[04 April/AgFunder]

A growing number of start-ups are tackling the portion of the supply chain between farmers and retailers, called “Midstream Technologies” an AgFunder investment reported stated. This includes traceability technologies, environmental sensing technology and robotics for processors. In 2018, the category gained in popularity among venture capital investors with start-ups having a 44 percent increase in funding totals compared to 2017, and 87 percent year-over-year increase in deal activity. It was also reported that Midstream Technologies increased from the third-best funded sector to the second-best funded sector behind Ag Biotechnology. Ag Biotechnology secured $1.5 billion in funding in 2018.