SwineTech: $1.5 million in the company’s second round, completed in June. Participating: AgVentures Alliance, Quake Capital and InnovaMemphis. The June round added eight additional full-time jobs to SwineTech, co-founder/CEO Matthew Rooda confirmed, adding that “a majority” of funding came from Iowa and Minnesota.
SwineTech is planning an expansion through North America and into Canada, Rooda told the Business Record, and will be raising another funding round by mid-summer 2019 to bring an additional six to eight staff members to SwineTech in the next 12 months.