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Graze Mate Secures $1.2 Million In Pre Seed Funding Led By Y Combinator To Develop Fully Autonomous Cattle Mustering Drones, Enhancing Ranching Efficiency. announced it raised $1.2 Million in an initial filing from an offering of $157,000

PRIVATEJan 15, 20267 months ago

Amount Raised

$1.2 Million

Round Type

Pre-Seed

SydneyManufacturingFarming

Investors

Meat & Livestock AustraliaNext Gen VenturesAntlerY Combinator

Description

GrazeMate, a startup developing autonomous cattle mustering drones, has raised $1.2 million in pre-seed funding. The funding was led by Y Combinator, with participation from Antler, NextGen Ventures, and Meat & Livestock Australia. The drones utilize proprietary reinforcement learning models to mimic stockmanship techniques. This technology aims to alleviate the labor challenges in the cattle ranching industry.

Company Information

Company

GrazeMate

Location

Sydney, New South Wales, Australia

About

GrazeMate is a startup offering fully autonomous drones for cattle mustering. Founded by 19-year-old Sam Rogers, who grew up on a cattle station in Australia, the company aims to simplify cattle management through innovative technology. Their drones use advanced reinforcement learning models to mimic traditional stockmanship techniques and can operate autonomously via a mobile app. GrazeMate prioritizes making cattle movement easier and more efficient for ranchers.

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