Monday, September 16, 2013

AgFunder Launches Sept. 23rd

Modern Farmer predicts it will "Kickstart" Agriculture with the "world's first equity based crowdfunding platform for Ag investment opportunities". Only accredited Investors will be allowed to invest in its AgTech projects, which will be thoroughly evaluated and approved before listing. NY-based AgFunder (www.agfunder.com) launches next week. Numerous AgTech companies and investors have already signed up as beta users .http://beta.agfunder.com. Modern Farmer predicts it will "Kickstart" Agriculture with the "world's first equity based crowdfunding platform for Ag investment opportunities". Only accredited Investors will be allowed to invest in its AgTech projects, which will be thoroughly evaluated and approved before listing. NY-based AgFunder (www.agfunder.com) launches mid-September. Numerous AgTech companies and investors have already signed up as beta users .http://beta.agfunder.com. AgTech Investing is booming. CB Insights recently reported that $100m+ was invested in AgTech last year, a record. CB Insights concluded: "Agriculture Technology companies (Ag Tech) have hauled in as much VC and angel investment ($100M) as more celebrated areas like transportation tech (think Uber, Lyft, RelayRides). AgTech has also pulled in 2/3 of the amount that has gone to (and which may evaporate from) App Discovery Platforms." What's AgFunder's key advantage? How can it tap into this AgTech investment trend? Modern Farmer sums it best: "Although AgFunder’s model is based on the FundersClub (just like Kickstarter), if a project isn’t up to par, it won’t get funded. And that’s an important detail," says CEO/Founder Rob Leclerc.