The platform forms part of Duradiamond Software’s patented, fully integrated livestock management ecosystem, combining software, hardware and an educational support hub. iLivestock enables farmers to capture, analyse and manage real-time animal data, reducing paperwork, improving animal health outcomes and boosting operational profitability. The company holds patents for its “eWeigh” weighing technology in the UK, USA and South Africa, with further patents pending across international markets.

The funding is supporting a wide range of growth initiatives, including new hires, expanded international sales activity, upgraded marketing capacity, and investment in operational and manufacturing infrastructure. As a result of the first £500,000 instalment, which was received in July, iLivestock has achieved over 300% growth, expanded into eight countries, and won multiple industry awards, including the Scotland Final of the KPMG UK Tech Innovator competition.

With multiple global territories adopting mandatory electronic identification (EID) requirements for cattle and sheep, the latest £250,000 instalment is helping iLivestock to meet growing demand, supported by a robust pipeline of partnership agreements.

Jamie Pugh, CCO of iLivestock, said: “Having built strong global momentum with partners across multiple continents, this funding enables us to accelerate at exactly the right moment. With new markets opening due to regulatory change and rising demand for digital livestock solutions, we’re now able to deliver our technology to significantly more farmers worldwide. This investment allows us to continue innovating, enhance our international presence and ultimately support farmers in improving productivity, sustainability and animal welfare.”

Dave Young, Investment Manager at The FSE Group, commented: “iLivestock is a dynamic Scottish success story with a compelling combination of patented technology, strategic partnerships and a highly capable leadership team. The business has positioned itself at the forefront of digital transformation in livestock farming, supported by strong global market drivers and an extensive international pipeline. We are delighted to support the company as it continues its ambitious growth journey.”

Sarah Newbould, Senior Investment Manager at Nations & Regions Investment Funds, the British Business Bank, added: “Through the Investment Fund for Scotland we are committed to supporting ambitious, innovative Scottish businesses such as iLivestock. We look forward to seeing the positive impact this investment will have on the company, the farmers it serves, and the wider agri-tech sector.”

The purpose of the British Business Bank’s £150 million Investment Fund for Scotland is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across Scotland. The fund will increase the supply and diversity of early-stage finance for smaller businesses, providing funds to firms that might otherwise not receive investment and helping to break down barriers in access to finance.

iLivestock’s expansion will help strengthen Scotland’s agri-tech sector by enabling job creation, increasing global export activity, and encouraging the adoption of data-driven, sustainable farming practices across the cattle and sheep industries.