European Agri-Food Startups Secured $1.6 Billion in 2018

European agri-food startups attracted investments of about $1.6 billion last year—a figure comparable to 2017, according to a report from AgFunder. Funding to startups from the farm to food processing sectors accounted for about $900 million—a huge 200% increase over the prior year, while the retail sectors of grocery, restaurant, food delivery, and home & cooking captured $600 million in investment—a 50% drop from 2017.

“Investors backed a diverse array of upstream st…