The Kansas City Animal Health Corridor will host up to 20 emerging animal health companies from around the world at the seventh annual KC Animal Health Investment Forum Sept. 1. The event is the world’s only full day investment forum exclusively for early- and mid-stage companies in the animal health sector, according to a news release.
More than a dozen companies serving the animal health industry will present business plans and technologies to potential investors. Innovations include an alternative to antibiotic use in poultry and other animals, an odor control product for litter boxes and barnyards, prevention of obesity and muscle atrophy, treatment for osteoarthritis in horses, dogs and cats, intravenous fluid replacement and various diagnostic devices and tools, the release said.
Presenting companies are seeking $500,000 to $20 million in funding and have revenue projections of $20 million within five to seven years, the release said. Finalists were selected by a national committee of experts in agricultural and animal health investment opportunities. Forum attendees will include representatives from venture capital funds, investment firms, corporate R&D and business development professionals, the release said.
"This year’s selection of presenting companies is a great representation of the future of the global animal health industry," Rich Shuler, president and CEO, Shuler Consulting Services, who served on the selection committee, said. "Many of the emerging technologies we are seeing today are coming from new sources that view animal health as an exciting opportunity for innovation and investment. Entrepreneurs are developing technologies based on consumers’, veterinarians’, pet owners’, and livestock producers’ needs that aren’t currently being fully met.”
Companies presenting at previous KC Animal Health Investment Forums have raised more than $160 million, and many have received licensing agreements and distribution contracts. Recent success stories include Traverse Biosciences, ELIAS Animal Health, FitBark, KAVB Farm, Jaguar Animal Health, Prommune and VaxLiant.
"Home to more than 300 companies who generate 56 percent of the global revenues for the animal health industry, the KC Animal Health Corridor continues to be the epicenter for established animal health companies," Kimberly Young, president of KC Animal Health Corridor, said. "By supporting emerging companies, entrepreneurs and technologies, the Investment Forum furthers our mission to become a global center for animal health innovation.”
The Forum will take place from 7:30 a.m. to 5 p.m. at the Kansas City Convention Center Grand Ballroom in Kansas City, Mo. Qualified investors can contact Kimberly Young for a list of presenting companies.