No ad to show here.

Nigerian based drone tech startup secures $100 000 funding

A Nigerian based drone software and tech startup has received funding from a company based in the UK. The startup titled, Airsmat, received $100 000 (+/-R1655150.00) in pre-seed round funding from the UK based venture capital firm, Zetagon.

Airsmat was founded with the aim of using drones to provide modern solutions to fast-growing industries in Nigeria and the rest of Africa

No ad to show here.

The startup aims to encourage the use of drones in various industries. Drone technology has the abiltiy to assist and positively change the way in which companies conduct their business. 

The investment will assist the startup in achieving its goals for Africa and is aimed at their division, SmatCrows. 

The startup’s main digital platform, SmatCrows, will first launch in Nigeria. According to reports, the startup plans to launch their innovative platform across the rest of the continent during the second quarter of 2021. 

Airsmat provides drone solutions

The recently founded startup focuses on providing solutions through the use of drone technology and software. 

In a statement reported on African Business communities , Adeoluwa Ibikunle, the chief technoogy officer of Airsmat, explains that the investement will assist the startup in upscaling their business model. 

Innovative solutions for farmers

Ibikunle further explained that they aim to begin with creating food security within Africa through their AI-based platform. This platform will allow small farmers to have more control over their harvested crop and their other farming activities.

According to reports, the platform will be able to provide the latest and most accurate information for small farmers. This insightful data includes levels of productivity and crop yields. 

The Airsmat platform will prove crucial to small farming activities in Nigeria as farmers will be able to use this information to make better-informed decisions regarding their farmland.

Read more: Tech startup scoops up impact funding to improve Kenyan farming
Read more: Business Partners’ VC fund helps farming duo more than weather the drought

Feature image: Airsmat, Facebook

No ad to show here.



Sign up to our newsletter to get the latest in digital insights. sign up

Welcome to Ventureburn

Sign up to our newsletter to get the latest in digital insights.

Exit mobile version