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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
Ukraine, Odessa region
Market: Farming, Artificial Intelligence
Stage of the project: Idea or something is already done
Date of last change: 11.11.2022
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.
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
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.
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
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
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%
Team or Management
Risks
-
Incubation/Acceleration programs accomplishment
No
Won the competition and other awards
No
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