5 Agtech Startups to Watch in 2020 | Unboxing Startups

5 Agtech Startups to Watch in 2020

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Overview

As the snow soars across the upper Midwest, the forecast for 2020 is starting to become more apparent. Agtech is making it easier than ever to gather and share data, which is excellent news for farmers and investors. More vigorous data collection and enhanced data transparency can ensure the American farmland is being maintained with love and care, as farmers work to bear healthy soils and deliver strong yields, year after year. We are going to highlight five emerging agtech startups along with their innovative work process, and it will be worth watching in 2020.

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Farming As A Service (FaaS) Will Last To Grow.

Agriculture as a Service (FaaS) is commonly used to refer to subscription and payper-use farming services. While this may be sounding like software engineer jargon, it just relates to custom farming. If you’re a landowner and need someone to perform particular services for you and manage the equipment, you’re engaging in the FaaS ecosystem. And that is not a bad thing at all.

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The Rise Of Data Transparency And Analytics The global agricultural robot market was lately valued at $4.1B. The rise of data transparency and analytics in farming goes beyond improved equipment competences. While agricultural tools get much smarter and data delivery reaches with ease, it’s increasingly common for farmland owners and tenants to sign leases that necessitate data delivery and provide deadlines for that information.

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AgTech Investment Opportunities are Multiplying

The landscape for farmland investors is changing alongside the rest of the modernizing agricultural industry. FarmTogether, a startup aims to help more investors get the benefits of having farmland in their investment portfolios. They’re working to make sure more people understand the number of ways this can be structured.

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Minimizes the Usage of Water

ďƒ˜In a developing nation like Argentina, Brazil, Mexico, and many other countries, where there is no proper irrigation facility, the farmers are highly dependent on rain. Agtech startup mOasis uses proprietary chemistry; it manufactures BountiGel, allowing growers to optimize water usage in agricultural soil. ďƒ˜It has been proven to minimize water usage on a wide variant of crops and transplants, which advances growers yields. BountiGel utilizes a non-toxic, nextgeneration soil additive called Aquamer.

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Rise Of Developing Indoor Gardening Kits

Back to the Roots is one of the most popular agtech startups in America; they are on a mission to reconnect people with food by helping them experience the magic of growing it themselves. It has developed indoor gardening kits such as their Water Garden, Mushroom Grow Kits, Hemp Starter Grow Kit, etc.

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Digital Agtech Drives the Agricultural Startups Forward While farming is considered as the traditional practice, it’s not immune to the power of technological advances. In 2020, farmland owners and farmers will have to find new ways to build trust and credibility within their communities to stay modest. To fulfill this, both groups will need to have the right tools on hand and find the ability to mark an online presence to grow their market and reputation. The agtech startups are evolving to meet these challenges in the year ahead.

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