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Ready to Scale Agritech Business
As population growth continues to demand increasing volumes of food to be produced from a finite resource, farmers/Producer Organisations (POs)/supermarkets are seeking labour and supply efficiencies wherever possible. Cropdesk Technologies is in development of two proprietary cloud platforms that can provide these across the delivery and supply chain.

Cropdesk Production: multi-faceted cloud-based tool, providing ‘real time’ reporting on field, crop and personnel performance – it halves the time required to capture field data, enabling substantial cost-effective decisions to be made for current production and future cropping. Core functionality is developed and deployed across paying BETA customers.

Cropdesk Predict: AI software platform enabling farmers and POs to predict exactly when a crop will harvest and how much week by week. Forecasts harvest dates and yields with unparalleled accuracy, providing users and supply chain unique access to accurate real-time yield and forecast data.

Traction/Milestones/Numbers:
• Customers include twelve farms currently operating the system, across varying products and business sizes.
• Cropdesk will turn cash positive and turn in to profit in Year 2. A net profit >£215,000 is forecast by Year 3.
• Expert advisory board includes East Malling Research (UK’s leading research organisation for horticulture), WeatherQuest (private weather forecasting and analysis company) and notable universities/influential soft fruit growers.
• Cropdesk’s founder is a third generation, award winning farmer in the soft fruit business (invested £90k+ in the business to date).

We are raising a round of funding for Cropdesk to maximize our recent momentum, continue further development of Cropdesk Production and Predict, as well as further enhance market reach.

We are seeking a £300,000 investment, to give it a runway of some 12-months and support the further development of Cropdesk Production and Predict as well as on-going commercialisation of Cropdesk. The offer is for ordinary shares in the company, with a pre-money valuation of £1,925,000.
Total Funding Required: £300,000.00
Min. per Investor: £60,000.00
Industry: Agriculture
Sec. Industry: Computer Software
Region: South West
Proposal ID: 22567
Investment Reason: Start-Up
Proposal Status:
 
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