Photo - FitoScan
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FitoScan

AI Service for the diagnosis of plant diseases at the tissue

Ukraine, Odessa region
Market: Farming, Artificial Intelligence
Stage of the project: Idea or something is already done

Date of last change: 11.11.2022
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Idea

Scanning the internal tissues of the agricultural plant, diagnosing the pathogen, and recommending pesticide treatment

Current Status

Pre-seed

WEB platform: 1)Plant Analysis profile; 2) Seed analysis profile; 3) Automatic report generation and treatment.

Data: 1) 110 (2880 foto) types of plant diseases; 2) Analysis methodology.

Market

Farmers
TAM - 15 m farmers
SAM - 866 220 farmers
SOM - 31 790 customers for the first 5 years

Problem or Opportunity

Farmers make mistakes in diagnosing diseases and treating plants incorrectly

Solution (product or service)

Scanning the internal tissues of the agricultural plant, diagnosing the pathogen, and recommending pesticide treatment

Competitors

Plantix - diagnosis of diseases by external symptoms.

Xarvio Scouting - diagnosis of diseases by external symptoms.

Taranis SmartScout - the type of disease does not determine but fixes anomalies in the development of the plant.

EOS Crop Monitoring- the type of disease does not determine but fixes anomalies in the development of the plant.

Advantages or differentiators

FitoScan - the diagnosis of agricultural plant diseases at the tissue level

Finance

EBITDA
2024 - $ 3,67 m
2025 - $ 5,77 m
2026 - $ 7,87 m
2027 - $ 9,97 m
2028 - $ 12 m

Business model

SaaS

Sales channels:
1)Direct sales; 2)Partnership sales; 3)Opinion leaders; 4)Internet

ТАM - $22B; SAM - $ 1,3B; SOM - $ 47,6M

Money will be spent on

Development AI

Offer for investor

5-20%

Risks

-

Incubation/Acceleration programs accomplishment

No

Won the competition and other awards

No
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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
Product Video