Precision for AgricultureNavigate, Measure, Track
By: Michael UtkinCEO @ eFarmer B.V.
Precision increases the efficiency of agriculture by 40%
saves 40% of seeds, fertilizer, PPP and fuel
Precision
reduces the impact on the environment
enables precision farming
as well as machine automation
1/8
#1 app on Google Play
For every farmer
85 000 eFarmers from 1ha to 250,000ha, from 140 countries want to be precise and professional
Italy
Australia United States
Chile South Africa
2/8
Agtech with a smartphone
eFarmer enables
- Precise machinery operation
- Precise surveying and mapping
- Cloud analytics
- at 10x less capital expense than competition (Trimble, Leica)
Smartphone
RTKantenna
RTK base station
3/8
12% of farmers do not have GPS, 31% have a smartphone
Market opportunity
TAM = € 33bn
AAM = € 26m
SAM = € 6bnAAM – € 26m - young farmers / Android users / country X
SAM – farmers and smartphone users who do not own GPS
TAM – all farmers who do not have GPS
4/8
18 months – country X market leader
Milestones / Roadmap• 85 000
downloads• €160 000 sales• 261 clients
18 months
• 120 000 downloads• €600 000 sales• 600 clients
• > 1 million capital raised for production, marketing and R&D
• Country X and distribution chosen
• First bach of FieldBEE and autosteer shipped
6 months
• 200 000 downloads
• €2 200 000 sales• 2 000 clients
• Processes in place, key people hired
• 50% of Country X market• > 5 million expansion
capital raised
5/8
Hardware and SaaS
Business Model
Farmer owned base stations / networkGNSS receivers
Autosteer / VRAetc
etc
HARDWARE SaaS
6/8
eFarmer - price and technology leader
Competition
7/8
World’s leading company in precision technology for many industries including agriculture
World’s #1 tractor company
Machinery Guide
Similar concept
Alexey Bogatyrov - CTO
Architect, Oracle EBS consultant and developer, management of software teams, precision agriculture since 2008. https
://ua.linkedin.com/in/alexey-bogatyryov-401a435
Michael Utkin - CEO
Previously CFO of a public company. 12+ experience in management and entrepreneurship.https://nl.linkedin.com/in/utkin. 2 years in precision agriculture
- 15 employees- 8 full time- 7 part time
- Headquartered in the Netherlands- Development in Ukraine
Evgeni Utkin – Eastern European technology pioneer
Bohdan Kupych – Ukraine Venture Capital and Private Equity Association
Team
Management
Board Members
8/8
Michael Utkin CEO
[email protected] – utkinmwww.efarmer.mobi
eFarmer B.V.
European Space AgencyBusiness Incubation Centre,Kapteynstraat 1,2201 BB Noordwijk,The Netherlands