Ag Startup Engine announces two $50,000 investments
Summary
Ag Startup Engine announced today an initial investment in two startups—Mazen Animal Health and Stockguard. “Joel Harris and Ag Startup Engine have provided tremendous support to Mazen in growing our network in the Iowa community and beyond. Stockguard is developing innovative risk management tools to protect US livestock producers from unexpected financial losses. In order to do so, we need to build in lockstep with our customers and the cattle and swine industries,” said Jeff Gillis, co-founder and CEO of Stockguard. With its large network and deep roots in the agriculture, insurance and livestock industries, Ag Startup Engine is connecting us with animal health experts, strategic partners and livestock producers so we can build the right solutions, with and for the industry.” Ag Startup Engine recently announced the closing of its second fund with the goal to accept and invest in 45 agriculture and animal health startups in the next five years.