- Matthew Rooda, 23; Abraham Espinoza, 24
SwineTech creates solutions to reduce the number of piglets that die from disease, starvation, and crushing, which costs the industry more than $8.9 billion per year. SwineTech's patented technology, SmartGuard, uses advanced acoustic engineering, proprietary algorithms, and machine learning to filter and detect when a piglet is getting crushed. SwineTech also provides farmers with a swine-management feature that can provide farmers with a real-time health analysis of each sow, enabling them to detect, isolate, and treat a potential viral outbreak in their facilities. The introduction of advanced farrowing-managements systems will allow farmers to significantly cut losses. SwineTech's social mission is to improve animal welfare and enable farmers to feed the world, one saved piglet at a time.
In the past three months, SwineTech raised $1 million and received purchase orders from multiple producers, including the largest pork producer in Tennessee. Over the past year, the company received $235,000 through business-plan competitions. SwineTech has won competitions at Harvard, Princeton, and Microsoft, and also has been named a finalist for agtech company of the year alongside John Deere and Pioneer.
Note: All data as of 1/31/17