There are a lot of countries that have announced complete lockdowns and obliged their citizens to quarantine, but almost the single universal reason why people everywhere are allowed to leave home — is grocery shopping. As Sanjeev Krishnan, the CIO of S2G Ventures
, says: "We will still need to eat". With all that being said, it some believe that it is a good time for agri-foodtech companies. Adam Anders of Amsterdam-based Anterra Capital describes the agri-food sector as "traditionally resilient in a downturn"
. And Rob Leclerc from AgFunder, who included iFarm in the list of global AgTech-startups of 2019, thinks that those who are involved in agrotech or food production will be less struck by the pandemics than other industries, as they fall into the category of "essential sectors of the economy", and here we may even observe a surge in demand