Q1 2022 AgTech Venture Capital Investment and Exit Round Up
After 2021’s record breaking total of AgTech venture capital investments, the first quarter of 2022 saw the amount of money invested in the space slow down, writes Kyle Welborn at CropLife. Last quarter, our analysis of Crunchbase data shows 224 AgTech startups raised a total of $3.88B. This represents a 13% drop in funding and a 1% decrease in deals from Q4 2021. This decrease in total funding is consistent with a broader slowdown across all categories of venture capital investing.
There were 12 startup AgTech exits last quarter. Eleven of these occurred though M&A transactions, and there was one public listing via a merger with a Special Purpose Acquisition Vehicle or SPAC.
AgTech Venture Investments
Below is a breakout of the deals and dollars that flowed to different sectors of AgTech last quarter:
The biggest category decrease in funding last quarter was towards supply chain startups. The average supply chain related startup raised a round of $12.5M last quarter, down from $30M in Q4 2021. This represents a 59% decrease in round size. On average across all over AgTech startups, while the number of companies that raised capital remained about the same, the average round size last quarter decreased from $19.6M in Q4 2021 to $17.3M last quarter.