Legacy Finance Eyes Agtech, with Wells Fargo

Legacy Finance Eyes Agtech, with Wells Fargo

While early-stage agtech tends to play in the venture world, it pays to check in with how folks sitting in banking think about their role as partners to startups. Traditional lenders can draw on the best part of a century of connection to agriculture, and potentially offer significant options for financing the growth of later-stage companies.

This week we heard from Romie Basra, Senior VP, National Sustainable Tech Practice Leader, and Karol Aure-Flynn, Food and Agribusiness Industries Advisor at Wells Fargo. As investors and lenders in traditional agriculture, as well as to other tech movements that have boomed (and busted) in recent memory, Romie and Karol joined to speak about:

  • Cleantech vs. agtech. How investors in the previous waves of cleantech think about the challenges facing the new generation of startups in ag
  • Financing options for startups. What role a legacy provider of finance like Wells Fargo wants to play for growing agtech companies
  • Scaling in indoor ag. How a bank thinks about the barriers to scale for companies in a space like indoor agriculture
  • Value props to institutional lenders. Why the “unsexy” elements of startup scale matter most to institutional lenders

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Episoder(203)

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The Three Categories of Autonomy in Agriculture, with Andrew Bate, SwarmFarm Robotics

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The Incentives, Barriers, and Willingness to Pay for Carbon Programs in Agriculture, with Emma Fuller, Corteva Agriscience

The Incentives, Barriers, and Willingness to Pay for Carbon Programs in Agriculture, with Emma Fuller, Corteva Agriscience

When it comes to designing carbon programs in agriculture, there is a very real tension between the science and the commercial realities of drawing down carbon at scale. Particularly, the question of ...

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For a traditionally low innovation industry, things are starting to heat up in agricultural insurance.While it remains something of a black box for many people in agriculture, the forces of climate ch...

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Bonus Ep: Ag Insurance 101

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From the Vault: Mark Wootton on Carbon-Neutral Farming at Jigsaw Farms

From the Vault: Mark Wootton on Carbon-Neutral Farming at Jigsaw Farms

Recently the whole team here at Tenacious Ventures had the chance to get out of town and on to the farm. And not just any farm – we visited Jigsaw Farms, home to sheep farmer and long-time friend of t...

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Making Decisions in the Face of Uncertainty, with Hallie Shoffner

Making Decisions in the Face of Uncertainty, with Hallie Shoffner

It isn’t surprising that most farmers have to be expert planners and investors. But getting an inside view into how a farmer plans for the future of their business is a rare opportunity.In this episod...

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Our latest bonus podcast episode is an experiment.Rather than organize the contributions that usually make up an episode, we decided to hit record on one of the conversations that are always happening...

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