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Precision Livestock Technologies

Precision Livestock is a developer of sensor-based technology and software designed to optimize animal production operations
2019
02-Oct
02-10
Texas, United States
  • AgTech
  • Animal Nutrition
  • Sensors
  • Software

Innovation

Industry Problem

Cattle feeders often rely on periodic visual bunk checks, making feed delivery inconsistent and limiting visibility into intake behaviour and animal-performance risks.

R&D Focus

Computer vision for cattle feeding; automated bunk scoring; feedlot decision support.

Innovative Solution

Solar-powered cameras continuously observe feed bunks and send images and recommendations to a software dashboard so operators can adjust feed delivery using objective, time-stamped data.

Solution Effectiveness

The system provides 24/7 observation and the company states that its solar unit can operate for about four days without sunlight. No independently verified feed-conversion or mortality improvement was located.

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$1.6M

Last Funding Date

3/24/2021

Startup Stage

Early Stage

Lead Investors

Plug and Play Tech Center, Checkmate Capital Group, LP of College Station, MLJ Fund 1

People

Founders

CEO

About

Precision Livestock is a developer of sensor-based technology and software designed to optimize animal production operations

Products

Product

Bunk Management: camera and analytics system for monitoring feed-bunk conditions and supporting feeding decisions.

Star Product

Bunk Management – the only clearly commercialised product on the reviewed site and the core entry point into feedlot operations.

Demo Product or Complete Product?

Commercial product. Bunk Management is marketed for feedyards; Cattle Performance and Health Management modules were shown as coming soon on the reviewed site.

Future Plan

Investment Funding

Closed a US$1 million preferred-equity financing in September 2022 to develop and commercialise its livestock-management technology. No later future round was publicly announced.

M&A and Collabs

Collab

Innova Memphis / Innova Ag Innovation Fund – led a US$1 million preferred-equity financing in 2022.

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