Annual analysis of the latest food tech and agtech funding trends in the world’s second-largest economy, undertaken by AgFunder and compiled in partnership with Bits x Bites, has found agrifood tech funding in China rose 66 percent year-on-year in 2020 to reach US$6bn
AgFunder reports that despite a drop in general private equity and VC investment of up to 50 percent year-on-year, the agri-food start-up investment in China had a 66 percent increase, almost double the growth the sector experienced globally (up 34.5 percent).