Breakthrough Victoria invests $500,000 in Smart Paddock to enhance its revolutionary Bluebell smart ear tag technology for livestock management.
Target Information
Smart Paddock is a Victorian agricultural technology company that has developed the innovative Bluebell smart ear tag for livestock. This groundbreaking solution features a reusable, battery-free design that utilizes a super capacitor to store energy, allowing for extended usage without direct sunlight exposure. The Bluebell tag provides farmers with essential real-time data regarding the health and location of their livestock through mobile and computer applications, making it a valuable tool for modern agriculture.
By implementing this technology, farmers can GPS track their animals, receive alerts for stray or stolen livestock, analyze pasture usage, and monitor the activity levels of key animals. Such capabilities are not only practical but can significantly enhance decision-making processes on the farm, leading to improved livestock management and productivity.
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Industry Overview in Victoria
The agricultural sector in Victoria represents a crucial component of the state's economy, characterized by a diverse range of primary productions including livestock, grains, fruits, and dairy. The development and a
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invested in
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in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $2M
Equity Value: $1M