Agtech, the marriage of agriculture and technology, recently hit headlines with word of AppHarvest’s impending IPO. AppHarvest is an agtech startup that builds high-tech greenhouses with innovations that support water and energy conservation, including what is may be the world’s biggest greenhouse.
The company’s high profile investors include domestic lifestyle entrepreneur Martha Stewart and Hillbilly Elegy author J.D. Vance. Over the summer celebrities Oprah Winfrey and Katy Perry invested in Apeel Sciences a California-based food bio company that produces a coating that extends the life of produce. Earlier this month Syngenta announced its acquisition of the Italian biotech company Valagro.
Could agriculture be seeing the start of a trend or are these indications of a coming of age of agtech?