Agri-foodtech is the small but growing segment of the startup and venture capital universe that’s aiming to improve or disrupt the global food and agriculture industry. AgFunder coined the term in 2017 to define the innovation taking place across the food supply chain, not just at either end per “agtech” and “foodtech.”

Globally, food and agriculture (agrifood) is a $7.8 trillion industry, responsible for feeding the planet and hiring well over 40% of it. It is also responsible for a large portion of the world’s greenhouse gas emissions; agriculture alone contributes to around one of third of all carbon emissions, without counting the contribution of supply chain processes before it reaches the consumer, such as food processing, transportation, and retail.