Description of the portfolio company
Ecto is a US-based company that developed a data analytics platform that helps aqua, poultry, pork and feed operations to become more efficient and sustainable by streamlining processes, collecting and integrating data and providing monitoring tools and predictive insights.
Investment rationale
Many animal producers still rely on outdated systems of records and limited monitoring and data analysis capabilities for their most critical operational processes. Feeding problems due to poor forecasting, lack of process tracking during treatment applications, and slow response rates on disease outbreaks are all examples of preventable issues that have a major impact on animal production. Ecto developed a hardware and software agnostic data platform that digitizes operations, gathers and integrates all data relevant to the farming process, and offers a user friendly digital environment with a diverse set of tools and modules.