Partner Arama Kukutai Covered in Ag International

In a recent online feature, Ag International explored the most recent trends affecting Agtech. Arama Kukutai provides additional context on the impact of COVID-19 and other trends from the investor perspective, highlighted below.

What can we expect to see in terms of VC activity in 2020? With the economic realities of Covid-19 starting to bite, it now seems there is little chance of the continuance of a 58 percent yoy growth rate. Kukutai estimates the number of deals could be down by around 25 percent.

“There are still lots of opportunities; many may not be consummated until 2021,” he says. “And there’s a lot we can do remotely. Here’s a moment to lock arms with colleagues and companies, and move the ball down the pitch.”

“There are still lots of opportunities; many may not be consummated until 2021,” he says. “And there’s a lot we can do remotely. Here’s a moment to lock arms with colleagues and companies, and move the ball down the pitch.”

Travel restrictions are one of the bigger barriers. “Would you invest in a company you have never met? This is a high-touch business. So that funding window has to be impacted, but to continue the sporting analogy – it’s just going to take longer to score.”

Additional Finistere Insights

An open letter as Plenty CEO

By Arama Kukutai Dear valued customers, team members and community: Firstly, thank you for welcoming me officially as Plenty’s new CEO! I look forward to this next phase of growth for the company. There is no denying our existing food supply is fragile, strained and unsustainable. Indoor agriculture has long promised a solution to the… Read More ▸

Farm2050: Coalition Names First Five Nutrient Technology Trial Startups

Top Investors and Industry Leaders Validate Promising Soil and Nutrient-Focused Innovations With Global Trials PALO ALTO, CA and Palmerston North, New Zealand – Finistere Ventures  and Innovation Endeavors today revealed the first five companies selected for the Farm2050 Nutrient Technology Trialing Platform, a dual-hemisphere agritech testing and validation platform. The Farm2050 Nutrient Trialing Platform aims… Read More ▸

Hi Fidelity Genetics Announces Study Published in the Proceedings of the National Academy of Sciences

Hi Fidelity Genetics Announces Study Published in the Proceedings of the National Academy of Sciences Peer-Reviewed Journal Details How to Dramatically Reduce Row Crop Emissions and Make Farm Management Practices More Sustainable DURHAM, N.C., June 21, 2021 – Hi Fidelity Genetics (HFG), a computational crop breeding company, announced today the publication of a peer-reviewed article titled, “Novel… Read More ▸