AgBoost Secures $500K Investment, Announces Strategic Licensing Deal to Drive Innovation in Agricultural Technology
The $500,000 investment from an Angel investor underscores confidence in AgBoost’s innovative platform and its potential to revolutionize the agricultural sector.
Oklahoma City, OK - April 9, 2025, AgBoost, a leading provider of data-driven solutions for cattle producers, proudly announces the successful closing of a $500,000 investment round and the signing of a strategic licensing agreement with MedIrAlis an animal health company in Australia, These milestones will accelerate AgBoost's mission to empower ranchers with cutting-edge technology to optimize the use of genomic data for breeding, health, market value, and nutrition management.
The $500,000 investment from an Angel investor underscores confidence in AgBoost's innovative platform and its potential to revolutionize the agricultural sector. "We are honored to receive this significant investment, which affirms our vision of combining advanced genomic data and practical tools to transform how cattle producers operate," said Sean Akadiri, CEO of AgBoost. "This funding will allow us to bring new features to our platform, foster collaborations with industry leaders, and help cattle producers make smarter, data-driven decisions for better breeding selection and improved production."
The strategic licensing agreement with MedIrAlis of Australia marks a significant milestone for AgBoost to unlock new opportunities for innovation and market growth beyond North America. AgBoost will be positioned to expand its integrations with other systems and improve its ability to ingest and analyze genetic and phenotypic information from diverse sources. In addition to livestock, AgBoost is also versatile enough to provide actionable insights for companion animals.
AgBoost looks forward to working closely with its investors and partners to create lasting value for the livestock and companion animal communities by providing affordable, user-friendly tools prioritizing producers' needs. The company remains focused on collaborating with its investors and partners to deliver transformative solutions for the industry.
For more information, visit https://www.agboost.ai
About AgBoost
Established in 2013 by engineers and cattle producers as a subsidiary of the animal agtech leader Agric-Bioformatics, Inc., AgBoost pioneers affordable, user-friendly genetic management tools for livestock producers worldwide. Our comprehensive software streamlines the entire process—from ordering tests to interpreting genetic data for actionable insights and creating effective marketing tools for optimal producer outcomes. At AgBoost, our mission is clear: to prioritize producers by empowering them to own and comprehend their genetic data, unlocking maximum growth potential for the future.
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