Rapid Animal Testing Tech Startup Secures €2.7m Funding for Expansion
An innovative Irish startup, Micron Agritech, has recently announced securing €2.7m in funding to expand its groundbreaking animal health testing technology across the Irish and UK markets. Micron Agritech, which was named the best start-up at last year's Innovation Arena Awards, specializes in developing mobile-based testing kits that allow veterinarians to conduct on-site testing on animals, delivering rapid results using smartphones.
Is your Wi-Fi speed being murdered? The common mistake all BT broadband users must check todayMicron Agritech's latest development, the Rapid Liver Fluke Test, utilizes artificial intelligence (AI) technology to test livestock for liver fluke. With this easy-to-use app, farmers can receive accurate results within minutes, helping them tackle liver fluke infections effectively. This is particularly significant as liver fluke infections can lead to high treatment expenses, yield reduction, and animal welfare concerns.
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CEO Daniel Izquierdo is determined to make Micron Agritech's platform accessible to veterinarians worldwide, with a primary focus on the Irish and UK markets. By providing veterinarians and farmers with efficient tools to monitor animal health, combat medication resistance, and enhance productivity, Micron Agritech aims to revolutionize animal testing practices.
Phones LTD Offers Samsung S23 Ultra EE Deals with Complimentary Galaxy Watch5Notably, Micron Agritech's innovative solutions have garnered significant recognition and support. The startup was awarded the best start-up title at Enterprise Ireland's Innovation Arena Awards in 2022 and was selected to be part of this year's Dogpatch 2050 cohort. Additionally, Micron Agritech was one of the winners at a Welsh hackathon centered around agritech in 2021 and secured €500,000 in seed funding from esteemed organizations such as Bimeda, The Yield Lab Europe, and Enterprise Ireland in 2020.
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The recent funding round, co-led by ACT VC, Atlantic Bridge, and The Yield Lab Europe, further reinforces Micron Agritech's potential for growth and global impact. The company's commitment to addressing the overuse of anti-parasitic medication aligns with the increasing demand for sustainable and efficient animal health solutions.
With the additional funding, Micron Agritech is well-positioned to accelerate its expansion plans, drive innovation in animal health testing, and make a positive difference in addressing crucial environmental and economic challenges.
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