eggXYt Overview
eggXYt is developing a CRISPR-based proprietary technology that detects the sex of chick embryos immediately after the eggs are laid and before they enter the 21-day incubation period. The sex-identification process prevents chicks from hatching unnecessarily; keeps the eggs within the food industry; and addresses the common ethical, environmental, and economic problems of egg and poultry production. eggXYt saves many chicks a year by preventing their unnecessary incubation, which typically requires employees at the end of the hatchery line to identify and kill male chicks. eggXYT won the Best Israeli Agtech Company Competition at the AgriVest 2019 conference.
Cumulative Funding Raised Over Time ($)
$100KApr 2021
$100KJun 2019
Latest News
growth-positive
Can This Gene Editing Tool Make Chickens Resistant To Avian Flu?
Israeli biotech startup eggXYt is using gene editing tools to develop resistance against avian flu in chickens. The company aims to optimize the health and animal welfare of livestock by modifying DNA fragments in chickens. By targeting conserved areas of the virus, eggXYt aims to silence the replication of the avian flu virus. The outbreak of avian flu in Israel has led to the killing of thousands of chickens and a shortage of eggs. EggXYts gene editing technology could help prevent future outbreaks and protect poultry populations. The company previously licensed the GEiGS technology platform from Tropic Biosciences for this project.
CustomersInvestment
growth-positive
This genetic tech could help save billions of baby chickens from unnecessary death
Israeli startup EggXYt is using gene-editing technology to identify the sex of chicken eggs before they hatch, potentially eliminating the need for the culling of male chicks. The company places a biomarker on the male chromosome which glows when the egg is scanned, allowing it to be separated out for use in other industries. The process can take place before incubation, saving costs and reducing waste. EggXYt recently received investment from Solve Innovation Future, a philanthropic venture fund based at MIT, to support further R&D and commercialisation of its products.
InvestmentExpand
growth-positive
Biotech startup could end avian flu and male chick killing
Israeli biotech startup eggXYt has entered into a licensing agreement with Tropic Biosciences to develop genetic resistance in chickens against avian influenza virus. The agreement will allow eggXYt to use Tropic Biosciences GEiGS technology. eggXYt aims to improve animal welfare and efficiency in the poultry industry. The company is also working on a flagship product to determine the sex of chicks before incubation, which would eliminate the need to cull male chicks. eggXYt has partnered with strategic investor TBG for the development of this product. The company has been selected as a Solver team by MIT Solve for its Sustainable Food Systems Challenge.
PartnersInvestment
growth-positive
eggXYt strategy: Israeli startup launches bid to disrupt the egg industry
Israeli startup eggXYt has developed a groundbreaking solution to the problem of culling male chicks in the poultry industry. The company uses gene silencing technology to develop genetic resistance in chickens to avian flu, allowing for the sex determination of chick embryos immediately after the eggs are laid. This technology is more advanced than other approaches, which can only determine the sex several days into the incubation process. The solution is non-invasive, cost-effective, fast, and 100% accurate. It has the potential to fundamentally change the economics of the poultry and egg industries, reducing the carbon footprint and creating new revenue streams. The company has formed a strategic relationship with TBG, an operating company in egg grading and hatchery equipment.
CustomersPartnersInvestment
growth-positive
eggXYt and Tropic Biosciences Come Together to Fight Avian Influenza Virus in Chickens
EggXYt has entered into a license agreement with Tropic Biosciences to apply Tropics Gene Editing Induced Gene Silencing (GEiGS) technology to establish genetic resistance in chickens to the Avian Influenza virus. This partnership allows EggXYt to expand its portfolio of poultry products and enter the field of animal health. The Avian Influenza virus is a deadly and costly disease that affects the poultry industry. The collaboration aims to improve animal welfare, prevent further pandemics, and disrupt the poultry market. Tropic Biosciences has made its GEiGS technology commercially accessible to other companies in the agricultural and life sciences industries. The partnership comes at a time when gene editing is gaining recognition, with Jennifer Doudna and Emmanuelle Charpentier winning the CRISPR 2020 Nobel Prize in Chemistry.
