On Friday 3 November, the European Investment Bank (EIB) announced that it had signed a €40 million loan agreement with Dutch agritech company In Ovo for the period 2023-2026, to develop its ‘Ella’ technology, which can prevent the killing of day-old chicks.
This agreement is supported by the InvestEU programme. The funding will enable the company to continue improving this technology and produce more ‘Ella’ machines.
In Ovo’s screening machine can identify the sex of eggs at...