TrophoSYS GmbH is developing an innovative and sustainable new method for the separation of gametes. bm|t beteiligungsmanagement thüringen gmbh acted as the lead investor and was joined in the investment round by Sparkasse Jena-Saale-Holzland and a private investor.
The company´s innovative new method allows for gender-specific selection of productive animals, which could dramatically improve productivity and enhance food security. Importantly, the innovation is based solely on the physiological differences of the cell surfaces and allows for the gamete separation without any manipulation of genetic material.
The technology could be effective for all mammalian animals, creating a significant opportunity for improvement to the status quo and implying a large market potential. Especially noteworthy is the potential in the pork industry, which is urgently searching for gentle and effective alternatives to the anesthesia-free castration method. TrophoSYS´ solution potentially offers an attractive animal-and-farmer-friendly alternative.
The founder and head of development of TrophoSYS, Dr. Stephan König described the business model as follows: “Modern animal rearing should not focus solely on economic aspects rather it must also consider natural and environmental elements. Our approach unifies economic and ecological aspects in a way that benefits animals, producers, and consumers of animal products.”
“After having internally financed the preliminary development stages, we are delighted to have gained bm|t as a highly-competent and financially strong lead investor for our first external financing round. We are convinced that, together with bm|t and the co-investors, we will successfully reach our goals and thus create an important breakthrough for a sustainable future,” said Martin Reichenbach, CEO and founder of TrophoSYS.
About TrophoSYS GmbH
The Jena company, TrophoSYS, specializes in the development of biotechnologies that improve or potentially displace existing methods. In this scope, the company has developed many solutions focused on the productive animal field, through which it aims to create important improvements in the quality and security of food and human health.
Erfurt-based, bm‑t beteiligungsmanagement Thüringen (bm|t) – a subsidiary of the Thuringia Development Bank, is the first address for investments in Thuringia, Germany. bm‑t currently manages eight investment funds with a total volume of 320M EUR. bm‑t invests in innovative companies with strong growth potential across all sectors and all phases of the corporate lifecycle.