Simplifying Agrotechnology
How can we bring
www.sigrow.com
to help
our planet?
Let´s talk about
agriculture!
PROBLEM
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What is this world main problems regarding modern agriculture? How can we control our water usage? How much am I spending on extra water usage
How can I use my natural resources to get my yield increase? Am I able to do it?
Am I using the right
amount of
water/fertilizer to maximize my yield?
SO, WHAT IS SIGROW?
www.sigrow.com
Real time! Is a fast growing start-up, born to give growers a monitor tool to solve their crops problems. Solution = Sigrow´s Modular Sensors In Sigrow, we want to bring IoT to every grower on this
planet, using efficient solution to make agriculture simple.
LET´S TALK ABOUT FACTS 1600 millons HA
of productive land all
around the world.
Higher population, Higher food needs.
From this amount, 900MHa
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are the sum of USA,
China, India and Europe
Desperate need of reducing water usage in agriculture.
SOLUTION OF THOSE PROBLEMS. Sigrow algorithms
deliver custom water and humidity data
depending on weather
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Soil Sensors
- Water - Temperature
the crop is being grown on open field or in a
greenhouse. In order to give all possible solu-
tions, Sigrow will sell two types of sensors:
-Water/humidity control - Light - PAR - Temperature Light-air sensors
BUT, HOW? LET US SHOW YOU!
https://youtu.be/tEmF06jTvpc
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OUR BUSINESS MODEL
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License
Big Data
Air Sensors
Yearly license
Soil Sensors
fee per grower
Consultacy services based on data
HW
Special app development
OUR BUSINESS MODEL
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Based on those facts, and our relationship with our first clients, we expect to deliver the following revenue figures until 2018, taking into consideration that sales are being made exclusively in Spain and The Netherlands. Revenues are calculated in Millions of Euros.
HW
License
Big Data
2016
0,8
0,07
0,1
1
2017
3,6
0,45
0,22
4,2
2018
6,4
2,4
0,22
9
TOTAL
HW SALES
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Based on our stategy that we will explain further on, we expect an estimated pipeline sales on Dutch and Spanish markets:
S PA I N
Ha
Penetration rate
Revenues
Green House
50K
5%
4,5M
Soil
10M
0,05%
9M
HOLLAND
Ha
Penetration rate
Revenues
Green House
11 K
5%
1M
Soil
140K
0,5%
1,25M
LICENSE SALES
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We are planning to charge 500â‚Ź per year per grower for using our SW. Based on our estimations, we expect to have the following clients evolution:
Year
Grower
2016
128
2017
902
2018
7.798
OTHER REVENUES
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Based on our strategic plan, we are focusing our efforts to collect references from our costumers fields. Based on the info that we will get from our sensors, we believe we are able to give consultancy services about water and fertilizer usage in the future.
SPECIAL APPS: PLANT HERO
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Sigrow has already developed on customized App for a specific client:
PLANT HERO
Available NOW!
HOW DO WE MAKE MONEY OUT OF IT?
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Revenues from Plant Hero:
40KEur from developing both iOS and Android apps Analytics
20K for user problem solution, based on a 25â‚Ź/hour rate. Once service is completed, Sigrow will negotiate with Hesi a renewal of the service desk costs.
OUR PERFORMANCE SO FAR
>250 sensors pre-sold
>Plant Hero app on the air, which reported Sigrow 60Kâ‚Ź revenues
More than 250Ha pipeline
2 Distribution agreement around the NL
In talks with other Dynamic Nutrients companies for another app app on the go development (Pokon)
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s r o s n e S
r ts e h jec t O ro p
WHO ARE WE COMPETING WITH? In the Agrotech world, we can divide companies as two:
Priva,
Netafim,
Hortimax.
Himarcan,
Wireless Value
Davis,
Edyn/Parrot
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TEAM
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Javier Lomas
Yicheng Hao
Tomer Wax
CEO and CTO. Telecommunication Engineer. MSc in Plant Science. Experience in Engineering companies.
COO. Biosystems engineer. Experience in fertilizer companies. In charge of manufacturing Sigrow sensors in China
CFO and BD. Experience in multiculutral envoirnments. 5 Years experience in IT industry in USA and Spain.
FINANCIALS
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Based on our financial model and plan, we expect to have the following results in the next three years:
Q3 2016
Q4 2016
2017
2018
Sales
290.500
667.835
4.213.694
8.977.735
COS
330.700
360.347
2.456.324
5.292.932
Margin
-40.200
307.487
1.757.369
3.684.803
SG&A
82.700
127.000
581.000
1.371.400
-122.900
1 8 0 .4 8 7
1.176.369
2.313.403
EBITDA
GOALS
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Looking forward, this will be our goals for the next 6 months:
MARKET READY soil sensor by July 2016
Get enough producing power to reduce sensor cost from 26 to 18â‚Ź
Develop relationship with at least 3 main distributers throughout Spain and NL
Final milestone for Dynamic Nutrients.
HOW MUCH DO WE NEED?
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Sigrow is asking for 500.000€ in order to be able to go on a market ready product without having to lose it´s team. The amount will be disclosed as the following: We estimate that Sigrow would need 290K€ to keep current team and talent, plus being able to hire new engineers and sales.
2
1
We also estimate another 100K as an investment in Sigrow sensors development into a V2 of the product and creating our own R&D greenhouse
HOW MUCH DO WE NEED?
Sigrow is expecting to open it´s technical office in Spain. Based on the market research that we have made, investment would be made in:
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3
15K in office space 70K in salaries for both engineers and sales 25K for BD throughout Spain and Portugal
Let´s change agriculture! www.sigrow.com