Reservoir CEO Danny Bernstein states,
"We need more talent in ag, and we're really trying to position the fund to be there for that,"as the company launches a new investment vehicle, Reservoir VC.
The Salinas, California-based agtech incubator and investor unveiled the fund to invest in pre-seed automation, robotics, and precision ag startups, bridging the gap between Silicon Valley deep tech and California's agtech sector.
According to Danny Bernstein, Reservoir Farms is
"a launchpad for pre-seed startups and a landing pad for scale-ups."
Author's summary: Reservoir launches new fund to invest in agtech startups.