Tyson Ventures Invests In Athian's Cloud-Based Carbon Credit Marketplace For Livestock Sector
Mar 14, 2023•almost 3 years ago
Investors
Newtrient LlcElanco Animal Health IncorporatedTyson Ventures
Description
Athian (athian.ai), the world's first cloud-based carbon marketplace for the livestock industry, announces a seed investment from Tyson Ventures, the venture capital arm of Tyson Foods, Inc., one of the world's largest food companies and a recognized leader in protein. This latest investment from Tyson Ventures, along with previous investments from Elanco Animal Health Incorporated (NYSE: ELAN) and Newtrient LLC, will fast-track the launch of the first-of-its kind transactional carbon credit inset program for the livestock sector that will provide producers economic incentives for on-farm sustainability practices, while helping improve the sustainability of the food system and reduce climate warming.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers