CattleEye secures £1.8m seed investment led by Techstart Ventures to launch livestock monitoring technology
The seed round was led by Techstart Ventures to bring the firm's autonomous livestock monitoring technology to market.
CattleEye is a Belfast-based livestock monitoring technology company that uses deep learning video analytics to track the health and welfare of ruminant livestock. Its platform is designed to improve dairy cow performance while reducing carbon emissions.
Belfast-based livestock monitoring technology company CattleEye has raised £1.8m in a seed investment round. The funding was led by Techstart Ventures, with participation from Paris-based Seventure Partners and Silicon Valley-backed Turntide Technologies.
The capital will be deployed to bring the firm's autonomous livestock welfare and performance monitoring product to market, aiming to enhance animal welfare and reduce carbon emission intensity in dairy farming.
CattleEye applies deep learning artificial intelligence to video feeds, enabling the detection of locomotion deviations and lameness in dairy cows without requiring physical tags or devices. The technology has undergone academic validation and is currently being utilised by pioneer farms alongside major retailers such as Tesco and Marks & Spencer.
From the founder
"We are really excited to be bringing the very latest in deep learning and artificial intelligence technology to one of oldest industries in world, livestock farming. This recent investment will give us the firepower to increase productivity and animal welfare and decrease the carbon footprint of millions of dairy cows across the globe."
Terry Canning
CEO at CattleEye
Investor perspective
"Our company’s mission is to ‘turn the tide’ on climate change and CattleEye fits that by reducing dairy cow carbon emission intensity using camera technology that requires no hardware or devices to be attached to a cow."
Ryan Morris
CEO, Turntide Technologies
Use of funds
- 01Continue product development
