Klub invests in animal nutrition brand eFeed, securing funding

Feb 21, 2024•almost 2 years ago

Amount Raised

$10 Million

Round Type

seed

CambridgeBiotechnology Research

Investors

OmnivoreKlub

Description

eFeed has secured Rs 1 crore from revenue-based financing platform Klub. The funding will support capacity building from 50 tons to 500 tons, enabling product scalability across multiple geographies.

Company Information

Company

eFeed

Location

Cambridge, Massachusetts, United States

About

eFeed is a precision animal management & nutrition company that leverages artificial intelligence to build personalized feed recommendations for the animals to improve their yields and reduce methane emissions. eFeed was founded on the thesis that smartphones are the most powerful and cheapest sensors in farmers' hands today thus making data acquisition and reaching a farmer easy. The mission is to mitigate methane emissions in developed economies and enhance milk and meat production yields in emerging economies.

Related People

2 contacts

Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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