Leiden-based Agtech scaleup In Ovo secures €34M to prevent killing of day-old male chicks
Summary
In an attempt to prevent it, In Ovo has developed a high-throughput screening machine called Ella, which can identify the gender of eggs before they hatch. Ella marks a huge step forward in animal welfare and the sustainability of the poultry industry claims the company. Peter Nieuwenhuizen, Founding Partner ECBF, says, “We are delighted to join the founders and current investors of In Ovo on their journey. Poultry and egg farming is essential for the supply of protein to feed the world, and solving the issue of male chick culling will be transformational for the sector. We believe that In Ovo can be a force for good, not just by eliminating male chick culling but also by introducing additional practices that improve animal health & wellbeing, and increase resource efficiency.” Fred Bos, Managing Director at ABN AMRO, says, “As a financial partner of In Ovo ABN AMRO is delighted to finance this initiative.