The most active investors in agtechIf the booming industry maintains

its upward trajectory, these

savvy investors will likely see

favorable returns.

*As of 6/30/2017; projected capital invested based on

current pace

Capital invested ($M) Deals closed

0

$200

$400

$600

$800

$1000

20112010 2012 2013 2014 2015 2016 2017*

30

0

60

90

150

120

$159M

$386M

$439M$401M

$557M $560M

$832M

$521M

Discover more industry trends with the PitchBook Platform,

the most comprehensive VC, PE and M&A database.

Request a free trial

*1/1/2010-6/30/2017

Angel/Seed

Investor Deals

Sacramento Angels 5

Y Combinator 5

Keiretsu Forum 4

500 Startups 3

BioGenerator 3

Frontier Angels 3

Early stage

Investor Deals

Khosla Ventures 10

Middleland Capital 9

GV 8

Monsanto Growth

Ventures8

VC activity ($M) by region

Top states by capital invested ($M)

2

10

4

73

5

6

8

9

1

*As of 6/30/2017

*1/1/2010–6/30/2017

20112010 2012 2013 2014 2015 2016 2017*

0

$200

$400

$600

$800

$1000

West Coast

Mid-Atlantic

Midwest

Mountain

South

Southeast

Great Lakes

New England

*Post-money valuations

Late stage

Investor Deals

GV 7

Kleiner Perkins

Caufield & Byers7

Cultivian Sandbox

Ventures6

BP Ventures 5

New Enterprise

Associates5

Investor Deals

S2G Ventures 5

TPG Biotech 5

Union Grove

Venture Partners5

WP Global Partners 5

Beyond Meat

Creator of protein-based food

products made without

using meat.

Ethan Brown

Founder, president

& CEO

MachineryLink

Provider of a rental platform

for agricultural equipment.

$148M

Ronald LeMay

Chairman & CEO

Apeel Sciences

Developer of products made

from natural plant extracts

that help extend the shelf life

of food.

$150M

James Rogers

Founder, science

director & CEO

CiBO Technologies

Provider of a crop science

platform that offers

information about plants, soil

and more.

$140M

David Worn

President & CEO

DATA SOURCED FROM THE PITCHBOOK PLATFORM

US Agtech: A Bright Future Investment in the thriving industry is on track to reach new heights in 2017.

Agtech has exploded…We’re addressing a huge

underserved opportunity to bring investment to one of

the world’s biggest industries. Technology that has been

developed for other industries can be applied to the

multitrillion-dollar ag industry and transform it.

Where Central Valley meets Silicon Valley: California leads the wayIn terms of agtech spend, the

West Coast dramatically outpaces

other regions thanks to one

unsurprising key player: California.

With its tech- and farm-rich

economy, California pulls in more

agtech investment than the rest

of the top 10 states combined.

The cream of the cropA selection of highly valued

agtech companies and a look at

their current valuations.

1 California $2B

2 Massachusetts $341M

3 Colorado $263M

4 Missouri $172M

5 North Carolina $152M

6 New York $110M

7 Illinois $109M

8 Michigan $96M

9 Texas $92M

10 Connecticut $56M

On pace to set a new recordWith capital invested in the first

half of the year reaching two-

thirds of the previous year’s total,

2017 is set to be a banner year

for agtech spend.

Arama Kukutai co-founder and partner at Finistere Ventures

$273M

Plenty

Provider of indoor farming

technology.

$500M(estimated)

$501M

Matt Barnard

Co-founder & CEO

Indigo Agriculture

Developer of microbial technology

meant to increase farm efficiency

and crop yield.

Geoffrey Von Maltzahn

Co-founder & chief

innovation officer