Partners
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $604K |
| Last funding | $100K |
| Stage | Seed |
| Rounds | 4 |
| Investors | 2 |
Team Members
4
Employees: 1-10
Web & Social Links
| Website | www.eggxyt.com |
Locations
Har Hotsvim, Jerusalem, Israel
Photos & Videos
1 item(s)
eggXYt Business
Business models
B2B
Product stage
R&D
Employees
1-10
Sector
Climate TechFood & Land UseSustainable FarmingAgriculture & Food TechnologiesAg TechGenetics & InputTarget Customer
Agriculture & FoodLivestockPoultryCore Technology
SensingTags (13)
climate-techgeneticsbiotechnologyagtechpoultrybreedingmonitoringcontrol-systemssmart-farmingprecision-agriculturefood-wastelivestockultrasoundGeographic Markets
GlobaleggXYt Financials
$604K
Total funding
Undisclosed
Capital raised
$100K
Last funding
Seed
Funding stage
4
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$100KApr 2021
$100KJun 2019
Private Equity Funding
Undisclosed Round
Apr 2021
$100K
FoodLab Capital
Undisclosed Round
Jun 2019
Undisclosed
Rimonim Venture Capital
Non-Equity Funding
GrantEvent
Dec 2018
$450K
Israel Innovation Authority
GrantEvent
May 2017
$54K
EU Horizon 2020
eggXYt Lifecycle
Cumulative Funding Raised Over Time
$100KApr 2021
$100KJun 2019
All Events
Undisclosed Round
Apr 2021
$100K
FoodLab Capital
Undisclosed Round
Jun 2019
Undisclosed
Rimonim Venture Capital
GrantEvent
Dec 2018
$450K
Israel Innovation Authority
GrantEvent
May 2017
$54K
EU Horizon 2020
eggXYt News
17 articles
growth-positive
Can This Gene Editing Tool Make Chickens Resistant To Avian Flu?
Israeli biotech startup eggXYt is using gene editing tools to develop resistance against avian flu in chickens. The company aims to optimize the health and animal welfare of livestock by modifying DNA fragments in chickens. By targeting conserved areas of the virus, eggXYt aims to silence the replication of the avian flu virus. The outbreak of avian flu in Israel has led to the killing of thousands of chickens and a shortage of eggs. EggXYts gene editing technology could help prevent future outbreaks and protect poultry populations. The company previously licensed the GEiGS technology platform from Tropic Biosciences for this project.
CustomersInvestment
growth-positive
This genetic tech could help save billions of baby chickens from unnecessary death
Israeli startup EggXYt is using gene-editing technology to identify the sex of chicken eggs before they hatch, potentially eliminating the need for the culling of male chicks. The company places a biomarker on the male chromosome which glows when the egg is scanned, allowing it to be separated out for use in other industries. The process can take place before incubation, saving costs and reducing waste. EggXYt recently received investment from Solve Innovation Future, a philanthropic venture fund based at MIT, to support further R&D and commercialisation of its products.
InvestmentExpand
growth-positive
Biotech startup could end avian flu and male chick killing
Israeli biotech startup eggXYt has entered into a licensing agreement with Tropic Biosciences to develop genetic resistance in chickens against avian influenza virus. The agreement will allow eggXYt to use Tropic Biosciences GEiGS technology. eggXYt aims to improve animal welfare and efficiency in the poultry industry. The company is also working on a flagship product to determine the sex of chicks before incubation, which would eliminate the need to cull male chicks. eggXYt has partnered with strategic investor TBG for the development of this product. The company has been selected as a Solver team by MIT Solve for its Sustainable Food Systems Challenge.
PartnersInvestment
growth-positive
eggXYt strategy: Israeli startup launches bid to disrupt the egg industry
Israeli startup eggXYt has developed a groundbreaking solution to the problem of culling male chicks in the poultry industry. The company uses gene silencing technology to develop genetic resistance in chickens to avian flu, allowing for the sex determination of chick embryos immediately after the eggs are laid. This technology is more advanced than other approaches, which can only determine the sex several days into the incubation process. The solution is non-invasive, cost-effective, fast, and 100% accurate. It has the potential to fundamentally change the economics of the poultry and egg industries, reducing the carbon footprint and creating new revenue streams. The company has formed a strategic relationship with TBG, an operating company in egg grading and hatchery equipment.
CustomersPartnersInvestment
growth-positive
eggXYt and Tropic Biosciences Come Together to Fight Avian Influenza Virus in Chickens
EggXYt has entered into a license agreement with Tropic Biosciences to apply Tropics Gene Editing Induced Gene Silencing (GEiGS) technology to establish genetic resistance in chickens to the Avian Influenza virus. This partnership allows EggXYt to expand its portfolio of poultry products and enter the field of animal health. The Avian Influenza virus is a deadly and costly disease that affects the poultry industry. The collaboration aims to improve animal welfare, prevent further pandemics, and disrupt the poultry market. Tropic Biosciences has made its GEiGS technology commercially accessible to other companies in the agricultural and life sciences industries. The partnership comes at a time when gene editing is gaining recognition, with Jennifer Doudna and Emmanuelle Charpentier winning the CRISPR 2020 Nobel Prize in Chemistry.
