Best agritech startups to watch in the world
In the heart of innovation lies the agricultural sector, where technology is sowing the seeds of change. As the global population burgeons and climate challenges intensify, the need for sustainable, efficient, and tech-driven solutions in agriculture has never been more critical. Enter the realm of Agritech, a dynamic intersection where agriculture meets cutting-edge technology, giving rise to startups that are revolutionizing the way we grow, harvest, and distribute food.
In this era of digital transformation, Agritech startups have emerged as beacons of hope, bridging the gap between tradition and innovation. Whether you’re an aspiring entrepreneur, a seasoned professional seeking new challenges, or simply someone fascinated by the prospect of feeding the world through technology, the Agritech industry beckons with promising opportunities.
In this blog post, we will embark on a journey to explore some of the best Agritech startups that have not only captured our attention but are poised to shape the future of agriculture. From precision farming and smart irrigation to supply chain optimization and sustainable practices, these startups are cultivating a brighter, more resilient future for the agricultural landscape. So, buckle up as we delve into the world of Agritech and uncover the startups that are sowing the seeds of a sustainable and technologically advanced tomorrow.
What is agritech startup?
An Agritech startup, short for Agricultural Technology startup, is a company that leverages innovative technologies to address challenges and enhance efficiency within the agricultural industry. These startups aim to revolutionize various aspects of agriculture by integrating cutting-edge technologies, data analytics, and automation into traditional farming practices. The goal is to improve productivity, sustainability, and overall performance across the entire agricultural value chain.
1. Agrobit – Agricultural Photogrammetry Redefined:
Hailing from Italy, Agrobit introduces iAgro, a decision support system that employs agricultural photogrammetry. iAgro, accessible through a mobile app, allows farmers to digitally scan and model their crops using nothing more than a smartphone. The app generates 3D models of scanned areas, providing valuable metrics such as height, thickness, canopy volume, leaf area index, and more. This innovative approach empowers farmers with precise information to optimize resource allocation and enhance crop management.
2. YieldX – Pioneering Poultry Biosecurity:
From Israel, YieldX takes biosecurity in poultry farming to the next level. By leveraging sensors, machine learning, and IoT, YieldX provides real-time insights into farm environments. RedMiteSense, a smart sensor developed by YieldX, uses AI for continuous monitoring and early detection of red mites in layer poultry farming. The startup’s platform analyzes data from various sources to alert farm owners about potential threats, enabling proactive measures against disease outbreaks and pest infestations.
3. BugMars – Transforming Insect Farming Surveillance:
In the vast landscapes of Canada, BugMars utilizes artificial intelligence to optimize insect farm management. Their platform, Hexapod, employs 24-hour surveillance through cameras and sensors, eliminating the need for manual checks. Hexapod captures images and continuously tracks temperature, pests, and insect count. By predicting potential issues and providing automated alerts, BugMars not only enhances productivity but also reduces insect mortality, streamlining the insect farming process.
4. Agristry – Precision Agriculture Down Under:
Hailing from Australia, Agristry pioneers precision agriculture through its platform that enables crop mapping via drone imagery analysis and plant indices. The software creates detailed crop health maps, offering insights into plant count, harvest readiness, stress detection, and more. Agristry’s 3D land survey models provide farmers with valuable terrain insights for efficient field management, contributing to sustainable and optimized agricultural practices.
5. RoboCare – Early-stage Plant Disease Detection:
Traveling to Tunisia, we encounter RoboCare, a startup advancing early disease detection in greenhouses. Utilizing hyperspectral imaging and AI, RoboCare’s solutions, Crop-Care and Toma-Care, identify stressed plants before visible signs of pests or diseases. The startup’s digital monitoring system analyzes drone, plane, and satellite imagery, providing customized recommendations for optimal land and crop management. By addressing plant health issues early on, RoboCare helps farmers prevent significant crop damage.
6. Harpe Bio – Sustainable Weed Management in the USA:
Hailing from the United States, Harpe Bio takes a bold step towards sustainable weed management. The startup formulates natural herbicides from plant extracts like menthol and carbon, providing an eco-friendly alternative to synthetic chemical herbicides. These bioherbicides effectively control resistant weeds and contribute to the sustainability of organic farming, ensuring safer food for consumers and a healthier ecosystem.
