TIBOT Technologies, the pioneer in poultry robotics, raises €3 Million from Demeter and Seventure Partners
TIBOT Technologies, the pioneer in poultry robotics, confirms it is taking off with a second, 3-million-euro financing. Building on its technological and commercial successes, the company seeks to accelerate its international development.
Based in France and headed by Yanne COURCOUX, TIBOT Technologies designs robots intended to increase the technical and economic performance of poultry operations and to improve the breeder’s working conditions. Since its beginning, the company has been working as close to the field as possible, to take the heavy constraints of the poultry industry into account and to meet animal-welfare expectations while increasing the profitability of poultry operations.
Since it was launched in 2017, TIBOT Technologies has sold its solutions in 15 countries, boasting major players in the trade as its customers along the way. Thus, the company’s turnover, 70% of which is export-derived, has more than doubled between 2017 and 2018.
The €3 Million funding round, led by Demeter and Seventures Partners and completed by its historic investors and banking partners, will allow TIBOT Technologies to accelerate its international development.
More information on the press release: Communiqué –TIBOT Technologies