Agriculture isn’t sexy to a lot of people, but it’s attracting some investors with an eye for cashing in on new technologies and innovations in the food-production space.
The world will be home to 9.6 billion by 2050, requiring a 70 percent increase in food production, the United Nations reported in late 2013.
Add climate change and an expected shortage of arable land and clean water, and innovation becomes a nearly essential part of the equation. So says Ron Meeusen, managing partner at Cultivian Ventures, a food and agriculture-focused venture capital firm with offices in Chicago and Indianapolis founded in 2006.