7. Peptobiotics – Revolutionizing Livestock Antibiotics in Singapore:
In Singapore, Peptobiotics pioneers a synthetic biology alternative to traditional livestock antibiotics. Using a proprietary precision fermentation process, the startup deploys recombinant peptides as replacements for animal antibiotics. This innovation promotes animal welfare, gut health, and growth without the risk of drug resistance. Peptobiotics’ feed additives provide a sustainable solution, aligning with the global need for responsible livestock farming practices.
8. BarnTools – Seamless Barn Monitoring in the USA:
Based in the United States, BarnTools introduces BarnTalk, a self-connecting barn alarm designed for swine and poultry producers. BarnTalk Gateway ensures reliable connectivity without the need for landlines, WiFi, or cell plans. The system, operating with minimal data, features wireless sensors measuring temperature and humidity, providing real-time insights into barn conditions. BarnTools empowers farmers with remote monitoring, timely notifications, and trend analysis, enhancing overall barn management.
9. Farmo – IoT Solutions for Farm Monitoring in Australia:
From the expansive fields of Australia, Farmo offers IoT solutions for farm monitoring, leveraging LoRaWAN and NB-IoT technology. Their products, such as the Water Rat and Electric Fence Sensor, provide real-time monitoring of water levels, ensuring optimal water supply management, and detecting drops in fence voltage to ensure livestock containment. Farmo’s innovations enhance efficiency and sustainability in agriculture by utilizing smart sensors to streamline critical aspects of farm management.
10. Hexafarms – Harvest Tracking for Indoor Farming in Germany:
Hexafarms, a German startup, takes on the challenge of optimizing harvests in greenhouses and vertical indoor farms. Their AgriTech platform, hexaBM, continually measures bio-physical factors affecting plant growth, utilizing machine learning to analyze data and provide insights. By tracking plant growth conditions, stomatal activity, and photosynthetic activity, hexafarms empowers farmers to optimize crop conditions, ensuring efficient resource use and maximizing yields in indoor farming environments.
11. SAM-DIMENSION – AI-powered Weed Detection in Germany:
SAM-DIMENSION, a German startup, simplifies agricultural field surveys with its weed mapping solution. Leveraging computer vision and data science, the startup employs drones to identify weeds early on. The precise geolocation of weed seedlings is linked to a digital map, facilitating accurate herbicide application with a field sprayer. SAM-DIMENSION’s innovative approach improves weed control, enhances machine efficiency, and enables farmers to optimize crop yields while reducing costs.
12. Lumo – Cloud-based Irrigation Automation in the USA:
Lumo, based in the United States, addresses the crucial aspect of water management in agriculture. The startup provides irrigation automation solutions with a wireless, solar-powered smart irrigation valve. This technology includes accurate flow monitoring, water leak detection, and intuitive management software for scheduling irrigation. Lumo’s cloud-managed system enables remote access and monitoring, ensuring water efficiency, reducing costs, and maximizing crop yield.
13. AkoFresh – Post Harvest Storage in Ghana:
AkoFresh, a Ghana-based startup, focuses on mitigating post-harvest losses through its solar-powered cold storage preservation technology. This IoT-enabled, mobile off-grid cold storage extends the shelf life of fruits and vegetables up to 21 days. AkoFresh’s solution, equipped with sensors and a compressor, allows farmers to store produce while finding buyers or middlemen. Beyond reducing spoilage, AkoFresh’s technology contributes to environmental sustainability by minimizing greenhouse gas emissions.
14. Werms – Upcycled Livestock Feed in Singapore:
Werms, based in Singapore, tackles the challenge of sustainable livestock feed by upcycling local food waste. The startup collects pre-consumer waste from wholesale centers and employs proprietary processes to manufacture high-quality animal feed and organic fertilizers. Werms’ product range includes various insect-based feeds that are parasite-free and environmentally friendly. By reducing food waste and improving feed quality, Werms contributes to both environmental conservation and the enhancement of animal nutrition.
