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Stock impact report

Why AgTech Needs A Platform Mindset [Forbes]

Ginkgo Bioworks Holdings, Inc. (DNA) 
Company Research Source: Forbes
A platform mindset isn't about adding complexity; it's about designing for longevity, adaptability and scale. By building shared infrastructure, data and scientific expertise, AgTech companies can extend their know-how across multiple applications. As AgTech leaders, shifting from singular solutions to symbiotic product and platform strategies may be one of the most powerful ways to unlock long-term value and meet global agriculture's evolving demands. The Trap Of The One-Hit Wonder Many AgTech companies start with a single solution—solving a problem for one crop, one pest or one geographic region. That's a logical place to begin. But too often, companies remain locked into that initial use case. Startup failure rates are high; up to of venture-backed startups fail to meet investor expectations. AgTech is no exception. In 2022, the industry saw a sharp drop-off in funding, and by 2023, AgTech startups experienced "a year-over-year decline of 30 percent in VC funding." Many earl Show less Read more
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