Wexus Featured in Industry Report: Growing a Sustainable Food System

by Wexus | Jan 16, 2019 | In the News, Press Releases

Village Capital features Wexus Technologies in their new industry report, which uses insights from their ag accelerator program to inform trends and innovations that drive sustainable agriculture.

In the face of climate change and the need to feed two billion people globally, Village Capital's new report "Growing a Sustainable Food System" compiles lessons, case studies and trends from the longest-running agriculture accelerator in the US. Read about Wexus Technologies & other startups applying tech to reinvent our approach to food security & sustainability.

Download the report from Village Capital to learn about:
  • Precision agriculture
  • Food waste innovation
  • New options for healthy, plant-based diets

Highlights from the Report:

Investors should look to the Heartland
There’s a disconnect between where investors live and where food is produced. 75% of venture capital investment in the US flows to three urban metro areas: New York City, Boston and San Francisco. We made made a point to seek out startups in agricultural hubs that have been home to food and agriculture innovation for centuries. In the final count, 88% of the companies we interviewed for our accelerator program were incorporated outside these metro areas.
Policymakers should consider ag innovation
As 2019 begins, there is a rare opportunity for Congress to jumpstart agriculture innovation through a “Green New Deal”. Any successful agriculture innovation policy should promote rural broadband and the widespread adoption of precision agriculture.
Silicon Valley-style “disruption” isn’t always the answer
There has been a lot of hype around lab-grown meats, vertical farms, and other top-down ideas to “disrupt” global food systems. But in “real-world industries” like agriculture that impact our everyday lives, “Ask for forgiveness, not permission” may not be the best approach.”

Read more in the full report.