Touch the Soil News #959 (Feature photo – Agricultural Robots – CCA SA 3.0 Unported)
The world technology has a revered station in our culture. The word technology sends a sense of respect regardless of the technology or motive. This does not mean some technology is not useful.
News came out today about a company that is pursuing genetically modified fungus to create a replacement for egg proteins. The process would employ large fermentation tanks such as those used for the production of beer or baker’s yeast.
AgFunder, a news portal on all things Ag-Tech, just released a new report this week highlighting early-stage investment into agrifood tech.
- In 2015 there was $8.6 billion in investments into early-stage ag-tech.
- In 2016, there was $7.8 billion in investments into early-stage ag-tech.
- In 2017, there was $10.1 billion in investments into early-stage ag-tech.
It is difficult to get one’s arms around such dramatic and far reaching agri-tech (food and farming altering technologies). Even more difficult to understand the true underlying motives. The key for these billion dollar investors is to see there is no loss of confidence in the food system. We’ll see what the future brings.
You can read the full story on AgFunder (which is interesting) here: