Previous Page  24 / 28 Next Page
Information
Show Menu
Previous Page 24 / 28 Next Page
Page Background

24

AN EYE ON LIVESTOCK

FERTILITY APP

DOMINATION

The sad truth of business, is that it takes

money to make money.

Fortunately for

Verility Inc.

, an ag-tech business

started in 2018 and headquartered in Maxwell, Indiana,

money is being found to help it commercialize its new

livestock fertility analysis program—

Fertile-Eyez

.

Verility is already well-known for its development and

marketing of a technology that assesses livestock

semen and ovulation samples, called Fertile-Eyez,

which recently closed a US$3.5 million Series A round

of funding, that was led by

Mountain Group Partners

of Nashville, Tennessee—an investor dedicated

to guiding transformational businesses in the life

sciences, animal health, and technology sectors—and

a previous investment from

Purdue Foundry

, an

entrepreneurship and commercialization hub whose

professionals help Purdue innovators create start-ups.

Fertile-Eyez is a mobile smartphone livestock sperm

analysis and ovulation detection app. Using image

recognition and AI (artificial intelligence) technology, it

provides a highly accurate visual of animal fertility and

is correlated with current gold standards.

Rather than testing first being done on animals on

behalf of humans, the Fertile-Eyez concept was

licensed from the intellectual property of Brigham

and Women’s Hospital, a non-profit teaching affiliate

of Harvard Medical School, where it was created and

validated in humans.

Verility is lead by co-founder and Chief Executive

Officer

Liane Hart

and co-founder and Technical

Advisor

Hadi Shafiee

Ph.D., who invented the

technology as the Head of the Shafiee Lab and faculty

member at the Engineering and Renal Division of

Medicine and Brigham and Women’s Hospital.

It was at the hospital, where Fertile-Eyez was created

and validated in humans and is now the first true AI

fertility device in the animal health industry.

The technology was created by Shafiee to improve

user experience—it allows sample testing to be done at

home, rather than having to travel to a clinic.

No one is suggesting people are akin to swine, but the

technology was recently confirmed accurate in boars

at Purdue University and has recently been accepted

for publication in the

Translational Animal Science

Journal

.

Improving ovulation detection and improving sperm

analysis are two critical ways to increase production

and the quality of the meat produced.

According to Hart, the animal conception rate

is a known fact of correlation between producer

profitability and food sustainability.

“The Series A funding will allow us to develop our

product for swine producers and breeders in a major

segment of production,” stated Hart, who has earned

a Bachelor of Science degree in animal science and a

Master of Science in breeding and genetics, both from

Purdue University.

PHOTO:

Роман Мельник

– stock.adobe.com