Targan Secures Funding from Mountain Group Partners and NovaQuest Capital Management to Commercialize Poultry Vaccination and Gender Identification System

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Targan has completed $35M Series C equity financing for the commercialization of its automated & individualized poultry vaccination & gender identification system. The funding was co-led by Merck Animal Health & Oval Park Capital
The system developed by the company for the commercial poultry industry includes high-speed imaging, feature recognition, artificial intelligence, robotics & microfluidics. Targan has also developed a fully automated system to determine the gender of the chicks
This system can accurately vaccinate up to 100,000 chicks/hr against diseases incl. coccidiosis, infectious bronchitis & Newcastle disease

Ref: Businesswire | Image: Targan