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Agcurate BV

Agcurate BV

Agcurate BV
Category
Business Description
We are a 3-year old, mostly bootstrapped supercalifragilisticexpialidocious Dutch startup, founded by Turkish and Azerbaijani nationals; operating in agritech, offering AI tools to Food Producers, specifically those who do contract farming.

Via our AI co-pilot FieldOps, we help Food Producers to monitor their ROI on agricultural operations consistently, by providing them with actionable insights on their fields using satellite imagery and AI.
Long Business Description

Food Producers globally rely on planned and calculated flow of the ingredients to produce the food we love to consume on a daily basis.

They have to monitor their investment constantly and they have to make sure the farmers have enough resources and knowledge to cultivate the promised yield.

As a result, they do their best to have a 360 view of their operations. Yet, the area is too big.

In order to monitor thousands of hectares of cultivated land, agriculture operations teams spend about fourteen thousand hours per season traveling about 20 thousand kilometers per month for 4-6 months.

To put it into perspective, that’s the distance between Berlin and Prague traveled 3 times. Per day!

Apart from this, resources are limited and have to be used according to a strict planning; For example, the water waste accumulated from incorrect irrigation is in itself a financial burden, as well as it can damage the yield and may result in degradation of soil.

In addition to that, the climate doesn’t help either. Climate change has adverse effects on agriculture globally on so many levels. For example, changing weather conditions make the whole operation volatile with sudden drought or frost or floods. Or rising CO2 may result in bigger yields in some regions but it decreases the nutritional value of the crops overall.

In light of these, it is pretty clear that to cover the entirety of the operations doing only manual work is costly and massively time consuming.

We overcome all of these challenges and provide even more to our customers by simply focusing on Satellite Imageries, or a.k.a Earth Observation Technology and combining it with AI.

Combining the strength of this data medium with the surrounding product, FieldOps, with all of its underlying tools, we bring the 360 view of the entirety of the operation into the fingertips of organizations.

Based on our calculations, FieldOps can divide the time they spend traveling into half, save them 10-20% of their expenditure on agricultural operations and make sure they plan ahead of unforeseen challenges.

Using satellite imagery and AI, FieldOps monitors croplands on a daily basis and provides insights both during the season and at the end of it.

Currently, we are proficient on eight crops, providing AI-powered insights on them across multiple regions in two countries.

We are currently looking at doing 3 research projects this year on understanding two crops in three different regions with our potential customers.

In 2024, our key aim is to extend our services to analyzing crops in Eastern Europe, Asia and Africa, covering 12 different crops.

We are two founders with a small team of 4 people who work in the intersection of remote sensing, software engineering, AI, product and business development.

Berk Ulker, oversees the AI and machine learning operations at the company. He has 9 years corporate work experience in AI-based technologies and he is currently finishing his Ph.D studies in AI in Eindhoven University in the same field as Agcurate.

Metin Emenullahi, coming from Computer Science background and mostly working in the technical side, has been a startup entrepreneur for approximately 12 years now. He oversees product management, finance and strategy at the company.

We also constantly collaborate with the academy and researchers. These researchers help us on various matters from agronomy to AI, from getting field and crop information to providing us with a consultation on various topics of science.

We are currently raising a pre-seed round to fund our efforts until PMF. We’ll use the funds to finance mainly our sales & marketing teams and operations, while also covering the cost of revenue by fueling product development.

In our efforts to reach PMF, we expect to onboard 50 customers with approximately 10000 ha of land under management.

Based in
Arnhem
Tags
Agritech, AI, food producers, field operations
Total Funding
Between €1-€100K
Founded
2023
Website
agcurate.com
Company Status
Active
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