Three Questions For An AgTech Investor
Alex Knapp for Forbes: Agricultural technology is a growing field (no pun intended), one that's increasingly attracting both venture capital and startups. But what attracts investors to this sector? And what should AgTech startups know about talking to potential investors? At the Forbes AgTech Summit, we caught up with venture capitalist Arama Kukutai, a partner at Finistere Ventures, and talked to him about venture capital in AgTech. What follows is a condensed and edited version of our conversation.
What attracts you to the AgTech sector? Why are you interested in putting your money behind this kind of technology?
I'm from a seven generation farming family. So I grew up in farming. But from an investment standpoint, it's one of the areas that's really received the least amount of innovation, attention, and focus from the venture community. Investing $50 billion, $60 billion a year in new technology, and a very small piece of that was going to agriculture. Over the last ten years, we've really seen that area explode. So, we're one of the funds focusing on the space. Full Article:
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