Where do VCs get the money from? Is the power-law dead for farm tech funding? What is a $100 million chicken?
This week Kit and Ray are joined by General Partner of Farmhand Ventures and member of the Agricultural Autonomy Institute steering group, Connie Bowen. Connie brings her candid approach and brash insights to bear on the Brash Ag podcast. With a background in engineering and an impressive investment portfolio including L5 automation, Scout, New West Genetics and Nutt Bio, Connie is well placed to talk to the co-hosts through the fascinating world of venture capital investing. Connie gives her thoughts on why Agtech investors should be more focused on Cows and chickens than unicorns and how start-up giants like Monarch Tractors can fail and why their failure is all part of the venture game.
Connie also gives her take on the UK agtech start-up scene and the part played by Innovate UK in innovation and start-up support in the UK. She even shares a few comments on Small Robot Company and its valuation history…