15. MOVE ON – Autonomous Tractors in Turkey:
MOVE ON, a Turkish startup, introduces TASAI, an autonomous tractor kit designed to enhance tractor performance in the field. TASAI employs AI to analyze real-time camera images, extracting routes for autonomous tractor operation. This kit enables remote intervention through the cloud, allowing tractors to perform sowing and post-sowing processes autonomously. TASAI optimizes seed and fertilizer usage, preventing issues like overlapping and double planting, ultimately saving fuel and time for farmers.
16. Cropway – Sustainable AgTech Supply Chains in India:
Cropway, based in India, offers an integrated AgTech platform that focuses on technology-enabled, sustainability-focused supply chain solutions. Through AI-powered algorithms, the platform provides real-time price forecasting, pest and disease detection, fertilizer calculation, and crop prediction. Farmers can connect with buyers, processors, and output agencies through Cropway’s seller studio, streamlining the selling process. This marketplace and advisory platform empowers agribusiness stakeholders to make informed, data-driven decisions for improved productivity and profitability.
17. Algaenite – Biofertilizers from Nitrogen-fixing Microalgae in Israel:
Algaenite, an Israeli startup, revolutionizes fertilizer production with biofertilizers derived from nitrogen-fixing cyanobacteria. The solar-powered process utilizes automated photo-bioreactors to produce bio-nitrogen fertilizer onsite. Algaenite’s organic fertilizer boasts a negative carbon footprint, providing an eco-friendly alternative to traditional fertilizer production methods. This sustainable approach allows farmers to contribute to environmentally responsible food production.
18. Talpalabs – Weather Condition Monitoring in Italy:
Talpalabs, based in Italy, introduces a meteorological monitoring system consisting of an agricultural sensor, Mole, and a mobile application, Talpa. The sensor utilizes low-power wide area networks (LoRaWAN) for data transmission, measuring temperature, soil humidity, and more. Talpa’s push notifications alert farmers to weather conditions and irrigation requirements, facilitating proactive crop management and preventing potential damage.
19. Nanobubble Agritech – Smart Irrigation System in New Zealand:
Nanobubble Agritech, from New Zealand, harnesses nanobubble technology to develop a smart irrigation system. The startup retrofits existing irrigation systems, infusing supersaturated oxygen levels into irrigation water using a pressurized dissolution technique. This innovative approach enhances plant growth, improves soil structure and health, and maximizes moisture retention in soil, contributing to increased production potential.
20. Ground Truth Agriculture – Grain Supply Chain Management in Canada:
Ground Truth Agriculture, a Canadian startup, addresses the challenges of grain supply chain management. Combining advanced machine vision tools and lab techniques, the platform provides real-time grain quality data. Farmers can make informed decisions on marketing, soil management, and crop production practices, optimizing on-farm value. The platform enhances seed-to-sale traceability, delivers precise location-based insights, and ensures accurate sampling, thereby improving quality management and grain inventory value.
21. ThriveAgric: Nurturing Agricultural Prosperity
In the realm of Agritech startups, ThriveAgric stands out as a beacon of support for smallholder farmers. More than just a financial lifeline, ThriveAgric goes the extra mile by providing these farmers with invaluable best practices crucial for scaling their businesses. The startup’s holistic approach includes facilitating access to local and global markets, placing a strong emphasis on food security. With a staggering 400,000 farmers onboard, ThriveAgric has facilitated the production and trading of over 800,000 grains across 400,000 hectares of cultivated land. Notably, it has also contributed to job creation, alleviating the significant issue of unemployment in Nigeria.
22. Releaf: Pioneering Technological Solutions for Agriculture
Fresh off a $3.3 million pre-Series A funding round, Releaf is making waves as a leading Agritech startup. With a focus on Nigeria, Releaf has developed high-end technology, including the impressive Kraken, to address agricultural challenges in the region. The startup continually refines its technologies, and with the recent funding, it aims to launch innovative products such as Kraken II – a more mobile and affordable palm nut de-sheller. Beyond technology, Releaf provides crucial capital to farmers and food factories, ensuring the seamless operation of day-to-day activities in the agricultural sector.
23. Agricorp: Diversifying Agriculture with Spice and Poultry Production
Agricorp has carved its niche in spice production and exportation, particularly with the cultivation of healthy ginger. Boasting a remarkable 400% capacity growth within just three years, the startup expanded its focus to include poultry production, processing, and distribution. Equipped with a semi-mechanized processing facility in Kaduna, Agricorp processes over 5,000MT of ginger annually. Beyond production, the startup actively supports farmers financially and in various other aspects, contributing to employment opportunities and the overall growth of the agricultural sector.
