Last quarter there were 158 AgTech startups that raised a total of $2B in venture capital. Dollars invested was up 6% from the previous quarter, while the deal volume slipped by 3%. Over 25% of the total money raised in Q2 was in one deal, ICEYE, a Finnish radar-satellite constellation operator that has agricultural products, but is not limited to the ag sector. This activity underscores a sustained period of stability in the AgTech investment sector. Over the last 14 quarters — dating back to Q1 2023 — AgTech funding has remained steady, averaging roughly $1.5 billion across 182 deals per quarter. This consistency marks a distinct normalization of the market, standing in stark contrast to the volatility observed during the 2021–2022 investment cycles…
