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Press Release – Rabobank Vence , the leading supplier of virtual fencing and herd management solutions for sustainable animal protein production, has raised $NZ16 million /$US12 million. The funding will help Vence scale the delivery of its platform in its entry markets – … Vence, the leading supplier of virtual fencing and herd management solutions for sustainable animal protein production, has raised $NZ16 million /$US12 million. The funding will help Vence scale the delivery of its platform in its entry markets – the US and Australia. The company is building tools which enable precision livestock farming and are driving the adoption of regenerative practices while improving profitability for the farmers. ....
Friday, 14 May 2021, 8:52 am Vence, the leading supplier of virtual fencing and herd management solutions for sustainable animal protein production, has raised $NZ16 million /$US12 million. The funding will help Vence scale the delivery of its platform in its entry markets - the US and Australia. The company is building tools which enable precision livestock farming and are driving the adoption of regenerative practices while improving profitability for the farmers. Vence was founded in 2016 after Kiwi Jasper Holdsworth, whose family has run a livestock farm near Gisborne for over 100 years, identified an opportunity. Reviewing the cost structure on the farm he ....
Share it This is the first article in a four-part weekly series that looks at how food and beverages companies fared during the pandemic. The second part, also published today, features charts comparing several publicly traded food companies pandemic-period sales to those a year prior. Next week, Food Dive looks at the companies that did not follow the same growth pattern as most. While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up 12% in 2020, according to Stacey Haas, a partner at McKinsey & Company. A Food Dive analysis of earnings reports from publicly traded food companies in the U.S. showed sales growth in a single quarter up as much as 38% over the same quarter in 2019. ....