VC investment into agtech increased for the second consecutive quarter in Q3 2024, suggesting recovery for the sector after some major low points in 2023 and earlier this year.

According to newly released PitchBook data, agtech saw $1.6 billion invested across 159 deals in Q3 2024, with a 15% increase vs Q2 in deal value. Deal count declined 17.6% from Q2 2024, in keeping with a trend that’s been ongoing since 2022 and suggests “a shift toward larger, more strategic investments in the sector,” according to PitchBook. READ MORE