Klub invests in animal nutrition brand eFeed, securing funding
02/21/24, 1:56 PM
Location
Money raised
$10 million
Industry
biotechnology research
Round Type
seed
Investors
Omnivore, Klub
eFeed has secured Rs 1 crore from revenue-based financing platform Klub. The funding will support capacity building from 50 tons to 500 tons, enabling product scalability across multiple geographies.
Company Info
Location
cambridge, massachusetts, united states
Additional Info
eFeed is a precision animal management & nutrition company that leverages artificial intelligence to build personalized feed recommendations for the animals to improve their yields and reduce methane emissions.
eFeed was founded on the thesis that smartphones are the most powerful and cheapest sensors in farmers' hands today thus making data acquisition and reaching a farmer easy. The mission is to mitigate methane emissions in developed economies and enhance milk and meat production yields in emerging economies.