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Farmdar

Consider Farmdar to be Bloomberg for agriculture.

Pakistan
Market: Farming, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 09.07.2024
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Idea

We use AI and space technologies for sustainable agriculture at scale

Current Status

+$500,000 revenue till date. On track for $1,500,000 revenue. +500 million acres land coverage. Operations in Brazil and Pakistan. Working with leading MNC Seed/CP in Pakistan and APAC.

Market

Direct to farmer (small holder, large farmers and corporate)
B2B (Agri-linked enterprises)
Government (Conservation, green initiatives, farmer financial inclusion)

Problem or Opportunity

Global population will hit 10 billion in 30 years. We will need 60-100% more food, which will require agriculture on 8x the landmass of Pakistan. Doing so will have a catastrophic effect on climate. The way we grow food is completely unsustainable, inefficient and wasteful. The problem we are solving is global food sustainability and associated climate impact.

Solution (product or service)

We using space technologies and ai to create actionable data that increases yield, reduces waste, optimises agri businesses and helps mitigate the impact of agriculture on climate change.

Competitors

Ricult. Bakhabar Kissan.

Advantages or differentiators

We solve the underlying problem rather than focusing on solutions post-harvest.

Finance

Freemium for B2C (Farmers) and DaaS for B2B (Govt and Corporates)

Business model

Per hectare and SaaS

Money will be spent on

Digital coverage of 20 million acres in 2 years.
Acquisition of 2 million farmers in 2 years.
Team.
Marketing + Operational.

Offer for investor

15% equity.

Risks

Variation in global data protection regulations.

Incubation/Acceleration programs accomplishment

Founder Institute
PFAN
NIC Karachi
Microsoft GrowthX Accelerator
Google for Startups

Won the competition and other awards

Unicorn Pakistan

Photos

Photo 1 - Consider Farmdar to be Bloomberg for agriculture.

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation