Agtech is a very broad ecosystem. Core focus of investments will be in Automation, Digitization, IOT, AI, Machine Learning, Traceability and ESG/Carbon.
Koan will invest in early stage (i.e. pre seed or seed) companies valued between $2M and $10M with a realistic potential to get to $1M or more of recurring revenue as they get close to a Series A investment.
Growth stage investments (series A and later) are being invested in by institutional capital at 10-20x revenue. Giving seed investors in the right start-ups a significant valuation bump.