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Home World Regional News Europe

Aviwell raises €9 million to further develop its AI-based discovery platform

Femi Thomas by Femi Thomas
07/22/2023
in Europe
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Aviwell, an AI-based discovery platform for the agri and food sectors, has raised a €9 million Seed round co-led by Elaia Partners and MFS.

It says that the new funding will go towards developing ‘natural and sustainable solutions that improve animal growth and provide food security – at a fraction of today’s cost.

The commercial focus of the company is now on sizable international agri-food markets such as broiler chickens and aquaculture.

Founded by Mouli Ramani and Rémy Burcelin the French-based deep-tech company, said to be ‘operating at the intersection of data and life sciences’ is also the recipient of grants from the European Innovation Council (EIC) and the Banque publique d’investissement of France (BPIFrance).

The Funds will allow the French deep-tech company to focus on sizable international agri-food markets such as broiler chickens and aquaculture

 

Read more on Tech Gist Africa:

France-based DataGalaxy raises  $10M

France-based BeFC Raise €16M

France-based Defthedge raise €900K in its ‘second’ round of funding

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