Course Hero Logo

2020-asean-agrifoodtech-investment-report-final.pdf - 2020...

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 1 - 5 out of 42 pages.

’20I N V E S T M E N T R E P O R T2020 ASEANAgriFoodTech
See our portfolio companies:agfunder.com/portfolioAgFunder is one of the world’s most active foodtech and agtech VCs. We’re rethinking venture capital forthe 21stcentury. We were born online, and with our publicationAFNwe’ve built a global ecosystem of80,000+ subscribers. This gives us one of the most powerful networks to help build impactful andimportant companies.Our research reports are our love letter to the industry.AgFunder is a digitally-nativeventure capital fundAre you a corporate, startup, or investor?Learn how to get engagedagfunder.comWe invest in bold, transformationalfoodtech & agtech founders
Aglobalagrifood tech acceleratorwith a focus on impact and sustainabilityGROW isSoutheast Asia’s firstdedicatedagrifood tech accelerator exploring newfrontiers across the whole food valuechain.We support extraordinary foundersdevelopingtransformative technologieswho want to achieveglobal growthandmake a positive impact in the food system.
2020 ASEAN AGRI-FOODTECH FUNDING REPORT|AGFUNDER.COM4INTRODUCTIONASEAN AgriFoodTech in2020It is our pleasure to present you with the AgFunder ASEANAgrifoodtech Investing Report 2020. This is the first reportwe’ve published on the agrifoodtech startup ecosystem inSoutheast Asia - one of the world’s fastest-growingmarkets.ASEAN (the Association of Southeast Asian Nations)comprises 10 countries with a combined population of 661million people and a regional GDP of $9.73 trillion.A growing, urbanized middle class has led to a wideexpansion of choice in terms of dining-out options andfood shopping channels, as well as ways of havingprepared food and groceries delivered to homes andworkplaces.Consumer demand for animal-derived proteins, processedfoods, and fruits and vegetables from around the world ison the up. Innovative solutions such as indoor farming,robotics, and alt-protein are looking increasingly importantfor meeting the region’s nutritional needs.This is reflected in our venture investment data for 2019,which shows a clear preference for downstream, close-to-consumer segments among investors.A total of $423 million was invested into Southeast Asianagrifoodtech startups in 2019, across 99 deals. The largestcategory in terms of both investment volume and numberof transactions was In-Store Restaurant & Retail Tech,closely followed by Online Restaurants & Mealkits andeGrocery.Despite rapid economic development throughout thebloc, agriculture remains a key industry and source ofemployment in most of its member states. ASEAN is aleading exporter of various agri-commodities, includingrice, palm oil, and seafood. Much of the region’sagriculture is undertaken by low-income smallholders withrestricted access to modern technological innovations infarming.

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 42 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
N/A
Tags

Newly uploaded documents

Show More

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture