 Podcast: Navigating the world of patents as a Foodtech startup. Anas Alfarra, an IP manager for a large industrial equipment maker and advisor to startups on IP management, discusses how to analyze patent strategies of large companies like Amazon, the process of applying for a patent and more. - The Spoon

Latest foodtech deals

Select deals from last week:

🇰🇷 Tridge, a Korean B2B marketplaces for food and agriculture, became a unicorn with $2.7B valuation following a $37M Series D round.

🇦🇺 Lumachain, an Australian blockchain-based food supply-chain company, raised $28M from Bessemer Venture Partners. The company uses machine learning and connected devices to improves safety, quality and traceability across the food supply chain.

🍔 There are 400+ other startups innovating and developing tech solutions to tackle the food supply chain, 4 of which made the cut on the Top 100 Foodtech startups to watch list.

Other notable foodtech deals from around the globe: 

🇬🇧 London-based TRIP, a direct-to-consumer CBD brand, raised $13M from two angel investors.

🇮🇳 Harvesting, an India-based fintech for farmers, bagged $4M from Social Capital.

🇮🇱 Mermadefoods, an Israeli lab-grown seafood company, secured $3.3M in Seed funding. 

🍤 VC investment in alternative seafood has slowed down. Still, lab-grown seafood startup attracted $1.8 billion this year, or 58x more than plant-based seafood startups.

Read up on all the latest foodtech deals in Dealroom.co

Tip of the week

🏆 Dealroom Signal Top 100

We’ve ranked the top 100 startups to watch over 6 verticals based on our Dealroom Signal: a powerful algorithm helping VCs, Corporates and Governments find the most promising up and coming startups.

Be the first to try out and explore the top 100 startups built by our data-driven algorithm. 👈

Dive in

🗺️ Foodtech investment heatmap

🎓 Foodtech university spinouts

🦄 110+ Foodtech unicorns and $1B+ exits

Ivan Draganov

Senior Innovation Analyst
Dealroom

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