1、Asia-PacificAgriFoodTechInvestment Report Contents3 Introduction4 About us5 AgFunder 6 Key insights8 2024 Investment highlights14 2024 Investment trends18 Agrifoodtech categories in-depth23 Investments by geography 29 Investments by stage32 Startups in focus37 Appendix40 ContactASIA-PACIFIC AGRIFOOD

2、TECH INVESTMENT REPORT 202402Asia-Pacificagrifoodtechinvesting in 2024Agrifoodtech funding in Asia Pacific(APAC)has demonstrated a remarkable recovery in 2024.As of the end of October,APAC agrifoodtech startups have raised$4.2 billion in funding,accounting for 31%of global agrifoodtech funding year-

3、to-date.This represents a notable increase from APACs 26%average share of global agrifoodtech funding over the past 10 years.It also represents a 38%increase on the$3.1 billion raised by APAC companies during the same period in 2023.This is seen most noticeably in the sub-region of South Asia(includ

4、ing India,Pakistan and Bangladesh)where investment is up nearly 2.5x from the previous year.In 2024 so far,India has reclaimed its position from China as the best-funded agrifoodtech market,taking close to half of APACs total funding with$2 billion in investment.But this does include over$1 billion

5、for just one late-stage Indian company,eGrocer Zepto.China is in second place with$1.5 billion and 230 deals;while more notably Japan and Singapore rose in the ranks,bumping Indonesia down to fifth place.Unlike previous years which saw a more pronounced investment skew between upstream and downstrea

6、m innovations,funding this year is largely balanced,with both ends of the value chain attracting roughly equal amounts.eGrocery stands out as the top-funded category,thanks in no small part to Zeptos contributionl.Ag Biotech,Midstream Technologies(including deals in the supply chain transformation s