24. Vendease: Bridging Gaps in the Food Supply Chain
Vendease innovatively tackles supply chain challenges between food businesses and farmers/manufacturers. Using technology, customers can place orders, and the system intelligently assigns the order to the supplier with the best pricing and quality. Offering a one-stop solution, Vendease handles procurement, ensuring timely delivery within 24 hours. The startup goes beyond merely supplying goods; it provides analytics to help users track spending. With a suite of services including logistics, storage, payments, and inventory management, Vendease simplifies the procurement process and enhances overall efficiency.
25. Hello Tractor: Connecting Tractors to Enhance Agricultural Productivity
Hello Tractor operates as a connective platform, linking tractor owners with smallholder farmers. This innovative approach not only provides income to tractor owners but also enhances the efficiency of farming activities, ultimately boosting production yields. The platform facilitates remote tracking and management of tractor fleets, ensuring secure bookings through mobile and web applications. Additionally, Hello Tractor assists users in accessing pay-as-you-go financing, empowering them to grow their own fleet.
26. Farmcrowdy: Maximizing Agricultural Sustainability
With a goal of sustainability, Farmcrowdy plays a vital role in maximizing output and profits in the food value chain. By providing financial support to farmers, Farmcrowdy addresses a significant challenge faced by those in the agricultural sector. The startup’s tech-enabled B2B retail platform, FC Shops, allows small retailers to source inventory at wholesale prices, while FC Foods serves as a comprehensive digital marketplace for trading raw agro-products, inputs, and commodities. Farmcrowdy’s multifaceted approach contributes to a more efficient and sustainable food distribution system.
27. Zowasel: Facilitating Access to Markets and Credit
Zowasel eases the journey for traders to access both local and international markets, offering a blend of technology and accessibility to increase farmers’ productivity and revenue. Leveraging data science and artificial intelligence, Zowasel supports smallholder farmers from seed planting to market reach. In its commitment to providing financial support, the startup has established partnerships with various financial institutions, including VBank and SimpliFi. Collaborations with organizations further facilitate affordable agricultural machinery for smallholder farmers.
28. Afrimash: Digital Marketplace for Agricultural Products
Specializing in the sale of agricultural products, Afrimash operates as a digital marketplace that aims to maximize profitability for farmers. The startup connects farmers to quality inputs, helping them build digital identities for improved access to financial support. Afrimash has strategically partnered with manufacturers, importers, and wholesalers to create a marketplace where farmers can access a wide variety of products. Through secure payment systems, the startup ensures the delivery of ordered items directly to farmers across Nigeria.
In conclusion, the landscape of Agritech is undergoing a remarkable transformation, fueled by innovation, technology, and a commitment to addressing the evolving challenges in agriculture. As we’ve explored some of the standout Agritech startups, it becomes evident that these ventures are not merely changing the game; they are redefining the entire playing field.
As we look ahead, the Agritech sector is poised for continued growth and evolution. The convergence of data science, artificial intelligence, and on-the-ground solutions is not only increasing productivity but also fostering sustainability and inclusivity in agriculture. The commitment of these startups to creating positive impacts, be it through job creation, financial support for farmers, or streamlined supply chains, paints a promising picture for the future of agriculture.
It’s clear that technology is not just a tool in the hands of these startups; it’s a catalyst for change, a force that is reshaping age-old practices and paving the way for a more resilient, efficient, and sustainable agricultural future. As new innovations emerge and the global community recognizes the vital role of agriculture in addressing food security and environmental sustainability, the Agritech sector will undoubtedly continue to be a focal point of transformative change.
In the ever-evolving story of agriculture, these startups are not just players; they are protagonists, shaping a narrative that holds the promise of a more connected, sustainable, and bountiful future for farmers and consumers alike.
What is the growth rate of Agritech?
The growth rate of Agritech can vary based on factors such as technological advancements, investment trends, global agricultural challenges, and market demand. However, it’s important to note that Agritech has been experiencing significant growth in recent years, driven by the increasing adoption of technology in agriculture to enhance efficiency, sustainability, and productivity.