![picture of an alt-meat burger bouncing off of a trampoline](/sites/default/files/2024-07/Hero%20image%20AMN%207.11.jpg)
Illustration by Lisa M. Keefe
Funding for agri- and food-tech companies globally dropped 12.5% from 2023 levels for the first half of 2024, according to AgFunder, a venture capital and research firm that specializes in the space.
But, according to AgFunder’s data, investments in “innovative food,” a category comprising mostly alternative protein startups, was one of the strongest categories in the first half, with startups…