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âThe pandemic accelerated investments into AgTechâ
This weekâs PMA virtual town hall focused on AgTech investing. Vonnie Estes, PMAâs Vice-President of Technology led Ingrid Fung, Investment Director with Finistere Ventures, Jaqueline Heard, Founder and CEO of Enko Chem Inc., and Han Chen, Co-founder and CEO of ZeaKal Inc. in a discussion about what investors are looking for in start-ups, how 2020 went for start-ups and getting funding.
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To start off, Ingrid provided an overview of the AgTech investments over the past years. âFinistere Ventures is an early stage AgTech investment fund, which means we invest into start-ups that have technology in agriculture. Over the last 10 years, AgTech investment has shown incredible growth, going from less than a 100 million invested annually to about 3.2 billion invested over the first three quarters of 2020. A lot of this growth has to do with generalist investors moving into the space and an increased interest f