InvestorQ : Will the costs and economics justify touch-less operations in agriculture? Are there are any start-ups in that space?
Chandralekha Desai made post

Will the costs and economics justify touch-less operations in agriculture? Are there are any start-ups in that space?

Answer
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Mitali Bhutta answered.
3 months ago


The social distancing in the wake of COVID-19 has give birth to a number of start-ups trying to ride on this opportunity but not all have really been economically viable. For example, Plenty Inc grew crops like arugula, kale and micro-greens are grown in indoor farms run by robots. However, the company is now having second thoughts about the size of the market potential and is wary of committing too much money. It is now trying to reposition its farm produce with the tagline, the person eating the food will be the first to touch it. The pandemic has come as a boon for many of these start-ups. Established names like Pizza Hut are not too far behind. In the case of Pizza Hut, the pizza leaves their 400+ degree oven and slides hands free into the box. The first person to touch the pizza is the user. However, this is easier said than done. However, these robotic systems are complex and need use of high end technology, which may be expensive and may not justify the cost savings or the revenues. The challenges of touch-free are many but surely there are some niche markets opening up for start-ups to explore.