1、=1+28.6%4.3=$2.90=15%$4.90+3%$9.10=$1.00=$1.00+$2.30+$1.70$3.001/4.7 1=11.5%For the latest in-depth agtech research,click here.Senior Analyst,Emerging T 1:“December 2024 U.S.eGrocery Sales Climb 19%Versus Year Ago to$9.6 Billion,”Mercatus,Aaron Le Blanc,January 13,2025.About PitchBook Industry and T

2、echnology ResearchIndependent,data-driven,and timely market intelAs the private markets ecosystem continues to grow in complexity and competition,investors need tools and data that can give them an edge.Our Industry and Technology Research provides detailed analysis of established industries and nas

3、cent tech sectors from the perspective of private market dealmaking,helping you stay current on market trends and providing the insights you need to pursue new opportunities with confidence.2025 by PitchBook Data,Inc.All rights reserved.No part of this publication may be reproduced in any form or by

4、 any meansgraphic,electronic,or mechanical,including photocopying,recording,taping,and information storage and retrieval systemswithout the express written permission of PitchBook Data,Inc.Contents are based on information from sources believed to be reliable,but accuracy and completeness cannot be

5、guaranteed.Nothing herein should be construed as any past,current or future recommendation to buy or sell any security or an offer to sell,or a solicitation of an offer to buy any security.This material does not purport to contain all of the information that a prospective investor may wish to consid

6、er and is not to be relied upon as such or used in substitution for the exercise of independent judgment.PitchBook Data,Inc.Nizar Tarhuni Executive Vice President of Research and Market IntelligencePaul Condra Global Head of Private Markets