CattleEye
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 1.1m | 1.1m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Support Program | ||
$2.5m | Seed | ||
£2.0m | Grant | ||
€1.3m | Grant | ||
* | N/A | Acquisition | |
Total Funding | $6.6m |
Recent News about CattleEye
EditCattleEye is a pioneering startup that has developed the world's first autonomous livestock monitoring platform. Founded in January 2019 by Terry Canning, a dairy farmer's son, and Adam Askew, an expert in image analytics, CattleEye leverages advanced technology to enhance livestock management. The company operates in the agricultural technology market, specifically targeting dairy and beef farmers.
CattleEye's platform uses low-cost security cameras to capture video footage of cattle. This footage is then analyzed using deep learning algorithms to monitor the health and productivity of the herd. One of the key features of the platform is its ability to track a cow's body condition score (BCS) every time it passes under the camera. This allows farmers to monitor and adjust feed levels and other parameters in near real-time, leading to significant cost savings and improved animal welfare.
The business model of CattleEye is based on a subscription service. Farmers pay a recurring fee to access the platform and its insights. This model ensures a steady revenue stream for the company while providing continuous value to its clients. By offering a tool that provides evidence of high-level stock management, CattleEye helps farmers secure customer loyalty and enhance their reputation.
CattleEye has been recognized for its innovative approach, winning the British Farming Award for Innovation in 2021 and the KPMG Global Tech Innovator Ireland competition the same year. These accolades highlight the company's impact on the farming industry and its potential for future growth.
In summary, CattleEye serves dairy and beef farmers by providing an autonomous livestock monitoring platform that improves herd health and productivity. The company operates on a subscription-based model, ensuring ongoing revenue and value for its clients.
Keywords: Livestock Monitoring, Autonomous, Dairy Farming, Beef Farming, Deep Learning, Body Condition Score, Cost Savings, Animal Welfare, Subscription Service, Agricultural Technology.