> For the complete documentation index, see [llms.txt](https://agrifi.gitbook.io/agrifi-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://agrifi.gitbook.io/agrifi-docs/agrifi-agf/financing-trends.md).

# FINANCING TRENDS

Funding to farm-focused startups has been on the rise since Monsanto’s acquisition of Climate Corporation, a farm data and analytics platform.

<figure><img src="/files/wTPzoz6EUlAMeQXewWSi" alt=""><figcaption></figcaption></figure>

## CLIMATE CORPORATION VALIDATED THE AGTECH THESIS

Monsanto acquired Climate Corporation for 25-30x its series A valuation – a win for early investors that included NEA, First Round Capital, and Allen & Co.

<figure><img src="/files/0CzzWlYJ3SP4lR9sVDum" alt=""><figcaption></figcaption></figure>

Large agribusiness companies have almost entirely driven exits in the farm-focused agtech space

<figure><img src="/files/vRzalrSwMZP7VHk9wAVb" alt=""><figcaption></figcaption></figure>

## SUPPLIERS ACTIVELY ACQUIRE FARM-FOCUSED STARTUPS

<figure><img src="/files/DSYMuPkKABm6mySlf0W5" alt=""><figcaption></figcaption></figure>