Dyneval
The gold-standard in semen assessment
Supporting Agriculture
Over the past 40 years, conception rates in cattle have fallen by 20% and this is costing the average UK dairy farmer over £37k each year.
To assess semen quality on-farm, vets rely on visual assessment using an optical microscope and data has shown that veterinary assessment can vary by as much as 40% so vets err on the side of caution when advising farmers.
Dyneval has successfully secured a total funding of over £1.8M to establish a new quality control standard for semen analysis that will benefit users across the livestock production chain.
As part of the funding round, Dyneval secured a £575K grant from InnovateUK under the Transforming Food Production Series A Investor Partnership.
Securing lead investor support from Jim Dobson of Cottagequinn Enterprises Ltd within the Series A Partnership, and through a collaborative funding investment round led by Kelvin Capital and supported by Par Equity, Gabriel Investments and Scottish Enterprise a further £1.293m of equity investment was raised.
Expert Solution
Dyneval was incorporated in April 2020, winning the Glasgow Biocity Accelerator in 2020. Experienced entrepreneur and engineer Richard Cooper took the helm as Chairman and guided the founders through raising investment and product development.
In May 2021, the team gained confidence after winning the IBioIC Edge award of £100K at the Scottish Edge competition which helped them to develop their first product through subcontracting Scottish-based companies, i4pd, Firefinch Software and Albacom.
The founders, Dr Tiffany Wood and Dr Vincent Martinez met at the University of Edinburgh and both have a background in the physics of complex fluids which are ‘liquids with bits in them’.
Deeply motivated to improve the sustainability of farming, Dr Tiffany Wood, CEO, said
Dyneval’s technology is automated and easy to use so that anyone can check semen quality, from the time it leaves a genetics company, during storage on farm, and prior to insemination by a technician.
Growing The Team
Dyneval has now moved to the Roslin Innovation Centre based at the University of Edinburgh’s Easter Bush Campus and is within a cluster of the highest concentration of animal-related science expertise in Europe.
Dyneval is now recruiting for a number of exciting roles across the business that will enable the team to accelerate growth over the next few months following the launch of its first product in January 2022. The plans are to extend the integration of its technology into other platforms.