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TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment - Business - Nairaland

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TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by LegendHero(m): 8:57pm On Sep 22, 2020
A software firm, AirSmat has received $100,000 from Zetogon, a United Kingdom (UK)-based firm, as seed investment to help the organization deliver services in Africa. The firm will use the funds to get SmatCrows to customers in Nigeria and support the product launch.

Its Co-founder and Chief Technology Officer, Adeoluwa Ibikunle said: “The new investment will enable AirSmat to further build on its position as a startup that helps customers to proactively take business decision backed by intelligence obtained from AirSmat AI-based platform. We are starting out with food security for the continent; our solution allows smart farmers to gain control of their crop yield and general farming activities.

“Our innovative and creative approach will use world-class AI-powered software aimed at improving the efficiency of African farmers in terms of yields and productivity using the power of AirSmat Artificial Intelligent (AAI)-driven software. The software will provide timely information about the state of their crops and general operations on their farmlands.’’

“Nigeria comes first with an official launch of our flagship product called Smatcrows in October and a similar launch would be carried out in other African countries by Q2 2021,’’ Ibikunle said.

In a statement, Zetogon said: “The funds will be used to support the launch of the software services designed to change the agricultural landscape by providing AI driven data that will add value to farming and all agro-allied businesses.”

The new product innovation is a crucial area of focus for AirSmat, which will enable farmers to get more information about their farmlands, thus ensuring timely decision making and, ultimately, increase crop yield.

AirSmat was founded with the belief that drones will shape the future. It is aimed at providing cutting-edge solutions to rapidly-growing industries adopting drones into daily operations by helping to transform the way businesses collect, manage, and interpret drone data.

Source: https://thenationonlineng.net/firm-gets-100000-investment/

CC: Mynd44 OAM4J

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Re: TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by Philipponzaghi: 9:08pm On Sep 22, 2020
Nice one!

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Re: TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by Karma0994: 9:12pm On Sep 22, 2020
The Yoruba people are like the technology and IT hub of Africa.

When you mention startups in Africa, you should be sure there will always be imprints of Yorubas at the topmost level on aggregate.

How exactly are theses guys getting all this investments?

Someone should please let me know.

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Re: TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by longetivity(m): 9:50pm On Sep 22, 2020
more wins to them

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Re: TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by ABULARdotCOM: 10:26pm On Sep 22, 2020
Karma0994:
The Yoruba people are like the technology and IT hub of Africa.

When you mention startups in Africa, you should be sure there will always be imprints of Yorubas at the topmost level on aggregate.

How exactly are theses guys getting all this investments?

Someone should please let me know.

Because technology would help us develop our continent. It is our future! Everyone in Africa should embrace it. Most of those chasing politics would regret their decision in about 10 years time.

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Re: TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by LegendHero(m): 10:37pm On Sep 22, 2020
ABULARdotCOM:


Because technology would help us develop our continent. It is our future! Everyone in Africa should embrace it. Most of those chasing politics would regret their decision in about 10 years time.

You are right. But Technology should be our present rather than the future and we just need to start using it to solve problems facing us in Nigeria while also retaining the economic aspect of it.

Take the case of ghost workers for example, there should have been a IT solution devised by these guys to tackle the problem because most of those things is not rocket science. But again, Nigeria seems to be a place where great ideas might not see the light of the day because of the corruption that already inflicted most Nigerians like cancer both government sector, private sector, and the citizen as a whole.

That is just an example tho, there are numerous indigenous problems we can solve with IT in Nigeria.

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Re: TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by ABULARdotCOM: 10:45pm On Sep 22, 2020
LegendHero:


You are right. But Technology should be our present rather than the future and we just need to start using it to solve problems facing us in Nigeria while also retaining the economic aspect of it.

Take the case of ghost workers for example, there should have been a IT solution devised by these guys to tackle the problem because most of those things is not rocket science. But again, Nigeria seems to be a place where great ideas might not see the light of the day because of the corruption that already inflicted most Nigerians like cancer both government sector, private sector, and the citizen as a whole.

That is just an example tho, there are numerous indigenous problems we can solve with IT in Nigeria.

Ghost workers, election violence, and other little problems the country faces can be easily solved by Nigerians, but most of our political leaders are not progressive. They all benefit from this sick system, so the last thing they want is changing the system.

Imagine turning an ordinary election to war? For what?

The future I meant was more complex technology like using AI to solve food security in the continent. Just like Adeoluwa Ibikunle and his team members are trying to do.

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Re: TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by LegendHero(m): 10:49pm On Sep 22, 2020
ABULARdotCOM:


Ghost workers, election violence, and other little problems the country faces can be easily solved by Nigerians, but most of our political leaders are not progressive. They all benefit from this sick system, so the last thing they want is changing the system.

Imagine turning an ordinary election to war? For what?

Yeah Nigeria matter tire person. Our problem is multi-directional.

The more you try to proffer solutions, the more confused you become because of the factors involved.

3 Likes

Re: TheNation: A Nigerian Startup AirSmat Raises $100,000 in Seed Investment by ABULARdotCOM: 10:50pm On Sep 22, 2020
LegendHero:


Yeah Nigeria matter tire person. Our problem is multi-directional.

The more you try to proffer solutions, the more confused you become because of the factors involved.

grin

3 Likes

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