TARGAN

Morrisville, United States Founded: 2015 • Age: 11 yrs
Automated targeted vaccine systems for livestock and aquaculture are developed.

About TARGAN

TARGAN is an Agriculture company based in Morrisville (United States) founded in 2015 by Ramin Karimpour. Automated targeted vaccine systems for livestock and aquaculture are developed. TARGAN has raised $65.9 million across 6 funding rounds from investors including Merck Animal Health, Mountain Group Partners and NovaQuest Capital Management. The company has 29 employees. Its chief executive, as recorded, is Ramin Karimpour. Its focus areas include Food and Agriculture Tech, Livestock Tech, Health Management and Pharmaceuticals. Its legal entity is TARGAN Inc. Its competitors include Merck Animal Health and Harrisvaccines; 1 of its 2 listed competitors has raised funding.

Company details

Founded in 2015 and based in Morrisville, United States, automated targeted vaccine delivery systems are developed by the company for livestock and aquaculture sectors. Technologies including high-speed imaging, microfluidics, artificial intelligence, and humane animal handling are integrated to provide vaccination solutions that reduce infection-related losses. Solutions are offered for aquaculture, pigs, and poultry operations.

  • Headquarters Morrisville, United States
  • Employees 29
  • Founders Ramin Karimpour
  • Sectors
    Agriculture
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website targan.com
  • Social LinkedIn X Instagram
  • Legal Name Targan Inc.
Key Metrics
  • Total Equity Funding
    $65.9M (USD)

    in 6 rounds

  • Latest Funding Round
    $35M (USD), Series C

    May 2022

  • Investors
  • Employee Count
    29

Funding Insights of TARGAN

TARGAN has successfully raised a total of $65.9M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $35 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $65.9M
  • Total Rounds 6
  • Last Round Series C β€” $35M
  • First Round $1.41M

    (Feb 2018)

  • Investors Count 5

All 6 funding rounds of TARGAN with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2022$35MSeries C–Mountain Group Partners, NovaQuest Capital Management
May 2021$7MSeries B–Mountain Group Partners, Merck Animal Health
May 2021$7MSeries B––
Mar 2019$8MSeries A–Merck Animal Health, Mountain Group Partners
Mar 2019$8.9MSeries A––
Feb 2018$1.41MGrant––
Valuation history

5 investors in total: 5 institutional.

Investors in TARGAN

TARGAN has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Merck Animal Health, Mountain Group Partners and NovaQuest Capital Management.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital is directed toward life sciences and technology sectors.
mtngp.comNashville, United States
PE firm focused on life science and healthcare companies
novaquest.comRaleigh, United States
Early-stage venture capital investments are provided by Oval Park Capital.
ovalpark.comRaleigh, United States
Vaccine technology is developed and supplied for livestock animals.
1921merck-animal-health.comMadison, United States
A government-backed foundation providing seed-stage investments to support small businesses.
1950nsf.govArlington, United States
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Investor details for TARGAN

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People of TARGAN

36 people are tracked at TARGAN (7 in leadership, 6 in board & advisors, 23 in team); the tracked headcount is 29.

NameRoleGroup
Ramin Karimpour
Founder & CEOLeadership
Nicolas Massie
Director, Program Management, PoultryLeadership
Chris Thomas
Director Of Controls And Electrical EngineeringLeadership
Paul Burke
Senior Director Human ResourcesLeadership
Zebulon Rouse
Director Of Mechanical EngineeringLeadership
Matt Mekschun
Director of Controls and Computer Vision EngineeringLeadership
Joshua Goff
Director, Vision AI & Data ScienceLeadership
John Roush
DirectorBoard & advisors
Rob Readnour
DirectorBoard & advisors
Clinton A. Lewis
DirectorBoard & advisors
Mike Roberts
DirectorBoard & advisors
Taylor Barbosa
DirectorBoard & advisors
Brian Axe
DirectorBoard & advisors
Jason Fryar
Customer Success ManagerTeam
Fredrick Hutchinson
Senior Recruiter - TARGAN, IncTeam
Sanat Aryal
Auzure Support Engineer IIITeam
Evan Trebilcock
Senior Manager Product EngineeringTeam
Joseph Strahl
Business Process LeadTeam
Terry Stanfield
Senior Software EngineerTeam
Rafael Luiz da Silva, Ph.D.
Sr. Computer Vision EngineerTeam

16 more people are available in the full profile.

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Timeline of TARGAN

3 dated milestones of TARGAN across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded TARGAN is founded.
  2. Funding First funding round of $1.4M.
  3. Funding Latest funding round, Series C, of $35.0M.

Competitors of TARGAN

TARGAN has 2 listed competitors in our database, 1 of them funded. They include Merck Animal Health and Harrisvaccines.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
merck-animal-health.com1921Madison, United States2,952
Vaccine technology is developed and supplied for livestock animals.
harrisvaccines.com2005Ames, United States$5M
Developer of vaccine technology for the treatment of infectious diseases
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Detailed competitors of TARGAN

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Web traffic of TARGAN

The website of TARGAN (targan.com) receives about 1.6K visits a month.

  • Monthly visits
    1.6K

    ▼ 23.9% vs previous month

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Related news about Targan

TARGAN Leases New Raleigh Facility
Commercialsearch β€’ 4 years ago
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Frequently Asked Questions about TARGAN

TARGAN was founded in 2015 and raised its 1st funding round 3 years after it was founded.

TARGAN is headquartered in Morrisville, United States.

Ramin Karimpour is the CEO of TARGAN, as recorded in our data. They have also founded this company.

TARGAN is a funded company, having raised a total of $65.9M across 6 funding rounds to date. The company's 1st funding round was a Grant of $1.41M, raised on Feb 2018.

TARGAN has 29 employees.

Founded in 2015 and based in Morrisville, United States, automated targeted vaccine delivery systems are developed by the company for livestock and aquaculture sectors. Technologies including high-speed imaging, microfluidics, artificial intelligence, and humane animal handling are integrated to provide vaccination solutions that reduce infection-related losses. Solutions are offered for aquaculture, pigs, and poultry operations.

TARGAN's top competitors include Merck Animal Health and Harrisvaccines.

TARGAN operates through Targan Inc..

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