Aviwell, a Toulouse, France-based deeptech agrifood startup, raised €9 million in seed funding round co-led by Elaia Partners and MFS Impact Investment Development of Boston, MA.
In addition, Aviwell also announces that it has been awarded highly competitive non-dilutive grants from both the European Innovation Council (EIC) and the Banque Publique d'investissement of France (BPIFrance).
The funds will be used to develop natural and sustainable solutions that improve animal growth and provide food security to the 8 billion people worldwide.
“We are thrilled to welcome our new investors into Aviwell.” said Mouli Ramani, PDG and CEO of Aviwell. “The funds will help us accelerate the development of our revolutionary hybrid AI-based Discovery Platform to identify and commercialize unique insights into animal health, growth, and performance. Ultimately, we intend to develop innovative feed solutions and platform services that significantly improve animal growth and health for the agri-food industry worldwide in a natural and sustainable manner.”
The commercial focus of the company is now on sizable international agri-food markets such as broiler chickens and aquaculture.
Company: Aviwell SAS
Raised: €9.0M
Round: Seed Round
Funding Month: July 2023
Lead Investors: Elaia Partners and MFS
Additional Investors:
Company Website: https://www.aviwell.fr/
Software Category: AI-based Discovery Platform
About the Company: Founded by Mouli Ramani and Rémy Burcelin, Aviwell is a deeptech agrifood startup developing a revolutionary hybrid AI-based Discovery Platform to identify unique insights into animal health, growth, and performance. Aviwell is developing revolutionary feed solutions that significantly improve animal growth and health for the agrifood industry worldwide. Its mission is to develop natural and sustainable solutions to improve animal health to better nourish and provide food security to the 8 billion people on our planet. The company is headquartered in Toulouse, France, and with offices in Boston, USA.
Source: https://www.fox16.com/business/press-releases/ein-presswire/644878913/aviwell-announces-e9m-in-seed-funding-to-accelerate-development-on-its-ai-based-discovery-platform/