Ag-Celerator fund invests in two ag startups, including animal health company
January 14, 2022 by Steve Martin, Purdue University
WEST LAFAYETTE, Ind. – Insignum AgTech and Verility Inc., two companies founded by Purdue University alumni, have received $100,000 each from the Purdue Ag-Celerator, an agriculture innovation fund.
Insignum AgTech creates plants that warn growers of an early-stage infection so that crops can be protected. Founder and CEO Kyle Mohler said the plants turn purple before a pathogen can be identified, providing growers with information to fight disease.
“Investment from Ag-Celerator is a wonderful validation of our progress over the past few years and trust in our trajectory,” Mohler said. “We at Insignum are excited that Purdue Foundry is joining our seed round, which will propel our product development in corn and allow us to begin developing technology for additional crops.”
Verility Inc. is a global animal health platform providing fertility analysis products. Co-founder and CEO Liane Hart said the products enable livestock producers and breeders to accelerate reproductive performance through accurate, simple, cost-effective analysis by predicting ovulation phase and assessing sperm quality at the point of care. | READ MORE
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