Livestock tech platform Breedr secures €23 million for global expansion
UK-founded agtech company Breedr has raised €23 million in a Series B round to grow its digital cattle-tracking platform across more markets. Total funding raised to date now stands at nearly €40 million.
Breedr, an agricultural technology company that gives cattle digital records tracking their life from birth to sale, has raised €23 million ($27 million) in a Series B funding round. The round was led by Partech through its impact fund, with participation from Latitude and Outsiders Fund. This brings total funding raised by the company to nearly €40 million, following an earlier €14 million round in 2022.
Founded in London in 2018, Breedr is now headquartered in Texas and operates across the United States, United Kingdom and Australia. Founder and CEO Ian Wheal grew up on a cattle farm in Australia before studying at London Business School.
A digital record for every animal
The platform creates a digital record for each animal, tracking weight, health and family history, updated at each of the three or four farms an animal typically passes through during its lifetime. Rather than being sold at auction, where buyers judge animals by eye, cattle can be traded through Breedr's marketplace using verified data, with reportedly lower fees. The platform also uses AI to help identify the optimal time to sell an animal, and offers a financing option that allows producers to access cash tied up in animals still being raised.
According to the company, more than two million cattle are now tracked on the platform, with close to €428 million in livestock transacted so far this year. Breedr says its system helps cattle reach market weight up to five months sooner than traditional methods, while also cutting methane emissions per animal by an estimated 20 to 30%.
The funding round comes amid a broader wave of 2026 investment in agricultural digitisation technologies, with related European companies from Sweden, the UK, Greece and Lithuania raising a combined approximate €35 million this year in similar sectors.
