Overview
Munich-based Orbem has raised €55.5 million in a Series B funding round led by Innovation Industries, with participation from Supernova Invest and existing investors. Orbem utilizes AI to industrialize magnetic resonance imaging for non-invasive analysis of biological materials, addressing challenges in agriculture, food production, and health. Their flagship product, Genus Focus, determines the sex of poultry eggs rapidly, offering a humane alternative to culling. The funding will support U.S. expansion and entry into the fruit and vegetable sector.
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Recent Deals
Investors: Innovation Industries, Supernova Invest
Munich-based Orbem has raised €55.5 million in a Series B funding round led by Innovation Industries, with participation from Supernova Invest and existing investors. Orbem utilizes AI to industrialize magnetic resonance imaging for non-invasive analysis of biological materials, addressing challenges in agriculture, food production, and health. Their flagship product, Genus Focus, determines the sex of poultry eggs rapidly, offering a humane alternative to culling. The funding will support U.S. expansion and entry into the fruit and vegetable sector.