The agricultural industry has undergone a tectonic shift in last decade owing to the rampant adoption of technologies. The use of temperature and moisture sensors, robots, drones, and GPS technology is resulting in increased crop yield, improved worker safety, and reduced impact on natural ecosystem. These technologies are also playing a key role in improving food security and preserving nutritional value of the newly produced food. As a result, farmers are becoming more reliant on technology to extract vital information about their farms, the weather, and much more.
As the agricultural sector contributes to the rural economy of any nation, its modernization will lead to an increase in employment and prosperity. With agricultural transformation, traditional methods will no longer be enough as new organized techniques will replace them, enabling better output. The improved techniques for planting and growing crops will help farmers manage cost and work with high efficiency.
Besides, the technological advancements are addressing issues such as labor shortage, supply chain gaps, data shortage, and spoilage of farm products. Agtech startups are using artificial intelligence to provide solutions to address the evolving operational challenges. The introduction of farm automation is aimed at democratizing advanced capabilities in the form of autonomous tractors, robotic harvesters, automatic watering, and seeding robots. Thus, farm automation unburdens farmers by eliminating the need to spend resources on mundane tasks in the agriculture industry.
As more farmers, regulatory agencies, and local governments accelerate their adoption of new-age technologies, the agriculture industry is moving toward precision agriculture, where farmers can control every variable of crop farming such as moisture level, pest stress, soil stress and more. Such changes will increase the yield, encouraging farmers to take more challenging initiatives with confidence.
In this edition of StartupCity, we introduce 15 promising startups that are making waves in the AgTech space. We hope you will be able to find the right AgTech partner from the companies mentioned in the list.
We bring to you StartupCity’s 15 Most Promising AgTech Startups – 2020.
