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Agtech startups have raised more than $320 million in 2017. That’s three times the amount raised over the same period in 2016.

Memphis-based AgLaunch Accelerator says it’s critical for agriculture to advance and adapt to keep up. With a fresh $50,000 investment, the group intends to put new technologies into farmers hands, faster.

The disconnect between those that are creating new innovations and the farm is dramatically lowering the probability of success for new agricultural ventures, which is in turn giving investors pause and is certainly not accelerating adoption quickly.

Venture capital is beckoning second green revolution

A ‘new agricultural revolution’ is brewing, and farmers are in the center of it.

Investment at record in 2015 and could expand this year, according to a USDA report.

You can sell quite a lot of things on eBay – but you can’t sell corn and soybean bushels. You can sell them on a website called FarmLead, however. The online grain marketplace, which was started in Canada in 2013, hopes to expand significantly in the U.S. this year.

AgLaunch, based in Memphis, Tenn., will be expanding its Farm-Centric Innovation Model to create agriculture businesses, attract investment capital, and enable farmers to participate in the innovation process.

Ten agtech startups will have a superb platform to springboard their innovations via the AgLaunch and Farm Journal Row Crop Challenge.

AgLaunch and the Tennessee Department of Agriculture announce the first seven farmer-led projects connecting farmers with pre-commercial technology