The capital injection was backed by Renatus Capital Partners and will be used as part of a planned expansion."We are extremely proud of our achievements to date, but there is so much more we can do to help farmers across the world," Fabien Peyaud, CEO and co-founder of Herdwatch.
"We have the ambition, fantastic people on the team, and now the balance sheet to match. This is the start of an exciting new chapter in the Herdwatch story."It digitises livestock farming by cutting out paperwork and helping farmers to make better decisions based on data.It recently launched a new platform for sheep farmers called Flockwatch which is to roll out in the US, Canada, New Zealand and Australia soon.
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