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📄 The State of AgTech Investment Report is now live! The report explores the evolving AgTech sector in Africa across three key sections: a decade-long analysis of AgTech investments, a look at last year's data to highlight 12 key trends and an outlook for the coming year. 📊 Some key findings: - Similar to other tech sectors in Africa, AgTechs raised the most funding in 2021-2022 before declining in 2023. This shift established a new trend characterised by a higher number of deals but lower funding volumes, with fewer active commercial funders such as corporate and venture capital firms. - In the last 12 months, the top two publicly disclosed ticket sizes for AgTechs were below $100K and more than $1 million. Deals below $100K accounted for 59% of deals in the last twelve months, up from just over a third in the previous period. Meanwhile, the share of deals exceeding $1 million remained steady at around 20%. - In the past decade, AgTech startups offering direct or indirect climate-smart solutions have accounted for 40% of total funding across all AgTech startups. Over the past twelve months, AgTechs offering climate-smart agriculture solutions have attracted 53% of total funding, with most of those products addressing both climate adaptation and mitigation. Download the report to explore more of these insights: https://lnkd.in/gFNb-fyd #AgTech #Investment #Africa #AgBase #AgTech #Investment #Africa #FundingFlows #Agriculture #MarketIntelligence #StateOfAgtechInAfrica2024

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