Photo - Seabex
57428

Seabex

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

Date of last change: 21.05.2022
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Idea

Seabex is developing the first AI that makes precision irrigation sensorless and as much accurate as measuring the ground truth with sensors.

Current Status

+50 farmers using the platform.
Signed a distribution partnership with the Chamber of Agriculture of Loiret (02-2022), on sharing revenue basis to sell retiring by Seabex to all farmers in France and in other targeted countries.
This means we locked 60% of the French market, representing a potential of 40,000 recurring annual subscriptions and, therefore, €6 million in turnover over the next three years.
Seabex is positioned as a leader in precision irrigation solutions in Tunisia with initial tractions.
A new ongoing project in Benin to equip 400 female farmers with Seabex.

Problem or Opportunity

We solve the impact of climate change on farmers' irrigation decisions. unprecise irrigation is causing between 10-50% of inefficiency that impacts productivity, yield, use of resources, and the farmer's profitability.

Solution (product or service)

It's effortless through the platform and the mobile application. First, you create your land and your production cycle, and then, you start to receive irrigation recommendations in history, current, and forecast. These recommendations are specific and based on the compilation of meteorological, soil, and plant data using or not sensors. The recommendations are in mm/L and Mm3, and we can translate them into hours and we really alert the farmer to the more critical phases in the cycle where the plant is more sensitive to the water stress.

Business model

Our main product is the platform we offer in an annual subscription in production cycle increments. It starts at €250 for platform-only recommendations, and The recommendations price sent by SMS is according to the country.
IOT stations are optional and it's available in one time payment

Satellite imagery offers us a subscription per hectare per year by index level from €2.99 for the 2 indexes with a one-year history for the first year.

Incubation/Acceleration programs accomplishment

Orange fab accelerator
Saxo45
Wadi accelerator by OTF ( Oman Technology Fund)
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