Agtech start-ups typically spend 15 to 20 months between funding rounds, with levels growing from a median of $3.5 million in the seed round to $65.0 million in series C.
Overall
Alternative proteins
Bio/sustainable materials
Controlled-environment agriculture
Digital and precision agriculture
Sustainable inputs
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C&A Pillar
Selected Pillar Company Measure
All other companies
Median
Source: PitchBook, McKinsey analysis