Clean Seed continues to be the leading edge of technology development in Precision Agriculture with our award winning seeding and planting technology. Our flagship, the CX-6 SMART Seeder™ brings 11+ all new features to the agricultural equipment marketplace and is being heralded as the “New Benchmark In Precision Seeding”. As we continue to drive our North American SMART Seeder™ commercialization plans through 2018 and beyond, our expansion and significant contribution to the progression of precision agriculture is clear.
Below is an interesting article on the results of Companies making a difference in the agricultural landscape.
How The AgTech Investment Boom Will Create A Wave Of Agriculture Unicorns
Mega funding rounds from companies like Farmers Business Network, Gingko Bioworks, Indigo Ag and Plenty are redefining the agtech investment landscape as we move into 2018. Consistent with the first wave of agtech startups maturing, companies are looking to scale in a sector that has around $3 trillion value at the farm gate, and multiples of that downstream. In turn, a more diverse universe of investors supporting these companies is signaling a sea change in agtech investing. The total investment in 2017 topped $1.5 billion– setting a new record. With indoor farming, disruptive retail, along with genome and microbial tech all vying for the big dollars, there is understandable angst for the “have nots” trying to attract capital to compete with the “have mores.”
Historically, over 95% of agtech exits have occurred via M&A as technologies were incorporated into the established distribution channels and farmer networks. These were commanded by the “Big Six,” retail leaders like CPS, Wilbur Ellis and Winfield, and farm hardware specialists like AgCo, Case NH and John Deere. These established players have been the market makers for exits to date, which was highlighted in 2017 by the Blue River and Granular exits.