Last year, venture capitalist companies invested $51.7 billion in Ag Tech, but what exactly is Ag Tech? Ag Tech is technology-focused agriculture that is meant to increase existing efficiency processes in agriculture and sustainability, which includes everything from aquaculture to new crops/genetics to animal health to the controlled environment agriculture industry.
With dwindling resources, increasing populations, and climate concerns, Robert Colangelo and his new ag-tech company, CEA Technologies Inc., are seeking “to transform agriculture by developing sustainable indoor growing technology that can grow in any climate, free of pesticides using less energy water and soil” with their unique modular, scalable farm that has an inflatable structure, low-cost pest, and thermal barrier.
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