The investment comes from Avrio Capital and Desjardins-Innovatech. Avrio Capital belongs to the Anges Quebec private investment network, while Desjardins-Innovatech is a venture capital company.
“We’re delighted to join forces with Intelia to break into the farm data analysis market,” saidAki Georgacacos, Avrio Capital managing director and co-founder.
According to Georgacacos, Intelia is positioned to lead the agriculture industry towards livestock digitization – the new frontier of precision agriculture.
“Intelia is built on a solid foundation,” said Claude Lafleur, Anges Quebec member and Intelia president. “I’m confident that this new investment will help it rise to a whole new level.”
It’s been a long time coming for Intelia. Since 2013, after shifting their focus to agriculture, the company has been working to revolutionize poultry, hog and dairy farming. Using high performance environmental control, data capture and data processing tools, Intelia has been changing the way Canadian farmers work.
“Our systems use advanced algorithms to help the farmers optimize their operations and keep their livestock healthy,” explained Dominic Désy, CEO of Intelia.
And that’s exactly where the funds from Avrio Capital and Desjardins-Innovatech will be going. By targeting the market of agricultural data analytics, Intelia has the potential to make a huge impact on a global scale.
“It’s a great day for Intelia,” said Désy. “Thanks to this injection of funds and our excellent contacts, the doors to the international markets are open for us.”
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