Cynomys secures €2.1 million funding to enhance its environmental monitoring technology for precision livestock farming, positioning itself for significant growth and sustainability in the agricultural sector.
Information on the Target
Cynomys is an innovative startup based in Genoa, Italy, specializing in environmental monitoring for precision livestock farming. The company has developed patented technology that continuously monitors over 30 environmental parameters, which are vital for animal welfare and the sustainability of livestock operations. Cynomys is recognized as the first Italian entity dedicated to creating technologies that connect conscious consumers with sustainable businesses, utilizing Big Data as a key tool for this purpose.
The recent investment round of €2.1 million marks a significant milestone in Cynomys's growth trajectory, reinforcing its position in the market and highlighting the endorsement from various high-profile investors, including Farming Future, dsm-firmenich Venturing, and Levante Capital.
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Industry Overview in Italy
The precision livestock farming industry in Italy is gaining traction, driven by increasing demand for sustainable agricultural practices and enhanced animal welfare standards. As global awareness around environmental issues rises, farmers are compelled to adopt innov
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Farming Future
invested in
Cynomys
in 2024
in a Seed Stage deal
Disclosed details
Transaction Size: $2M