Tuesday, September 27, 2022

Space AG wants to reach America with AgTech software

“Now you can remotely monitor irrigation systems, control crops, view crops from satellites. Access to technology through mobile apps is already common among major agri-exporters.he adds.

Space Ag It started as a drone company aimed at the agriculture sector. And while this is no longer the company’s core business, the effort allowed them to understand the needs of farmers, which was key to the growth of their current main product: Raptor Farms.

“It’s a digital app that replaces the ‘field notebook’, which allows you to record information about pests or diseases in crops on site, harvested kilos, quality, irrigation and much more. That’s it, all the information that an appraiser compiles”Indica.

The app communicates with a web platform (RaptorView), which graphs the information on the map and “paints” each batch as a traffic light based on variables. “This process minimizes errors and allows for immediate decision making”Reassures Urutia.

nowadays, Space Ag It has many of the country’s largest agro-exporters as customers, such as Beta, El Pedregal, Mission Avocado, Hortifruit and Driscoll, among others that produce high-value crops. Thus, its technology is between 4,000 and 5,000 hectares.

The Peruvian market represents 70% of startup income, which also has operations and country managers in Chile and Colombia. Space AG also has customers in Mexico, where it aims to expand more strongly, and is looking to enter the United States as well.

In the past year, Space AG has doubled its sales and multiplied its number of users by 4.5 (today they are over 1,000). This year they calculated that the exponential growth would continue and they could have 3,000 to 5,000 users (people inside companies who upload information to the app).

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  • Space AG has received investment from SVG Ventures. “This capital not only reaffirms the commitment of this leading fund, but also opens doors to the largest companies in the world with whom they interact”Indicates Urutia.
  • In this way, Space AG will be able to grow at scale and customers in more countries.
  • The startup has also signed an agreement with irrigation company Netafim that will facilitate access to thousands of growers and provide them with their technology.
Nation World News Desk
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