Breedr Raises €23 Million to Scale Its Livestock Data Platform
The UK-founded AgTech firm secured Series B funding led by Partech to onboard more farmers and gather data such as genomics.
AfroEuropa Newsroom
AfroEuropa desk
Breedr, a UK-founded platform that assigns each animal a digital record tracking it from birth through to retail, has raised €23 million ($27 million) in Series B funding, according to EU-Startups.
The round was led by Partech via its impact fund, with participation from Latitude, the growth-stage vehicle of seed investor LocalGlobe, and Outsiders Fund. The new capital brings Breedr's total funding to €39.9 million ($46.6 million). It follows a €14 million raise in 2022.
The company said the funds will be used to bring more ranchers and farmers onto the platform and to capture additional data points, including genomic information.
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