#AgFunder

Investment in Australian agrifood tech remained relatively robust last year – even in the face of a global downturn. Now, local data for 2023 suggests it’s continuing to hold strong. Leading the way are upstream, climate-conscious innovations.

At first glance, AgFunder’s Global AgriFoodTech Investment Report makes for pretty bleak reading, showing a 44 per cent drop in investment in the sector in 2022 compared to 2021. But beyond the headline figures, there’s a more nuanced story to tell – and looking forward, it’s not all bad news.

AgFunder’s Founding Partner Michael Dean capped off Day 2 with exciting news that investment into Australia’s agrifood technology has jumped by 83 per cent. Fresh statistics in AgFunder’s AgriFood Tech Investing Report – 2019 reveal Australia’s total investment is $90.3 million.

Michael is co-founder and head of venture investment at AgFunder. A recognised authority in agrifood tech innovation and investment, Michael is a regular keynote speaker and panelist at agrifood conferences globally.

evoke^AG. 2019 came to a close with a deep dive into the world of agrifood innovation and investment featuring Joseph Zhou (Bits x bites), Emma Weston (AgriDigital), Oded Distel (Tal-Ya Agriculture Solutions), Spencer Maughan (Finistere Ventures), Ian Proudfoot (KPMG) and Meiny Prins (Priva), facilitated by Matthew Pryor (Tenacious Ventures).