1、Developing Markets AgriFoodTech Investment Report 2025ContentsDeveloping Markets AgriFoodTech Investment Report 2025AgFunderPage 46 Africa in Focus 56 LATAM&Caribbean in Focus 65 Southeast Asia in Focus 70 Middle East in Focus 74 Climate Tech in Focus 79 Investors Analysis 81 AgFunder Category List

2、82 Sources and Methodology 83 Image credits Page 03 Letter From the Authors 04 Our Partners 05 About AgFunder 06 Key Insights 08 VC Predictions for 2025 10 Investment Highlights 16 Top AgFunderNews Articles 2024 17 Supply Chain Trends 25 Category Spotlights 36 India&South Asia in Focus ContentsDevel

3、oping Markets agrifoodtech in 2025AgFunderIntroductionWelcome to our first-ever report focused on agrifoodtech investment in developing markets.It is part of our new approach to research,which will see fewer regional reports each year and more time spent comparing similar agrifoodtech ecosystems wit

4、h one another.For instance,our Asia-Pacific reports have previously included both Australia and Southeast Asia,despite vast differences in these countries challenges and opportunities.(Australias agrifoodtech ecosystem probably has more in common with Canada.)Meanwhile,tech transfer often occurs bet

5、ween developing markets such as India and Africa.As a result,venture capital firms based in developing countries often invest across the Global Southor have aspirations to.Developing markets follow similar trends to one another,from the categories attracting the most funding to the size of the deals

6、 to the diversity of investor types.The biggest takeaway from this report is that investment grew substantially between 2023 and 2024:63%versus a 4%decline in global agrifoodtech.Indian eGrocer Zepto accounted for nearly one-third of total funding.However,excluding that company,investment still incr