How to spot opportunities and land funding in agtech - Business Insider

secured in June. "We are degrading soil at a rate that is not sustainable, we are depleting pollinating, beneficial insects that are side casualties to pests we are trying to control at a rate that makes agriculture no longer sustainable."

Zarur's research and development of RNA-based products is just one example of entrepreneurs working to bring scientific and technological advances to farming through what's known as "agtech." Agtech broadly describes the use of technology, particularly software and hardware, to improve productivity and sustainability in agriculture.

The term was largely unknown even as few as five years ago. The industry covers diverse solutions to almost every step in the food production process, from cultivating fields to planting to weed control to harvest.

Costanoa Ventures has about $12 million of its $175 million fund invested in agtech startups, one of which is, a Norwegian company that develops computer vision hardware and AI software for fish farms. It monitors the growth and health of farm-raised seafood so that farmers know exactly how much to feed to eliminate waste, as well as provides data for decision making in all aspects of raising seafood.

On land, sensors and cameras measure soil pH and check soil nutrient content and moisture to precisely time when to use fertilizers, weed, and pest control products. Known as precision farming, this allows farmers to use only what's needed at the optimal time to reduce environmental impacts.

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