The privatization of agricultural research and extension establishments worldwide has led to the development of a market for services designed to support agricultural innovation. However, due to market and systemic failures, both supply side and demand side parties in this market have experienced constraints in effecting transactions and establishing the necessary relationships to engage in demand-driven innovation processes.
AgriFoodTech start-ups are coming to be seen as relevant players in the debate around and reality of the transformation of food systems, especially in view of emerging or already-established novel technologies (such as Artificial Intelligence, Sensors, Precision Fermentation, Robotics, Nanotechnologies, Genomics) that constitute Agriculture 4.0 and Food 4.0. However, so far, there have only been limited studies of this phenomena, which are scattered across disciplines, with no comprehensive overview of the state of the art and outlook for future research.