Cynomys, an innovative startup committed to innovating environmental monitoring for precision animal husbandry, announces that it has closed an investment round of 2.1 million euros. The transaction, led by Farming Future, the National Agrifoodtech Technology Transfer Hub created on the initiative of CDP Venture Capital in collaboration with ToSeed & Partners, marks a fundamental step in the growth of the Genoese company. The participation of important investors such as Dsm-firmenich Venturing and Levante Capital, as well as SVG Ventures and Plus9 with specialized expertise in the sector and international networks. The trust of investors already present in the structure of the Genoese startup is also renewed , including Agrofood BIC, a multi-company open innovation hub created on the initiative of Granarolo, Gellify, Camst, Conserve Italia, Cuniola, Eurovo and Angels 4 Woman. Cynomys, with its patented technology, offers a complete solution for the continuous monitoring of more than 30 environmental parameters, crucial for animal welfare and the sustainability of livestock farms. The company thus emerges as an Italian company dedicated to the development of technologies that connect conscious consumers and sustainable businesses, using big data as a key tool. Thanks to this investment, Cynomys will enhance its existing technology and translate it into tangible improvements in animal welfare, and will also pave the way for new market opportunities, further consolidating its positioning in the field of sustainable farming and technological innovation.
Sustainability
The Company will intensify its commitment to conscious, ethical and sustainable farming practices, a key step for the advancement of the agri-food sector in line with the Sustainable Development Goals of the 2030 Agenda (SGDs). The funds acquired will be used to strengthen environmental monitoring technology and to expand its presence in the global market, where it already has its first customers in more than 17 countries. “This investment allows us to continue to change the world for a better future based on the One Health approach, i.e. a shared holistic vision based on interprofessional and multidisciplinary collaboration that aims to balance and optimize human, animal and ecosystem health in which we are all immersed in a sustainable way,” said Cynomys CEO Enrico Carta in a statement We will take our breakthrough technology to the next level, expanding our presence in the global market, while continuing to make a difference in the livestock industry.” “Cynomys has patented a solution capable of effectively monitoring and analysing more than 30 environmental parameters in real time in extremely hostile places such as farms, where environmental conditions can compromise the stability of the devices, thus being able to act as an enabler to promote the efficiency and sustainability of the livestock supply chain,” says Claudia Pingue, Head of the Technology Transfer Fund at CDP Venture Capital. Accurate monitoring of pollution levels in factory farms is crucial to provide farmers with the tools they need to promote animal welfare and increase their productivity.” (Photo by Jan Kopřiva on Unsplash )
ALL RIGHTS RESERVED ©