Investment in Asia-Pacific agrifoodtech startups broke records in 2021 when it reached $15.2bn, taking investment to over $55 billion in 10 years, and accounting for 30% of global foodtech and agtech funding.
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Investment flows of $5.3 billion in the first half of 2022 indicate a significant slowdown, in line with the global venture capital slowdown. But when China data are removed, agrifoodtech funding to the rest of the region increased 15% year-on-year. Indian agrifoodtech funding could even break records in 2022 with $2.7 billion of investment recorded in the first half of 2022.