Agriculture Technology Draws Interest from Major Corporates in Funds & Partnerships

With the realization that global food production must increase by 70 percent by 2050 in order to keep up with a global population expected to reach 10 billion, large corporations, entrepreneurs and investors are developing solutions to this major issue.

The acquisition of The Climate Corporation, which provides weather data to farmers, by Monsanto for $930 million at the end of 2013 was a catalyst for more corporate activity in the area of agriculture IT and big data (i.e., the AgTech sector).

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