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A smart-beehive-sensor startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
The Daily Dealflow newsletter delivers one startup a day, every work day to your inbox and is presented by Silicon Valley Bank.
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, our Podcast & more.
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OSBeehives
IoT sensors and software platform for beekeepers
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Honey bees help produce 1/3 of our foods, but 40% of all colonies die every year. We can help by using smart devices, machine learning, and big data to optimize the management of commercial honey farms. We're bringing automation to an industry that relies 100% on manual labor, which means this is a huge opportunity to make some money and do some good for humanity and the planet.
Each beehive is valued at $500, but commercial beekeepers lose 40% of their colonies each year. Environmental conditions are worsening, which puts pressure on this vital industry. It's only been recently possible for us to combine affordable IoT tech, data science, and practical knowledge from industry veterans to make a platform that reduces costs, increases yield, and prevents bee losses.
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What Problem Are They Solving?
Labor costs are 35% of revenues and each hive in a commercial apiary needs to be manually inspected every 10 days (imagine inspecting 80,000 hives). Our AI monitoring system not only prioritizes hives that actually need attention, which saves costs, but it also provides data-driven recommendations to optimize the way honey farms are managed.
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⚙️ Product Stage
First Full Release
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🏭 Industries
AgTech, Analytics, IoT
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🤑 Fundraising Status
Actively raising
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💸 Total Funding Range To Date
$100k-250k
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Big Wins
We have an LOI for an order for 100k units (250k unit potential) after a pilot project that starts in January/February.
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Contact the Founder:
Aaron Makaruk
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🙇 Thank you to Boomtown Boulder for referring this great startup to Startup of the Year!
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