Nitza Kardish: “We will see … impressive acquisitions in the agtech sector.”
Israel’s Food Tech Sector Gets a $100 Million Boost
By Matthew Kalman, 30 May 2019 (Karma Network)
Interest in Israel’s food and agritech startups is growing, with more than $800 million invested from 2013 to 2018 and the number of companies mushrooming to more than 700.
The business opportunity for venture investors is already much clearer and we are on the threshold of a period in which we will see more and more impressive acquisitions in the sector, as we have seen in the past year.
Trendlines Group VP Nitza Kardish
Kardish says the group invests in solutions that address challenges in the food chain, introduce automation processes via robotics and artificial intelligence, protein substitutes and sustainable solutions to improve crop yields.
Trendlines’ investments include Phytolon, which produces natural food colorants from yeast; MiRobot which makes automated milking systems; Hargol FoodTech which produces protein from grasshoppers; and AgroScout, which develops autonomous crop protection systems.