10:12 AM EST, 01/16/2025 (MT Newswires) -- KKR (KKR) said Thursday it has invested an undisclosed amount in Austria-based smaXtec together with technology investor Highland Europe.

Existing shareholder Sophora Unternehmerkapital will retain a minority stake in the dairy industry-focused agri-tech provider smaXtec, the company said.

SmaXtec's technology supports dairy farming by detecting diseases early, monitoring fertility through heat detection, and reducing birthing complications, which collectively boost cow welfare and farm productivity, it said.

KKR said the investment is primarily being made via its Next Generation Technology Growth Fund III.

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