Funding
The Research Triangle Region's
AgTech Funding
Global and local investments allow the region to grow without limits. As of March 2023, the Council for Entrepreneurial Development released the NC Venture Report, which reported that in 2022, scaling companies in North Carolina raised over $4.2 billion. In total, 246 companies raised funds, with 174 securing early-stage deals (under $5 million), and from a global lens, at least 27 foreign-based entities were investing here from 16 countries, with Germany and the UK leading the way.
Additionally, the report noted the attractiveness of the diversity of industry sectors in the Triangle region, particularly the technology and life science sectors being a main attractor of funding. And while a significant amount of funding comes from the West Coast, North Carolina has seen a steady uptick in investment groups relocating to the Triangle region.