Purdue Ag-Celerator program funds fertility innovation
The funding will help finalise the proof-of-concept stageFounded by Purdue University alumni, Verility Inc. is one of two companies to receive $100,000 from the Purdue Ag-Celerator, an agriculture innovation fund.
Verility Inc. is a global animal health platform providing fertility analysis products. Co-founder and CEO Liane Hart said the products enable livestock producers and breeders to accelerate reproductive performance through accurate, simple, cost-effective analysis by predicting ovulation phase and assessing sperm quality.
"The $100,000 from Ag-Celerator will allow us to finalize our proof-of-concept ovulation studies scheduled throughout the first half of 2022," Hart said. "It is an honour to be selected for this award not only as the CEO of Verility, but also as a Purdue alumna. We appreciate the esteemed panel of judges' recognition of the significant and successful results that we have accomplished throughout our startup journey. This opportunity definitely allows us to push forward farther faster, creating more value for our company."
Ag-Celerator, created in 2015, is a $2 million innovation fund designed to provide critical startup support for Purdue innovators who bring Purdue patented intellectual property or Purdue "know-how" technologies to market.