MimicTec

MimicTec

Founded 2016 1 employees Pre-Seed Total: $20.00K Agriculture, AgriTech

MimicTec is an AgTech startup focused on revolutionizing poultry farming to enhance productivity. The company has developed a physical infrastructure product that aims to improve the rearing of chicks on commercial farms, thereby reducing mortality rates and optimizing the feed conversion ratio of chickens. MimicTec's prototypes have undergone successful testing with initial working products in October 2016 and February 2017, and the company is currently in the process of advancing to alpha versions for implementation in collaboration with poultry farmers and engineers. According to early trials, MimicTec's rearing technology demonstrates the potential to improve the feed conversion ratio by 3.87%, increase weight gain variability by 25%, enhance power utilization by 30%, and reduce negative behaviors in chickens. With a foundation laid in 2016, the startup operates within the Agriculture industry and has garnered an Angel Round investment at 31 December 2016 backed by Scale Investors. MimicTec's innovative approach, coupled with promising early results, positions the company as a compelling investment opportunity within the AgTech space, offering the potential for substantial impact and growth within the agricultural technology sector.

Funding Stage	Amount	Investors	Lead Investors	Date
Pre Seed Round	$20.00K	1	Melbourne Accelerator Program (MAP)	17 May 2017
Angel Round	Undisclosed	1	Scale Investors	31 Dec 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Pre Seed Round

$20.00K

Melbourne Accelerator Program (MAP)

17 May 2017

Angel Round

Undisclosed

Scale Investors

31 Dec 2016

FAQ About MimicTec

MimicTec is an AgTech startup looking at improving the productivity of poultry farming. Our physical infrastructure product improves the rearing of chicks on commercial farms to decrease the mortality rate and improve the feed conversion ratio of chickens. MimicTec has developed prototypes, with two...

MimicTec was founded in 2016.

MimicTec operates in Agriculture and AgriTech. Its work centres on AgTech, Poultry farming, Agricultural technology and Livestock technology.

MimicTec has approximately 1 employees.

MimicTec has completed 2 funding rounds, raising a total of $20.00K. The latest funding stage is Pre-Seed.

Top alternatives and competitors to MimicTec include Mawashi Farms Management, Olho do Dono S/A, BirdPreneur, Leigado - Inteligência para Pecuária, ePoultry Africa. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

MimicTec and Mawashi Farms Management are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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