Engender Sold to Farming Co-operative CRV

University of Auckland spinout Engender has been sold to an international co-operative of dairy and beef farmers for an undisclosed sum. Co-founded by Cather Simpson, Engender used laser technology that could separate X- and Y- bearing bull sperm cells, giving farmers unprecedented control over the breeding selection process. The opportunity for an exit arose during capital raising for a Series B, which is great news for all of the early seed investors who will get at least 10x on their investments. Read more about the deal here: https://www.nbr.co.nz/story/kiwi-sperm-selection-start-sold. Some more details about the customers and use cases are also available here: https://www.stuff.co.nz/business/farmng/108810001/crvambreed-buys-game-changing-engender-technologies

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