TARGAN Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 135

Employees

  • Latest Deal Type
  • M&A
  • (Announced)

  • Investors
  • 9

TARGAN General Information

Description

Developer of advanced automation systems designed for enhancing animal health and production efficiency. The company's platform leverages artificial intelligence and machine learning to accurately identify the sex of chicks at the hatchery, enabling poultry producers to implement gender-specific feeding strategies and optimize farm performance.

Contact Information

Website
www.targan.com
Formerly Known As
Applied LifeSciences and Systems
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 350 East Six Forks Road
  • Suite C
  • Raleigh, NC 27609
  • United States
+1 (984)
Primary Industry
Biotechnology
Other Industries
Animal Husbandry
Machinery (B2B)
Vertical(s)
AgTech, Artificial Intelligence & Machine Learning, Life Sciences
Corporate Office
  • 350 East Six Forks Road
  • Suite C
  • Raleigh, NC 27609
  • United States
+1 (984)

TARGAN Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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TARGAN Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Merger/Acquisition 11-Jun-2026 Announced Generating Revenue
12. Later Stage VC (Series D) 27-Jan-2026 In Progress Generating Revenue
11. Capital Spending 01-Dec-2025 Completed Generating Revenue
10. Debt - General 01-Jun-2024 Completed Generating Revenue
9. Accelerator/Incubator 29-Aug-2023 Completed Generating Revenue
8. Later Stage VC (Series C) 25-May-2022 Completed Generating Revenue
7. Grant 13-May-2021 Completed Product In Beta Test
6. Later Stage VC (Series B) 12-May-2021 Completed Product In Beta Test
5. Early Stage VC (Series A) 27-Mar-2019 $8M $8M Completed Product Development
4. Grant 01-Jan-2018 $750K Completed Product Development
To view TARGAN’s complete valuation and funding history, request access »

TARGAN Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A 32,198,512 $0.000010 6% $0.28 $0.28 1x $0.28 14.7%
To view TARGAN’s complete cap table history, request access »

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TARGAN Patents

  • 45

    Total Documents Applications and Grants

  • Total Patents Families

  • 13

    Granted

  • 25

    Pending

  • Expiring in next 12 mo

TARGAN Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026173633-A1 Methods and systems for locating features on subjects in motion for precise targeted delivery of substances Pending 17-Feb-2025
WO-2026060377-A1 Noncontact animal diverter system Pending 10-Sep-2024
EP-4605910-A2 Gender identification of chicks using digital image analysis Pending 18-Oct-2022
EP-4605910-A4 Gender identification of chicks using digital image analysis Pending 18-Oct-2022
WO-2024086462-A2 Gender identification of chicks using digital image analysis Inactive 18-Oct-2022 G06V40/103
To view TARGAN’s complete patent history, request access »

TARGAN Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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TARGAN Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Emergence Incubator Accelerator/Incubator
NovaQuest Capital Management PE/Buyout Minority
Merck Animal Health Ventures Corporate Venture Capital Minority
Mountain Group Partners Venture Capital Minority
Open Doors Partners Venture Capital Minority
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TARGAN FAQs

  • When was TARGAN founded?

    TARGAN was founded in 2015.

  • Where is TARGAN headquartered?

    TARGAN is headquartered in Raleigh, NC.

  • What is the size of TARGAN?

    TARGAN has 135 total employees.

  • What industry is TARGAN in?

    TARGAN’s primary industry is Biotechnology.

  • Is TARGAN a private or public company?

    TARGAN is a Private company.

  • What is TARGAN’s current revenue?

    The current revenue for TARGAN is .

  • How much funding has TARGAN raised over time?

    TARGAN has raised $180M.

  • Who are TARGAN’s investors?

    Emergence Incubator, NovaQuest Capital Management, Merck Animal Health Ventures, Mountain Group Partners, and Open Doors Partners are 5 of 9 investors who have invested in TARGAN.

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