VC capital often sways towards investing in technologies with an urban focus. But Silicon Valley investors are starting to home in on rural technology solutions right in their backyard.
Despite being just 60 miles from Silicon Valley, the Monterey Bay region of Central California is often overlooked by venture capital investors focused on tech startups in the San Francisco Bay Area.
But the area is becoming a hub for innovations in agtech, defence tech, marine science and air mobility.
California State University Monterey Bay acts as a centre point for spinning out innovative technologies.
Here is why venture capital investors are starting to take more interest in the region and finding solutions for issues that have both an urban and rural importance in areas such as water and wildfire management.
