Agfunder：2020年東盟農業食品技術初創企業投資報告（英文版）(42頁).pdf

1、20 I N V E S T M E N T R E P O R T 2020 ASEAN AgriFoodTech See our portfolio companies: AgFunder is one of the worlds most active foodtech and agtech VCs. Were rethinking venture capital for the 21stcentury. We were born online, and with our publication AFN weve built a global ecosystem of 80,000+ s

2、ubscribers. This gives us one of the most powerful networks to help build impactful and important companies. Our research reports are our love letter to the industry. AgFunder is a digitally-native venture capital fund Are you a corporate, startup, or investor? Learn how to get engaged We invest in

3、bold, transformational foodtech or that can fulfil their desires to be more health-conscious or environmentally friendly. Hence, investor dollars are flowing towards downstream businesses such as specialist online grocers or food delivery apps that can scratch these itches. In the longer term, wed e

4、xpect to see more investment flow towards upstream categories that likewise aim to serve the growing appetites of middle class consumers. Demand for non-animal derived proteins will require more funding for startups developing cultured, fermented, or plant-based meat substitutes. 3. Serving the smal

5、lholder Despite rapid growth of the regions urbanized middle classes, Southeast Asias agriculture sector is still dominated by low-income smallholders, often in remote rural areas. Some of the most significant upstream and miscellaneous investments last year reflected this fact. These include startu

6、ps that seek to better connect farmers with customers and suppliers, and farmer-focused fintech. 2020 ASEAN AGRI-FOODTECH FUNDING REPORT | AGFUNDER.COM 12 YEAR IN REVIEW Annual Financings | 2014-2020 Upstream + Downstream $83M $136M $85M $151M $318M $423M $350M* 2014201520162017201820192020 * estima

7、te as of June 25, 2020 2020 ASEAN AGRI-FOODTECH FUNDING REPORT | AGFUNDER.COM 13 $26M $1.1M $39M $18M $0.0M $12M $99M $26M $16M $48M $3.5M $17M $32M $68M $9.8M $42M $35M $46M $212M $24M $57M $126M $130M $110M $50M 3 6 6 3 66 12 11 9 14 12 9 17 11 10 8 15 15 13 27 28 23 30 18 24 0 5 1 0 1 5 2 0 2 5 3

8、 0 3 5 $ 0 $ 5 0 $ 1 0 0 $ 1 5 0 $ 2 0 0 $ 2 5 0 2014-Q1 2014-Q2 2014-Q3 2014-Q4 2015-Q1 2015-Q2 2015-Q3 2015-Q4 2016-Q1 2016-Q2 2016-Q3 2016-Q4 2017-Q1 2017-Q2 2017-Q3 2017-Q4 2018-Q1 2018-Q2 2018-Q3 2018-Q4 2019-Q1 2019-Q2 2019-Q3 2019-Q4 2020-Q1 Quarterly Deal Volume and Activity YEAR IN REVIEW #

9、 Deals Financing | $ Millions 2020 ASEAN AGRI-FOODTECH FUNDING REPORT | AGFUNDER.COM 14 By some margin, ASEANs biggest agrifoodtech funding deal of 2019 was Hopu Investments Series D injection into Singapore-based retail tech startup Trax. Malaysian drone software and services provider Aerodyne Grou

10、p banked a Series B from 500 Startups and other investors. Warung Pintar - which means “smart kiosk” in Indonesian - got funding for its prefabricated, tech-enabled roadside stall, designed to help the archipelagos mom and pop stores benefit from fintech and other innovations. Online marketplaces co

11、nnecting merchants with suppliers, or directly to consumers, are also getting investment. These include Telio.vn in Vietnam, and Kedai Sayur, Limakilo, and Ralali in Indonesia. Enterprises serving the regions growing middle class also raised decent rounds, such as digital-first coffee chains Fore Co

12、ffee and Kopi Kenangan. Top 2019 Deals YEAR IN REVIEW $100M $30M $30M $28M $28M $25M $22M $20M $20M $13M $13M $10M $10M $10M $8M $5M $5M $5M $5M $4M Trax Aerodyne Group Fore Coffee Warung Pintar Limakilo Telio.vn RWDC Industries HappyFresh Kopi Kenangan ralali Mobikon Asia Grain Proximity Finance Fo

13、re Coffee Yummy Corp Zeemart Perx Technologies dahmakan Shiok Meats Kedai Sayur Upstream Downstream Up+Down 2020 ASEAN AGRI-FOODTECH FUNDING REPORT | AGFUNDER.COM 15 Deals by Category Image courtesy of NanoLambda 2020 ASEAN AGRI-FOODTECH FUNDING REPORT | AGFUNDER.COM 16 In-Store Retail thus, working

14、 capital becomes another area for innovation. Which deal in 2019 really stood out for you, and why? Aruna raised seed funding from East Ventures and SMDV in October 2019: It opens another perspective on agrifoodtech, through the introduction of shared economy principles to aquaculture and its fair-t

15、rading platform for fishermen and buyers. - Melisa Irene, partner, East Ventures DEALS BY COUNTRY 2020 ASEAN AGRI-FOODTECH FUNDING REPORT | AGFUNDER.COM 41 What is AgriFoodTech? WHAT IS AGRIFOODTECH? Agrifoodtech is the small but growing segment of the startup and venture capital universe thats aimi

16、ng to improve or disrupt the global food and agriculture industry. As with all industries, technology plays a key role in the operation of the agrifood sector a $7.8 trillion industry, responsible for feeding the planet and employing well over 40% of the global population. The pace of innovation has

17、 not kept up with other industries and today, agriculture remains the least digitized of all major industries, according to McKinsey. The industrial agrifood sector of today is also less efficient than other industries, with an increasing number of demands and constraints being placed on it. These p

18、ressures include a growing global population; climate change and global warming; environmental degradation; changing consumer demands; limited natural resources; food waste; consumer health issues and chronic disease. The need for agrifoodtech innovation is greater than ever. This creates many oppor

19、tunities for entrepreneurs and technologists to disrupt the industry and create new efficiencies at various points in the value chain. Broadly speaking, agrifoodtech startups are aiming to solve the following challenges: food waste, CO2 emissions, chemical residues and run-off, drought, labor shorta

20、ges, health and sugar consumption, opaque supply chains, distribution inefficiencies, food safety and traceability, farm efficiency and profitability, and unsustainable meat production. There are many ways to categorize agrifoodtech startups highlighting the complexity of the industry. See page22 for our categorization system, which we developed in consultation with venture capitalists, entrepreneurs, and other industry experts. 2020 ASEAN AGRI-FOODTECH FUNDING REPORT | AGFUNDER.COM 42 Are we missing your data? Dont forget to send it to us! DataAgF or add direct onto C