AgriFood Entrepreneurs Weigh in on Corporate vs VC Investor
Corporate venture capital can help agrifood tech startups scale-up and expand to new markets, but can also be difficult to work with, according to agrifood entrepreneurs attending the Seeds & Chips conference in Milan last week.
While corporate investment can bring industry knowledge, technical know-how and distribution channels, some entrepreneurs are wary of taking their money, especially if their objectives do not align.
#iot #severedroughts The sustainable management of water and other precious natural resources is one of the defining challenges of our time and a main concern for farmers and public authorities alike. The demand of those resources grows simultaneously with the population, so it would become scarcer over time. Fortunately, we now have a solution for water conservation, which is especially good news for those farms located in drought-stricken areas, such as Spain. Smart water management technologies using data derived from sensors to monitor fields in real-time can help to mitigate the severity of droughts in the future. Read more here
#africantechstartups #agtech There are seven billion people on the planet and more than one-quarter of them suffer from malnutrition, mostly in South Asia and sub-Saharan Africa. By 2050, the global population is expected to reach 9 billion people and the number of under-nourished children to increase by 25 million. We are now facing one of the biggest challenges of this century – how can we feed all these mouths? Innovative solutions need to be implemented and technology and information sharing can help produce enough food and correctly distribute it around the planet. The African continent has huge potential with 60% of world’s non-cultivated arable lands but still spends $25 billion annually on food imports. Africa could play a major role and take on future food challenges, yet it needs to leapfrog the innovation gap with other continents to produce enough food for its own population and work toward becoming a food exporter. Read more here
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