Partners
growth-positive
eggXYt licenses the GEiGS™ Technology Platform from Tropic Biosciences in a Groundbreaking Project to Develop Resistance Against Avian Influenza Virus in Chickens
Biotechnology company eggXYt has entered into a license agreement with Tropic Biosciences to develop genetic resistance in chickens against Avian Influenza virus. The collaboration will utilize Tropics Gene Editing induced Gene Silencing (GEiGS™) technology. Avian Influenza virus is a costly and deadly disease that can disrupt the protein supply chain and pose a threat to human health. eggXYt, known for its gene editing solutions in the poultry sector, aims to expand its portfolio into animal health. The company plans to launch a fundraising round to support its R&D programs and commercialization. Tropic Biosciences, a leading agricultural-biotechnology company, has made its GEiGS™ technology commercially available to other innovative companies. The collaboration comes at a time when gene editing is gaining recognition, with the recent Nobel Prize win for the development of CRISPR.
PartnersInvestment
growth-positive
Ultrasound-for-Eggs Startup Wants to Save the Poultry Business From Its Own Bad Practices
Eggxyt, a startup specializing in ultrasound for eggs, aims to reduce the waste of male chicks in the poultry industry. The companys technology can detect the gender of a chick embryo before incubation, allowing chicken farmers to avoid disposing of male chicks after hatching. Eggxyt uses CRISPR gene-editing technology to change the DNA of chickens, making male chromosomes produce fluorescent cells. A machine then scans the eggs for fluorescent markers and removes all the male eggs. The technology is expected to reach commercialization in 2022. Eggxyts solution not only reduces waste but also offers potential opportunities for selling unincubated eggs to industries that use eggs as raw materials.
Customers
growth-positive
eggXYt wins Technology Research Award at CleanEquity® Monaco 2019 - Hosted by Innovator Capital
eggXYt, a company addressing the culling and destruction of male chicks in the egg industry, has won the Excellence in the Field of Environmental Technology Research award at CleanEquity Monaco 2019. The companys groundbreaking technology improves the sustainability of egg production and meets the needs of ethical consumers. The award was presented by H.S.H. Prince Albert II of Monaco. CleanEquity Monaco is a forum for emerging sustainable technology and resource efficiency companies, hosted by Innovator Capital and the Monaco Economic Board. Innovator Capital is a specialist investment bank advising emerging technology companies on corporate finance and mergers and acquisitions.
Customers
growth-positive
eggXYt wins Technology Research Award at CleanEquity® Monaco 2019 - Hosted by Innovator Capital
eggXYt, a company addressing the culling and destruction of male chicks in the egg industry, won the Excellence in the Field of Environmental Technology Research award at CleanEquity Monaco 2019. The companys groundbreaking technology improves the sustainability of egg production and meets the needs of ethical consumers. The award was presented by H.S.H. Prince Albert II of Monaco. CleanEquity Monaco is a forum for emerging sustainable technology and resource efficiency companies. The event was hosted by Innovator Capital and the Monaco Economic Board. The next CleanEquity Monaco event will take place in March 2020.
Customers
growth-positive
Counting Chickens Before They Hatch
The article discusses the use of DNA technology to determine the sex of chicks before hatching, thereby eliminating the need for culling. Yehuda Elram, a lawyer and entrepreneur, was inspired to start a company called eggXYt after learning about the ethical and economic concerns of culling male chicks in the egg industry. The company aims to use CRISPR technology for sex selection of chicks. Elram credits his time at Harvard Kennedy School for inspiring him to make a global impact and start a company that solves a significant problem. eggXYt has received venture funding and is working towards implementing their technology for chicken sex selection.
CustomersPartners
growth-positive
https://www.jpost.com/Israel-News/Five-Israeli-start-ups-competing-for-global-innovation-award-569343?utm_source=dlvr.it&utm_medium=twitter&fbclid=IwAR3L9tTu85-819mGJc9VGrdSCwmKiHByjxj8kMaHAmOyebUHfV9vK1vIFFs
Five Israeli start-ups, selected by accelerator TechForGood, will compete at the 2018 World Summit Awards (WSA). The WSA promotes digital innovation with a high societal impact. The start-ups include Keheala, a mobile software ecosystem addressing prescription drug noncompliance; OKO, a crop insurance platform for smallholder farmers; eggXYt, a company developing technology to detect the sex of chick embryos; AmplioSpeech, a digital speech-language therapy platform; and EasyWay, a virtual assistant for travelers. The winners will be announced in December and presented at the WSA Global Congress in Spring 2019.
