Cattle tech spurs North Dakota VC uptick: $16.3M raised in spring quarter

Fargo-based agtech firm 701x accounted for more than 60% of the state’s quarterly VC investment, but regional leaders say broader strategy matters more than totals.

By: Holly Quinn

Outlets: Technical.ly

Published: August 17, 2026

Words: 1,178

Last Updated: 1 month, 4 weeks ago

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One large agtech financing drove an uptick in North Dakota venture investment this spring, boosting the quarterly statewide funding from $3 million in Q1 to $16.3 million in Q2.

The most recent quarter, April to June, included four North Dakota deals, according to the latest PitchBook-National Venture Capital Association Venture Monitor report.

In the first half of 2026, North Dakota recorded $19.3 million across six deals, up 66% from $11.6 million across six …

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