The $6-million (U.S.) venture capital financing will be used to accelerate the commercialization of SomaDetect’s in-line sensor for milk quality, reproductive status and herd health.
The financing is led by Ag Capital Canada (ACC), a private equity fund based in Tillsonburg, Ontario. Additional new investment is being provided by Merck Animal Health Ventures, Builders VC and Wilbur Ellis’ Cavallo Ventures.
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