As agrochemical prices skyrocket, so do investments in alternatives

As agrochemical prices skyrocket, so do investments in alternatives

Startups developing biological inputs for crops raised just over $892 million worldwide last year, according to preliminary data from AgFunder.

That's well over double their total funding haul for the previous year - indicating just how much interest in the space has grown.

Please note that this is an upward revision of AgFunder figures first quoted by Reuters earlier this month. The data are adjusted using a model of how they will appear 12 months into the future based on historical trends, to take predicted reporting lags into account. As such, they may differ from earlier published versions of the same data.

Below, AgFunder lists the top 15 biologicals funding deals from 2021, by US dollar amount raised.

AgFunder has included all private ventures working on a variety of biological crop inputs, including:

ˇ       Biofertilizers

ˇ       Biopesticides

ˇ       Biofungicides

ˇ       Biostimulants

ˇ       Other biological controls

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Photo created by DCStudio - www.freepik.com

Source: Ag News

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