Breedr

Summary

Breedr, a cattle-tech startup based in Austin, Texas, has raised $27 million in Series B funding led by Partech, with participation from LocalGlobe and Outsiders Fund. The company offers a digital system of record for managing cattle, currently supporting over 2.5 million cattle and collaborating with more than 2,000 ranchers globally. Breedr also operates a cattle marketing group with nearly $500 million in annualized trading volume and runs a financing fund, indicating ownership of some livestock. This funding aims to address high beef prices by stabilizing the beef supply chain and improving efficiency for meatpackers and ranchers.