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by sagaro
1118 days ago
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>Funding has all but dried up. The industry raised a record $895 million in last year’s first quarter. So far in the current quarter, the figure is about $10 million, according to data provider AgFunder. I think a big reason for this significant drop between last quarter of 2022 and first quarter of 2023 is AGI. All the money in the VC world is now flowing towards AI and all other industries are going to take a hit similar to AgTech |
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