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Whats needed now to unlock agtech growth | World Economic Forum However, while agtech may be attracting investors and grabbing media headlines, many startups in the space struggle to get beyond the initial investment, largely because adoption rates remain low, especially with regards to sustainability-related technologies, which McKinsey research says has reached only 6% adoption globally
Why the agtech boom isn’t your typical tech disruption The Investment Corporation of Dubai alone just dropped $203 million into agtech investments; another $200 million came from the Japanese holding behemoth SoftBank; and dedicated VC funds are zeroing in on the sector’s potential In 2017, total investment was over $1 5 billion – a new record for the sector, and one that’s setting the stage
How rural entrepreneurs are driving agritech adoption Farm-gate value-creators: Value adding through simple processes like sorting, grading, packing, milling, extraction, pulverisation, dehydration, cooling and freezing can remunerate farmers 30-50% over and above farm gate price
Indias farmers are on the cusp of an Agritech revolution India aspires to be a global food bowl but struggles with 35-50% lower yields against global benchmarks The growth of yields has globally slowed to rates that are too low to sustain the exploding global demand
Agtech can climate-proof the planets harvests | World Economic Forum Fortunately, some of the International Finance Corporation’s partners are at the forefront of innovation when it comes to agtech Take Planet Labs, an innovative geospatial start-up that uses 149 earth-observing satellites to generate a daily stream of high-resolution images of the earth’s surface for farmers to understand crop and soil
To boldly grow: how space agtech shapes farming on Earth Technologies developed for space agtech also have applications that extend beyond agriculture to support larger sustainability initiatives Last year, NASA launched new regenerative life-support hardware, the Environmental Control and Life Support System This technology enables more crew members to live aboard the space station for a longer
Farmers in India are using AI for agriculture | World Economic Forum As much of the global south grapples with the challenges of ensuring food security, mitigating climate change impacts and protecting livelihoods, this Indian agtech initiative shows promising results when using AI for agriculture
New Report Calls for Inclusive Agritech Innovations to Improve Food . . . A new World Economic Forum report released today highlights the emerging technological solutions and strategies that will shape the global agriculture system and contribute to food security Agritech: Shaping Agriculture in Emerging Economies, Today and Tomorrow, published in collaboration with PwC India, gives a macro-level view of the integration of Fourth Industrial Revolution technologies
Agritech: Shaping Agriculture in Emerging Economies Agritech services are reshaping the agriculture and food sector by enabling sustainable farm operations and efficient supply chains This insight report aims to highlight emerging technologies from a macro agriculture system perspective, from farm planning to consumption, to drive the adoption of technology in farming, especially by the most vulnerable smallholder and women farmers
How digital public infrastructure could transform farming | World . . . Digital public infrastructure (DPI) can transform the agriculture technology (AgTech) sector with access to data and safe, trustworthy data-sharing mechanisms In August 2023, the agriculture data exchange (ADeX) launch helped enable responsible data sharing between multiple data providers and consumers alongside the Agriculture Data Management