SomaDetect Raises $6-Million To Help Commercialize Innovative Dairy Health Technology
The Fredericton-based dairy technology company has closed a significant round of Series A venture capital funding — its largest to date.
The Fredericton-based dairy technology company has closed a significant round of Series A venture capital funding — its largest to date.
A Fredericton-based dairy technology company will be reaching more customers across North America with a new partnership with the world’s largest provider of dairy management software.
SomaDetect announced that it’s receiving $3.9 million from Sustainable Development Technology Canada to pilot its technology across North America first, and then globally.
Founded in 2016, the Fredericton-based company has designed and produced an in-line sensor that uses deep learning algorithm and visualization software to measure critical indicators of quality and health in milking cows.
The Halifax event celebrated the efforts of community leaders and supporters who are helping nurture and grow the startup ecosystem in Atlantic Canada.
The New Brunswick startup is one of four Atlantic Canadian companies have been named to the short-list for the 2019 Ernest C. Manning Innovation Awards, which presents cash prizes of up to $100,000 to winners.
CEO Bethany Deshpande says the company will still have its office in Fredericton.
The Fredericton-based AgTech company says the technology can also detect if cows are in heat.
The East Coast Unicorn Speaker Series will kick off on November 10 with an online conversation featuring two key players from local tech giants, Q1 Labs and Radian6, that sold for more than a $1-billion combined.
According to a new report from Entrevestor, 2018 was the most successful year for New Brunswick startups since 2011, when Radian6 and Q1 Labs announced they were exiting with a reported value of more than $1 billion.