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Milkalyser

Milkalyser

Milkalyser is an agricultural technology start-­up. Its technology provides an integrated system allowing the inline analysis of progesterone concentration in milk to understand the ovulation cycle of each cow. Milkalyser technology can predict ovulation, allowing for optimal timing of artificial insemination. A typical farm could benefit by a net value of £150 per cow because of this innovation, enhancing productivity and efficiency dramatically.

Milkalyser

FACT FILE

Start date: 2016

Website: Visit website

Location: Exeter

Employees: 8

SETsquared programme: Business Acceleration

SETsquared support received: Pitch training, concept validation, Investment Showcase 2017

Investment raised: £1.4m, which includes £0.7m of private funding and  £0.7m public funding

 

KEY MILESTONES

January 2016

Business launched

June 2017

£500,000 funding received from Mercia Fund Management

December 2017

Presented at SETsquared Investment Showcase

December 2017

Company relocates to Exeter Science Park to add workshop and wet lab facilities

February 2018

Milkalyser officially launches in the UK at Dairy Tech 2018 show

March 2018

Working with 5G RuralFirst as part of the governments Digital Strategy rollout, to bring connectivity to rural communities and enable smart farming

September 2018

Beta testing programme begins.

2018 - 2019

Commercial trials taking place

“Ever since we introduced artificial insemination 50 years ago, cow fertility has been declining. We currently slaughter a lot of cows that are perfectly viable, but we just don’t know if they are fertile. This technology will save hundreds of thousands of cows’ lives a year, and improve farmers’ margins by allowing us to monitor the hormones in milk and target the ideal time for fertilisation. 

“SETsquared is now so well regarded, there’s practically a queue to join up. The opportunities provided by the partnership are invaluable. We were able to have our business concept validated by the right people and given the opportunity to explore potential funding with a large and wide-ranging group of investors via the Investment Showcase. Whilst we were there I was actually approached before I had even presented by one investor wanting exclusive access. This enabled me to get a lot of other investors interested.”

“It is with thanks to the SETsquared partnership that we have discovered and built a strong rapport with our investors.”

“SETsquared are really good identifying new technology companies like ours and promoting them to investors.”

 

Toby Mottram, CEO

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