The Silicon Review - Best Business Review Magazine Super 30 Companies of the Year 2019 | Page 52

Revolutionizing poultry farming one egg
at a time: eggXYt
C
hicken is perhaps the most
widely consumed type of meat
there is. Each year sees billions of
chickens killed for their meat all across
the globe. The poultry industry not
only provides an excellent source of
revenue for millions but also generates
employment. However, it is not
without its flaws, and big ones at that.
Of the two main types of chickens
i.e. broiler and layer, the broilers are
killed off for their meat whereas the
layers are kept alive for the eggs they
lay. Furthermore, all the billions of
eggs laid each year by the layers are
incubated to hatch chicks, out of which
the females are kept alive and grown
for their eggs, whereas the males are
killed off, since they neither grow big
enough for meat, nor lay eggs. This
system of poultry farming has been
around for approximately a century
and it is extremely wasteful, inefficient
and costs the poultry industry billions
in revenue, not to mention the
unethical practice of disposing off of
countless day-old male layer chicks.
All of that is about changed thanks to
a revolutionary idea by a bold startup
that can transform the global egg
industry.
eggXYt is a biotech startup whose
mission is to enable a sustainable
future in the livestock industry.
eggXYt’s CRISPR based technology
allows non-invasive pre-incubation
sex detection in chicken eggs - saving
8 billion male chicks from being
unnecessarily hatched and disposed
off each year, saving the industry
billions of dollars and adding 8 billion
eggs to the global supply. eggXYt is
allowing ethically sourced male-chick-
culling-free eggs to reach the market,
answering the demand of conscious
egg consumers.
In conversation with
Yehuda Elram, Co-founder
and CEO of eggXYt
important protein sources for global
consumption, and for lower-income
populations in particular, helping to
fight hunger. Through these processes,
eggXYt is contributing to a more
sustainable future.
Can you tell us about your
company? Is your company a ‘leader’ or
a ‘follower’? Do you formulate
your own core values?
The company is creating a big social
impact. Using innovative proprietary
technology, eggXYt is able to save
billions of chicks from being hatched,
avoid their incubation and use the
eggs in the food, pharmaceutical or
cosmetic and other industries. eggXYt
is a triple bottom line impact startup
saving billions of chicks, saving billions
of dollars and not only saving tons of
waste but creating a valuable product
out of it. The company is directly
contributing to the UN Sustainable
Development Goals pursuing Zero
Hunger and promoting Responsible
Consumption and Production. eggXYt
is introducing ethically responsible
egg production and enables the
consumption of ethically sourced,
chick-culling-free eggs. Its technology
lowers the costs of egg production
and by that, secures one of the most Our potential impact has been
widely recognized by the industry:
• Financially supported by grants
from the EU and the Israel
Innovation Authority
• Awarded the Excellence in
Environmental Technology
Research Award by Prince Albert
II of Monaco
• Accelerated in MassChallenge
Israel and was awarded the
first prize of the MassChallenge
competition
• Chosen as one of the top 100
start-ups for 2017 from a pool of 5
million that are disrupting a wide
range of industries and changing
the world in Disrupt100
• Selected out of less than 3% of
applicants to participate in the
2017 TechCrunch Battlefield San
Francisco
eggXYt is on a mission to restore
consumer trust in the food system.
Consumer trust has been repeatedly
challenged by discoveries of some of
the unethical practices that prevail
in the food production industry.
eggXYt’s mission is to use cutting-edge
science to promote a more sustainable
livestock industry. eggXYt is working
to earn consumer trust by developing
innovative solutions that address
issues of transparency and animal
welfare in the food industry.
At eggXYt, we are leaders and
innovators in our field. We are driven
by a desire to have a positive and
scalable impact on the world by
making the livestock industry more
sustainable. We are motivated by the
opportunity to use innovative science
to make food production more efficient
and safeguarding it for a rapidly
growing global population, while
improving animal welfare and meeting
the growing consumer demand for
sustainable and ethically sourced food.