Cynomys

Cynomys

Develops solutions aimed at improving human health, increasing animal welfare and protecting the territory, to ensure productivity efficiency and an increase in quality of life.

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
N/A

€0.0

round
*

€2.1m

Early VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR201820192020202120222023
Revenues000000000000000000000000
% growth-(14 %)384 %75 %208 %71 %
EBITDA000000000000000000000000
% EBITDA margin(688 %)(652 %)(183 %)(48 %)--
Profit000000000000000000000000
% profit margin(713 %)(706 %)(208 %)(76 %)7 %(22 %)
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Company filings or news article

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Cynomys provides Internet of Things (IoT) solutions designed for environmental monitoring within the precision animal husbandry sector. Conceptualized in 2016 and officially founded in Genoa, Italy, in 2017 by Enrico Carta, Ambra Milani, and Fabiana Surace, the company was born from the founders' shared interest in applying sensor technology to environmental stewardship. The team's collective background spans sensor development, environmental analysis, and IT infrastructure management.

The company's core offering is the Cynomys Livestock System (CLS), a patented, modular IoT solution that monitors farm environments in real-time. This system utilizes certified and calibrated sensors to track over 30 environmental parameters, including ammonia, methane, carbon dioxide, fine dust, temperature, and humidity. The product lineup includes various modules for monitoring air, water, and energy consumption, as well as for interfacing with existing farm equipment like lights and fans. Data collected by these plug-and-play devices is centralized on a single platform, providing farmers with actionable insights to enhance animal welfare, increase productivity, and manage resources more efficiently.

Cynomys operates on a recurring annual revenue model, offering licenses that include sensor maintenance, cloud platform access, real-time alerts, and data analysis. The business serves a range of clients across the agri-food industry, including individual farmers, livestock companies, feed and pharmaceutical industries, and veterinarians. By providing precise data, Cynomys helps its customers improve farm efficiency, reduce greenhouse gas emissions, decrease animal mortality, and lower antibiotic use. The company has expanded its operations to 17 countries. To fuel its growth, Cynomys has secured $2.29 million in funding over two rounds, with the latest seed round in March 2024 raising €2.1 million (approximately $2.29M USD) from investors including CDP Venture Capital, Levante Capital, and DSM.

Keywords: precision livestock farming, environmental monitoring, IoT sensors, AgTech, animal welfare, farm management software, air quality monitoring, smart farming, livestock data analysis, methane monitoring, ammonia monitoring, water consumption, sustainable agriculture, Agri-food industry, real-time data, herd management, productivity optimization, resource management, carbon emission control, certified sensors

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