A Bulgarian company offers an automated system for precise irrigation, fertigation and climate control for various crops under distribution services agreement and commercial agency agreement

A Bulgarian company, founded in 2020 and providing IT product in the agricultural sector is developing an automated system for precise irrigation, fertigation and climate control for various crops - farm automation platform that helps farmers to become more profitable and have more free time for the things that matter. The product is a controller that connects to and controls the farm infrastructure for irrigation, fertigation and climate control. A specialized software allows the farmers to automate and monitor remotely all these processes. With it, farmers create their irrigation and fertigation programs and schedules and define their target temperature and humidity levels (for greenhouses only). The system then takes over the management and control of the connected infrastructure so the schedules get executed and targets met, and alarms get triggered in case of infrastructure malfunctioning or other unexpected issues. With a growing Earth population and limited land to grow agricultural produce on, this product is the solution that can address the efficiency, labor shortage and predictability issues of farmers. This will ensure sustainable agricultural production and profitability of the agricultural business in the long run. Two of the founders of this company are also founders of a software development company with 15 years of history and 100+ completed projects. Throughout the recent years the company has been primarily focused on Internet of Things development. The third founder is the company's agritech and sales specialist. He spent the last 10 years in the agri-tech sector, selling and integrating crop technology management solutions across Eastern Europe, working for a leading Israeli company. He also has 15 years of entrepreneurial experience in IT infrastructure projects. The key functionalities of the product are: • Irrigation & Fertigation - Recipes for fertigation - allow to precisely set up fertigation processes by time, quantity, proportional quantity and other criteria - Programs - perform irrigation with or without fertigation recipes specific to the crop grown - Schedules - for automated recurring running of irrigation and fertigation - Wireless control of valves and sensors - ensure low installation costs and easy maintenance • Climate control (Greenhouses only) - Target temperature & humidity - complete management and synchronization of all climate control devices in the greenhouse, so targets are constantly met - Strategies for vents, circulation fans, misting and thermal screens - allow to define specific behavior of all devices throughout the different times of the day, depending on high/low temperatures, humidity, etc. - Weather station - for monitoring of the external environment The company is expanding to other countries and is looking for new international partners. The business partners will help with the identification of the right contacts, initial introductions and presales activities like on-site or online presentations. The distribution partners will have non-exclusive rights to sell the solutions in one or several territories. They will also provide integration services, training and Level 1 technical support. Alternatively, to distribution, the company is also looking for commercial agents to represent it and its products to the customers. The expected outcomes of these partnerships are: • Increased retention rates • Improved acquisition rates • Increased revenue • Reduced costs • Process improvements or efficiencies • Increased profitability • Increased word of mouth • Increased conversion • More upsell and cross-sell opportunities • Increased market share through the identification of new sales channels • Expanding into new markets or regions