PartnersCustomers
growth-positive
Technology may save six billion male chicks a year from the grinder
The article highlights the importance of Amazon rainforest conservation and the challenges it faces, such as deforestation and climate change. It emphasizes the role of the nonprofit sector and businesses in taking action to protect the rainforest. The Women Force NFT project, in collaboration with Kinder, aims to sell NFTs and donate 40% of the sales to support the Amazon Rainforest. The project also provides web3 education, art mentorship, and other benefits. Kinder has developed an API to allow Web3 projects to direct royalties to vetted charities, promoting positive impact. Kinder and Women Force NFT will present their United Action, featuring high-performing charities dedicated to rainforest reforestation. The article also mentions the Kinder Vetting Report for 2022, which evaluates charities based on their impact and transparency.
Partners
growth-positive
Yehuda Elram: Male layer loss: The eggXYt strategy
eggXYt, a Jerusalem-based startup, has developed a CRISPR-based technology to address the problem of killing male chicks in the egg industry. The companys technology allows for the detection of the sex of eggs at the entry point of hatcheries, preventing the incubation and hatching of male chicks. By using CRISPR, the company edits the chickens to carry a biomarker in their DNA, making it possible to identify male eggs. This disruptive technology has multiple benefits, including doubling the capacity of hatcheries, eliminating the need for manual sexing of chickens, and creating new product opportunities from male eggs. The company aims to have a global impact by reducing the carbon footprint of the industry and providing ethical welfare eggs. eggXYt has received grants and accelerator prizes and is finalizing its first funding round.
CustomersPartnersInvestmentExpand
growth-positive
Now you can count your chickens before they hatch, instead of culling them
Israeli startup eggXYt has developed technology that can detect the gender of chicks before hatching, potentially saving the egg industry nearly $2 billion per year and eliminating the killing of male chicks. The technology uses CRISPR to insert a detectable biomarker into the chickens DNA, allowing for the identification of male eggs. EggXYt has received grants and awards and expects to start a pilot in early 2019. The companys solution addresses the ethical issue of male chick culling, which has been a concern for animal rights organizations and egg producers. No viable solution has been approved by the FDA or governing bodies to solve the problem thus far.
Customers
growth-positive
eggXYt is bringing gene editing to poultry farms to save chicks and resources
EggXYt, a startup focused on gene-editing in chicken farming, has developed a technology that allows hatcheries to determine the sex of an egg pre-incubation. The technology, called seXYt, quickly identifies male and female eggs, enabling hatcheries to focus on incubating female eggs and repurpose male eggs. This solution not only saves time and resources for hatcheries but also reduces the waste of nearly 6 billion male eggs that are currently discarded annually. EggXYt is targeting markets with friendly regulations and is pending FDA approval. The startup believes its technology has global appeal.
CustomersPartners
growth-positive
https://www.jpost.com/Metro/The-chicken-or-the-egg-493905
Israeli startup EggXYt aims to revolutionize the egg industry by developing a technology to identify the sex of chicken embryos before they hatch. Currently, male chicks are culled as they are not economically viable. EggXYts non-invasive method using optics and biology would allow hatcheries to determine the sex of the chick immediately after the egg is laid, eliminating the need for the costly and cruel assembly line process. The company has received funding from various sources, including grants from Israels Chief Scientist and the European Unions Horizon 2020 program. While the product is still in development, it has the potential to significantly improve efficiency and reduce waste in the egg industry.
PartnersInvestment
growth-positive
הזוכות בתחרות מאס צ'לנג': חברת צעצועים מדעיים לבנות וחברה החוסכת הרג אפרוחים
The winners of the MassChallenge startup competition were announced, with two companies taking the top prizes. Eggxyt, a company focused on stem cell treatments for neurological diseases, and Eggzit, a company that developed technology to determine the gender of chicks before they hatch, were recognized for their social impact. Other winners included StellarNova, which develops scientific toys for girls, Versatile Nature, which places sensors on cranes to monitor construction sites, Eyecontrol, which enables communication for severely disabled individuals, and Plasmatica, which develops technology for medical, sports, and security industries. The winners received cash prizes totaling 1 million shekels. Several companies from the program have already raised funding, totaling 10 million shekels.
Investment
eggXYt Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 10 |
| Team members | 4 |
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eggXYt Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Fredrik Liljedahl |
| Registrar ID | 515525020 |
| Crunchbase | eggxyt |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wain@gmail.com |
| Last update | 2021-03-19T00:00:00.000Z |
| Created | 2016-08-18T00:00:00.000Z |
| Claimed | Yes |