GrowUp Farms Acquired By Sun Capital Following Pre-Pack Administration
GrowUp Group Limited has sold its entire shareholding in GrowUp Farms to Sun Capital through a pre-packaged transaction.
The United Kingdom: A Growing Hub for AgTech Innovation
The State of AgTech In The UK
The UK agtech industry is rapidly evolving, driven by advancements in precision agriculture, AI, robotics, vertical farming and smart farming. Government support, including £2.4 billion in funding for environmental land management and productivity grants, is accelerating innovation. UK AgriFoodTech businesses collectively attracted $1.3 billion of investment in 2024, despite a nearly 30% decline compared to 2022.
Despite its growth, challenges remain, including scalability issues, high costs of advanced machinery, and the need for workforce upskilling in AI and robotics. However, with continued investment and innovation, the UK is solidifying its position as a global leader in agtech, shaping the future of sustainable and efficient food production.
Discover all of the UK AgTech companies in our directory & their most recent developments!
Explore AgTech Companies In The UK
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