Mounting investor interest in agricultural technology

Carole Zimmer Jul 31, 2019
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Micro greens growing at a vertical farm in Newark, New Jersey. Angela Weiss/AFP/Getty Images

Mounting investor interest in agricultural technology

Carole Zimmer Jul 31, 2019
Micro greens growing at a vertical farm in Newark, New Jersey. Angela Weiss/AFP/Getty Images
HTML EMBED:
COPY

Investors are paying close attention to the rapidly growing sector that is agricultural technology, or ag-tech. As the earth warms and the world’s population grows, more and more companies are growing food indoors in greenhouses and vertical farms. Although demand is increasing, this segment of the agricultural industry faces high costs of both labor, energy costs and equipment, for things like lighting.

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