A Global Agtech Leader
- Jul 23, 2023
- 3 min read
Updated: May 12, 2024
In the last 2 articles we talked about Agriculture 4.0 & sustainable agri, going from the broader picture into the specific topics that compose those realms.
Today we'll do a little bit more zoom in, as we'll focus in one the most powerful countries, when talking agriculture & technology, especially due to its small sizes, in area & population.
A country that had to invent itself since birth, specifically due to its unique location, which makes it import dependent & climate change sensitive.
I'm talking about the place I grew in, where I first smelled the citrus fruits at dusk, picked the fresh strawberries in the winter, packed the ripe mangos of the hot summer, and enjoyed every minute.
Israel is a global leader in the field of agtech, with a thriving ecosystem of startups, investors, and research institutions.
Despite internal market failures, that take most of the profit from the farmers, many of them are turning into agtech, either as clients or entrepreneurs.
The country has a long history of innovation in agriculture, and its unique climate and geography have created a perfect environment for the development of new agtech solutions.
I conduct professional Agtech-oriented tours in Israel:
The Israeli Agtech Ecosystem
The Israeli agtech ecosystem is made up of a diverse group of stakeholders, including:
Startups: Israel is home to a large number of agtech startups, many of which have attracted significant investment from venture capital firms. These startups are developing a wide range of technologies, including precision agriculture software, robotic harvesters, and vertical farming systems.
Investors: There is a growing interest in agtech among investors, both in Israel and abroad. This is due to the growing global demand for food, the increasing challenges facing the agricultural industry, and the potential for agtech to address these challenges.
Research institutions: Israeli research institutions are playing a key role in the development of agtech. These institutions are conducting research on a wide range of topics, including crop genetics, water management, and precision agriculture.
The Benefits of the Israeli Agtech Ecosystem Several factors have contributed to the success of the Israeli agtech ecosystem, including:
A strong focus on innovation: Israel has a long history of innovation, since the invention of the first dripper. This culture of innovation is evident in the agtech sector. Israeli startups are constantly developing new technologies to address the challenges facing the agricultural industry.
A supportive government: The Israeli government is supportive of the agtech sector, and it provides several programs and incentives to help startups and businesses grow.
A skilled workforce: Israel has a highly skilled workforce, and this is a major advantage for the agtech sector. Many of the startups in the Israeli agtech ecosystem are founded by engineers, scientists, and other highly skilled professionals.
The Future of the Israeli Agtech Ecosystem The Israeli agtech ecosystem is poised for continued growth in the years to come.
The global demand for food is growing, and the agricultural industry is facing some challenges.
Agtech solutions have the potential to address these challenges, and the Israeli agtech ecosystem is well-positioned to lead the way in this area.
Conclusion Israel is a global leader in the field of agtech, and the country's agtech ecosystem is thriving.
The ecosystem is made up of a diverse group of stakeholders, including startups, investors, and research institutions.
It is well-positioned to continue growing in the years to come, and it is likely to play a major role in the future of food production.
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