Today’s episode is all about corporate investments and acquisitions in agtech. Two guests, Derek Norman (VP at Leaps by Bayer) and Jim Chambers (President and General Manager of the Worldwide Agriculture Business at Trimble) cover different ways startups can engage with corporates, from early stage direct strategic investments, to channel partnerships, to acquisitions.
We also discuss:
what Bayer and Trimble are looking for and tips for startup to get investment- and acquisition-ready
how the M&A environment is changing with consolidation and coronavirus
why we haven’t we seen more successful agtech exits
what spaces are hot (and not), including how Bayer and Trimble are looking at autonomy, e-commerce, biologicals, indoor agriculture, and more
This episode was recorded LIVE at an event we co-hosted with Tim Hammerich, host of the Future of Agriculture podcast. If you're not yet a FoA listener, check out episode 201 featuring AgThentic Partner Matthew Pryor.
What do you think of this format? Do you want more live events, or partnerships with more podcasts? Please reach out!
Want to jump to specific parts of the event?
Tim's interview with Derek: 2:00 to 26:18
Sarah's interview with Jim: 26:18 to 49:48
QnA with both Jim and Derek: 49:48 to end
Resources and Links
Tenacious Ventures Management Pty Ltd (CAR 001275760), Tenacious Ventures Management Partnership, LP (CAR 001298484), Tenacious Ventures Fund II Management Partnership, LP (CAR 001298483), and Tenacious Ventures Fund II Staple Co Pty Ltd (CAR 001298487) are Corporate Authorised Representatives of Sandford Capital Pty Ltd (ABN 82 600 590 887), Australian Financial Services Licence No 461981, and are authorised to provide advisory and dealing in connection with investments to wholesale clients only.