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AgTech Navigator News
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Raising funds in the current climate is ‘not an easy feat’, says Finland-based Nordic Foodtech VC, which has just raised €40 million to invest in early-stage tech companies aiming to radically transform the food system. But food and agtech remain “hugely underfunded” given the scale of the challenge, it tells AgTechNavigator
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Lever VC searches for innovative agtech startups to round out its Fund II roster, as the firm watches the evolving macroeconomic climate for portfolio implications.
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With EU agriculture losing an average of €28 billion annually due to extreme weather, and with projections indicating that losses could exceed €40bn per year by 2050 under current emissions trends, new analysis is calling for more action, including by expanding farm insurance, to reduce the business risks