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Kyle Welborn Reports on Agtech Investments and Exits in 2023

For AgTech startups, 2023 was a very challenging year. In fact, it was a challenging year for the ag industry in general. The performance of agriculture stocks was broadly down. The VanEck Agribusiness ETF, which invests in a basket of the publicly traded ag stocks, was down approximately 8% in 2023, while the broader S&P 500 index was up about 23%…