Kildare agtech firm goes global as it unveils €2m investment
14 December 2018
TERRA NutriTECH, based in Moone, Co Kildare, has announced a €2m investment which will go towards research and development, global expansion plans and the doubling of its workforce by 2021
Brothers Padraig and Tom Hennessy of TERRA NutriTECH who announced a €2M investment, expansion into six countries in 2019 and plans to double their workforce by 2021
Irish Agtech company TERRA NutriTECH, based in Moone, Co Kildare, has announced a €2 million investment which will go towards research and development, global expansion plans and the doubling of its workforce by 2021.
Has 5% penetration within Irish dairy mineral market
Specialising in precision liquid supplementation for livestock delivered through water systems on farms, the family-run company now has a five per cent penetration within the Irish dairy mineral market.
The innovative technologies were developed by brothers Tom and Padraig Hennessy who founded the company in 2012. Farmers are the beneficiaries of their product design with important elements being the accurate delivery of supplements, elimination of waste and labour reduction which leads to improved herd health and higher farm profitability.
The duo are currently in negotiations with leading nutrition and supplement companies in USA, South Africa, New Zealand, Germany and France.
Padraig Hennessey, founder of TERRA NutriTECH, said: “It is fantastic for us to see the opening of our new head office to accommodate our growing team. We now employ 15 staff members, having begun with just four in 2016. We anticipate our team to double by 2021 and look forward to the future and breaking into the global market.”
Remote monitoring and real-time data
The TERRA NutriTECH controller’s intelligent mineral dosing system can be managed using remote monitoring and real-time data which is visible on a smartphone or web app.
Utilising water systems to deliver essential mineral supplements to animals on farms, the technologies being developed are unique.
By increasing herd health and reducing the need for supplementary feed, farmers’ costs are reduced and return on investment per animal is increased. It is expected that the technologies will be available across six countries in early 2019. www.terranutritech.comhttp://www.engineersjournal.ie/2018/12/14/kildare-agtech-firm-goes-global-as-it-unveils-e2m-investment/http://www.engineersjournal.ie/wp-content/uploads/2018/12/a-aaaaabro-1024x683.jpghttp://www.engineersjournal.ie/wp-content/uploads/2018/12/a-aaaaabro-300x300.jpgNewsagriculture,investment,Kildare