Targan Secures $35M Series C Financing Led By Mountain Group Partners And Novaquest Capital Management To Commercialize Novel Vaccine Delivery System For Poultry Industry
Amount Raised
$35 Million
Round Type
Series C
MorrisvilleAgriculture and FarmingDescription
TARGAN (formerly Applied LifeSciences & Systems (ALSS)) announced today it has secured $35 million of Series C equity financing. The financing was co-led by Mountain Group Partners and NovaQuest Capital Management. Existing investors Merck Animal Health and Oval Park Capital also participated in the round. TARGAN integrates its proprietary technologies consisting of high-speed imaging, feature recognition, artificial intelligence, robotics, and microfluidics in a system currently developed for the commercial poultry industry
Quick answer
TARGAN raised $35 Million in a Series C round, dated May 25, 2022. TARGAN is based in Morrisville, New York, United States.
- How much did TARGAN raise?
- TARGAN raised $35 Million in a Series C round on May 25, 2022.
- What does TARGAN do?
- Based in Morrisville, NC, TARGAN is a Biotechnology Systems company poised to transform animal protein production industries worldwide by bringing affordable, individualized care technologies to the market.
- Where is TARGAN based and how big is it?
- TARGAN is based in Morrisville, New York, United States. Fundz records about 120 employees.
- Who are the decision-makers at TARGAN?
- Fundz holds 1 contact at TARGAN, including the Director of Technical Sales and BusinessDevelopment for International Markets. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming around the same time
Companies in the same sectors as TARGAN that raised within 45 days of this round, from Fundz verified event records.
- DVM Systems raised $60K on July 5, 2022.
- Rivulis and Phytech raised an undisclosed amount (Funding Round) on July 5, 2022.
- Aquabanq Fish Farms Series 2 raised $270K (Seed) on July 5, 2022.
- Luce Farm Wellness raised $100K (Pre-Seed) on June 28, 2022.
- Cannect Gardens raised $6.4M on June 28, 2022.
- Akorn Technology, Inc. raised $300K (Seed) on June 27, 2022.
Who to call at TARGAN, and when
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- An alert the day TARGAN raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TARGAN, from your own LinkedIn network
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