Agriculture Technology investments surged to a record in 2015 despite a slumping farm economy. A study released last week shows Investments in agriculture technology startups reached $4.6 billion last year, nearly double the $2.36 billion in 2014. Investments in 2015 were also noticeably less American, as just 58 percent of deals were in U.S.-based companies, versus 90 percent in 2014, according to AgFunder. The group says Drones and robotics investments grew by 237 percent from 2014 as more growers are expected to use crop-scouting drones and various autonomous farm machines for data analysis and precision farming.
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