Approximately 20 times more capital was invested in new agtech ventures in 2021 than 2012, whereas venture capital (VC) investment in the overall market grew approximately 11 times over, according to a Nov. 22, 2022, report from McKinsey & Company. Agtech investment saw a decline toward the end of 2021, with overall VC following suit shortly thereafter, although overall investment levels are still significantly higher than they were 10 years ago.
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