LIC is an agri-tech and herd improvement co-operative which empowers livestock farmers through the delivery of superior genetics and technology. They have a dedicated commercial team focused on new M&A opportunities that align with the cooperatives innovation-led, dairy focused strategy.
The LIC AgCelerator Fund is a corporate venture fund specifically designed to invest in external start-up companies. The aim of the fund is to help innovators and entrepreneurs kick-start their products and get them launched into market or scale-up faster. The LIC AgCelerator Fund invests for strategic and financial benefits to LIC, and will consider investment in the pre-seed through to Series B stage.
The LIC AgCelerator Fund is tailored for individuals and entities seeking to develop innovations that will deliver value to the dairy industry by:
- Increasing productivity
- Improving animal health
- Providing diagnostic tools
- Improving traceability
- Enabling sustainable practises
- Advancing breeding techniques
- Improve efficiencies on farm to save time
- Leveraging big data to improve farm management.
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