Australia Leads the Way in Agtech Innovation
Agtech is booming.
In 2017 investment in the sector topped $10 billion and that number has continued to grow as a new generation of start-ups leads the way in solving agriculture’s most pressing problems, writes Jonathan Jackson on FinFeed.com.
It is an opportune time because as McKinsay and Company reports, agriculture is the world’s oldest and least digitally mature industry.
Australia looks to be leading the way in agtech development, so it is no surprise that evokeAG — Australia’s largest international agrifood tech event — is just days away from selling out as leading scientists, researchers, farmers and innovators converge in Melbourne to discuss what future generations will eat and how this food will be produced.
The event has been themed “Food, Farm, Future,” and will feature more than 100 international and national speakers and cover cutting-edge developments across the agricultural spectrum.
AgriFutures Australia Managing Director, John Harvey says the interest and support for evolving technologies within the region is not unsurprising.