Photo - Valinor Earth
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Valinor Earth

Satellite Imagery tools for Smart and Precision Farming.

India, Karnataka
Market: Artificial Intelligence
Stage of the project: Operating business

Date of last change: 24.05.2024
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Idea

At Valinor Earth, we build AI models to help businesses get $4 worth of satellite data for every $1 spent.

Current Status

Onboarded two customers, worth a total of $195,000 in annual revenue.

Market

Starting with the $250+ Billion Indian Agriculture Market, with plans to expand to APAC and African countries.

B>B>C format of working with State Governments and helping farmers by using the existing initiatives earmarked for Agriculture Technology Advancements.

Private Farm Management companies.

Problem or Opportunity

Companies today are struggling with authentic and reliable climate data, facing potential costs exceeding a trillion dollars over the next two years. While satellite data is the gold standard, it remains extremely expensive and inaccessible for most businesses.

Solution (product or service)

At Valinor Earth, we’re changing that. Our proprietary AI models enhance satellite data by over 400%, massively reducing data acquisition costs. Our intuitive dashboards and enterprise-friendly APIs provide businesses with "Trust at Scale" to achieve their climate goals. Best of all, businesses can save up to 75% on satellite data costs with Valinor Earth.

Competitors

SatSure, https://satsure.co (India)
Descartes Labs, https://descarteslabs.com/ (USA)
Farmers Edge, https://www.farmersedge.ca/ (USA)
Taranis, https://taranis.ag (Israel)
CropX, https://www.cropx.com (Israel)
Prospera, https://prospera.ag (Israel)
Gamaya, http://gamaya.com (Switzerland)
Vito, https://vito.be/ (Switzerland)
SwiftGeospatial, https://swiftgeospatial.solutions/ (Africa)

Advantages or differentiators

1. We believe in "Be Kind" and "Be Humane" to farmers. We work for the farmers, while others treat farmers as their source of revenue.

2. Government funds for Agriculture are validated through researchers at State Universities. We work with them and augmenting their efforts, which helps us plug into the government funds for Agriculture. Agriculture advancement funds are already earmarked but almost all Indian States are unable to spend the funds each year.

Finance

1. We will have subscription tiers per acre of a farm, starting from a base subscription of $0.99 per hectare per month.

For instance, India's tiniest state (Manipur) has about 336,755 acres of rice cultivation. So, we have a market of about $135,000 per month to target for just rice in that tiny region. Manipur's size is 0.68% of India.

2. Customized solutions for private farmers. Variable Payment on Tools, Services, Implementation, and Maintenance Contracts.

Business model

Start with enterprise contracts augmenting businesses with technology in their Climate Grants effort.

SaaS (B2B) targeting three customer archtypes in the annual price points of (i) $100,000 (ii) $10,000 and (iii) $1,000

Money will be spent on

1. Partnership with a few key Satellite Imagery data providers such as planet.com and/or Sentinel Hub.

2. Team/Product Growth.

3. Sales.

Offer for investor

SAFE(*), if less than $1 Million.
Equity if $2 Million or above.

* https://www.ycombinator.com/documents/

Risks

Government bureaucracy.
Monsoon Clouds will need costlier solutions than existing satellite imagery data.

Incubation/Acceleration programs accomplishment

Startup Bootcamp, Amsterdam (RNZ’24 Cohort)

Photos

Photo 1 - Satellite Imagery tools for Smart and Precision Farming.
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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
Photos
Product Video
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