Agrotechnology Startups and Agricultural Innovation: International Trends and Hungarian Specifics
DOI:
https://doi.org/10.32976/stratfuz.2026.3Keywords:
startup, agtech, agriculture, innovation, regional studiesAbstract
The rise of digitalization and artificial intelligence has also led to significant innovations in agriculture, primarily linked to start-up companies. Building on this technological momentum, the study examines agrotechnology companies using data from Crunchbase, Dealroom, and the European Startups databases. Its findings reveal that most agricultural startups valued at over $1 million are located in North America, while Europe lags behind in this area; however, there are several innovative initiatives addressing the region's agricultural challenges. To illustrate regional efforts, the research concludes with a Hungarian case study presenting the NAK Techlab 2019 program as an example of support for domestic agricultural startups.
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