Lachlan Campbell, ProAgni CEO, talk with Mark Ferguson from the neXtgen Agri podcast on “Aussie science and the global cattle industry”. Click here to listen in
Australian ag biotech company ProAgni is a finalist in the inaugural US Beef Alliance Startup Challenge. The ten finalists were announced by the US Beef Alliance today each of which will pitch their efforts in developing sustainable, environmental and positive economic solutions specific to the cattle feeding industry.
The inspiration for ProAgni was guided by digestive efficiencies in the kangaroo. The science behind how Kangaroos efficient convert grass in meat with little to no methane emissions has guided the company product development. The vision is to solve two of the world’s most pressing environmental and medical health issues – emissions from livestock and excessive use and reliance on antibiotics.
“Using radical science, we’ve removed the requirement for non-therapeutic antibiotic use we see in livestock feeds without a cost burden to cattle producers. This product is a simple switch out” explained Lachlan Campbell, Proagni’s CEO and Co-Founder. “commercial trials have also demonstrated significant gain increases compared to industry-standard feeds and all without the use of growth-promoting antibiotics.”
More than 30 international early-stage companies submitted applications with products ranging across hardware, software, and biotech solutions. Applications were received from companies around the world. They were evaluated by executives, nutritionists, and veterinarians from Beef Alliance member cattle feeding companies.
“Beef Alliance members were thrilled with both the diversity, quantity and the quality of startup companies that applied for Startup Challenge,” said Scott Whitefoot, Beef Alliance chairman. “Cattle feeding is complex, diverse and highly challenging, and many of the solutions being developed by these early-stage companies could greatly benefit the cattle feeding industry.”
On March 9, ProAgni will pitch their product directly to major US feed yard decision makers for the opportunity to win a $50,000 USD cash prize and the chance at a pilot with a Beef Alliance member company. The winner will be announced in the weeks following the competition.
“The Beef Alliance Startup Challenge is a one-of-a-kind opportunity to align US producers with international biotechnology start-ups like ProAgni- gain visibility to these cutting-edge technology solutions and to put our antibiotic-reducing cattle nutrition solutions to work” comments Lachlan Campbell
Our win last night, at the National Australian Small Business Champion Awards, is real validation for our cutting edge Ag biotechnology.
“In a conservative industry, I am thrilled that our efforts to commercialise antibiotic-free and methane reducing livestock supplements, has been recognised Australia wide” – Lachlan Campbell CEO ProAgni
ProAgni takes complex science and turns it into products that create significant efficiencies for producers and meaningful social change for the entire agricultural industry.
Inspired by the ‘Fortune 500’, Forward Fooding created FoodTech 500, the world’s first definitive list of the global entrepreneurial talent at the intersection between food, technology, and sustainability. Over 2,000 applications were received from international AgriFoodTech companies (start-ups and scaleup companies) working across the whole food supply chain.
This year’s winners span the globe and represent 60 countries in total. ProAgni are thrilled to be listed at #158, in this year’s ranking. This recognition is a testament to the hard work we’ve done to work towards a brighter future of food. More-https://forwardfooding.com/foodtech500/
Australian biotech company ProAgni has been shortlisted for the 2020 Future Food Asia Award, beating out dozens of other international agtech startups vying for the USD100,000 prize.
Announcing the shortlist, jury member Isabelle Decitre said: “The current state of our world has cast light on the prominent role of agriculture and food innovation, and stakes in the Asia-Pacific are higher than ever. We are glad to broaden the reach of regional agripreuners and influence an even wider community of stakeholders.”
Finalists will present their innovations to the jury as well as investors, industry leaders and domain experts in September, via Zoom instead of in Singapore as originally planned due to coronavirus travel restrictions.
ProAgni was recognised for its ProTect range of cattle and sheep feed supplements that not only maintain animal health but show that significant improvements in daily gain and feed conversion are achievable without the use of antibiotics to promote growth.
ProAgni is also developing probiotics that will significantly improve the efficiency of meat production (using less water and feed), reduce transition times of grass to grain from weeks to days, and potentially cut livestock emissions by mimicking the biology of the kangaroo gut.
ProAgni CEO, Lachlan Campbell said: “Being shortlisted is not only acknowledgement for Australian agricultural science and innovation, it is important recognition of the looming crisis surrounding antimicrobial resistance and agriculture’s contribution to that crisis.
“Up to 80 percent of all antibiotics used around the world are fed to animals and the resulting untreatable ‘superbugs’, which the World Health Organisation describes as an invisible pandemic, are predicted to be a bigger global killer than cancer by 2050.
“We are really proud to be showcasing Australian science on the global innovation stage and playing our part in addressing the most critical health and environmental issues of our time.”
ProAgni is one of just two Australian finalists with others from the United States, China, India, Indonesia, South Korea, Israel and Singapore. The biotech pioneer also won gold for agricultural innovation at this year’s Edison Awards, has been a winner of the Beef Australia Pitch in the Paddock and a finalist in MLA’s Producer Innovation Awards.