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GET A PIECE OF EDYZA
A high density wireless sensor platform
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TEAM
Atul Patel • CEO & Co-Founder
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Mohammed Rana Basheer • CTO & Co-Founder
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Reasons to Invest
- The Indoor farming market was valued at $121.32 billion in 2021 and is expected to reach $167.78 billion by 2026, growing at a compound annual growth rate of 5.4% over the forecast period*
- The global IoT market is expected to reach a value of $1.3 trillion by 2026 from $ 761.4 billion in 2020 at a CAGR of 10.53% during the forecast period (2021-2026)**
- Edyza has a proven team of tech innovators and a revolutionary network of sensors that was one of the favorite startups of the Alchemist Accelerator Batch 15
Overview
The next generation of sensors
We created a new way to analyze our physical world by enabling real-time digital representations of any environment or structure using our new wireless technology. Where most sensors on the markets can’t be deployed in high numbers, our low-cost, sensors are designed to be deployed on a huge scale, hence the term high-density. Our high-density internet of things (HD-IoT) hardware and software make it easy to deploy thousands of wireless sensors that connect with each other through our proprietary wireless channel method. The nodes form a massive wireless network that adapts automatically to interference, signal strength, and power consumption.
The Problem
Current sensors aren’t made to scale up
Everything, from what you eat, to your security, to your health are all tracked by sensors. However, these sensors are still reliant on communication technology that was designed to interconnect a few wireless devices. Additionally, the data they collect are not properly time or position tagged, so they lose the ability to perform spatio-temporal analysis, thus losing rich information about the tracked data. Energy management is also a major limitation as many sensing applications are still tethered to a power cable, which limits where these sensors can be deployed.
Another hindrance that plagues current sensors is their archaic wireless protocol. The wireless technologies such as Bluetooth, Zigbee, and WiFi are not designed to be deployed in the hundreds or thousands, giving companies a difficult challenge when trying to scale their businesses. This design flaw in many sensors limits companies’ ability to incorporate them into their operating platforms since most sensors are designed to be deployed in small numbers. Even worse, most sensor systems use flat or 2D reporting tools despite tracking the metrics of a 3D world.
THE SOLUTION
A low-cost, high density network of sensors
*Images are computer generated demo versions. Product is still currently under development
Edyza solves these problems with an affordable, low power wireless networking solution. Our high-density wireless platform can interconnect hundreds of battery-operated devices and also collect precise time and position tagged data. We also offer a sensor management service that monitors the performance, operation, and health of our sensors to help our customers avoid the painful and costlier parts of sensor upkeep.
Edyza’s HD-IoT wireless technology has been tested for as many as 2,000 devices in 400 square feet. We make it easy to deploy our sensors by developing our own software in the chips, edge computing gateway, and cloud. Even better, because our data is highly time synchronized and spatially and structurally aware, we can provide 3D visualizations making analyzing and acting on the data much easier.
To generate profit, we provide a monthly subscription that includes our hardware and software. This monthly subscription provides the sensor and gateway hardware as well as a license to our edge and cloud platform. Our sensors are priced at $14 per month and can provide humidity, temperature, pressure, and accelerometer sensing. We also charge a monthly fee of $199-$399 based on the software features required.
OUR TRACTION
Off to a stellar start
Edyza has been turning heads from its inception, becoming one of the favorite startups of the Alchemist Accelerator Batch 15. We have even been highlighted by TechCrunch! After a successful unpaid pilot for 6 months, we have finally gone back to market with our initial subscription clients starting in August 2021. We have multiple assigned patents and several more in the pipeline.
From a technological standpoint, we have proven ourselves in large and small deployments with multistate indoor agriculture farms. We have a growing pipeline of agricultural companies, including large publicly traded medical cannabis cultivators which we hope will help us achieve a 40% MoM over the next 6 months.
THE MARKET
Our technology thrives when scaled on a massive level
*Images are computer generated demo versions. Product is still currently under development
The Edyza market segment includes all the sensor providers in the industrial and commercial markets. There is no direct competitor that deploys sensors at the level of our deployment scale presently. This is where our innovative tech really stands out. Our technology is meant to be deployed on a large scale.
Edyza’s high density internet of things is an alchemy of physical sensors, our high density wireless network, edge computing, and the dashboard that distills all this data for the users. Moreover, our network is self-organizing, meaning sensors communicate with their neighbors to optimize their locations within the network. This platform thrives in fast-moving arenas like indoor farms or factories, where there are many moving parts within a confined space.
*Images are computer generated demo versions. Product is still currently under development
The dashboard provides a wide range of data from average readings to historical trend data graphs of every sensor in the network. The dashboard also notifies the users whenever one of our sensors captures anything abnormal in an environment and provides the tools to adapt a space’s conditions.
Our crown jewel is our unique wireless protocol, which allows for us to have such a high density of sensors. We are able to accomplish this through transmit power throttling, and Time Division Multiple Access communication, which ensures that transmitters do not overlap each other. The lack of overlap allows for smoother communication of data between sensors as we scale the system, thus giving users a more comprehensive IoT to keep track of their work spaces.
WHY INVEST
The sensor of tomorrow
Edyza’s low-cost, high-density sensors have already proven to be incredibly efficient in the farming space, but our ambitions transcend agriculture. Our vision is to enable an age of ambient computing with our low power, high density wireless sensors. We want to power a world through your AR glasses, business analysis engines, and enterprise management systems. Help usher in the sensor revolution and become a shareholder of Edyza.
ABOUT
HEADQUARTERS
5251 California Ave Ste 210
Irvine, CA 92620
WEBSITE
View Site
TERMS
Edyza
Overview
PRICE PER SHARE
$1.41
DEADLINE
Mar. 1, 2022 at 7:59 AM UTC
VALUATION
$13.96M
FUNDING GOAL
$10K - $1.07M
Breakdown
MIN INVESTMENT
$249.57
MAX INVESTMENT
$106,999.26
MIN NUMBER OF SHARES OFFERED
7,092
MAX NUMBER OF SHARES OFFERED
758,865
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Investor shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Investor’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Investor, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Investor pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Investor is an individual, will survive the death, incompetency and disability of the Investor and, so long as the Investor is an entity, will survive the merger or reorganization of the Investor or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Bird Bonus
Invest within the first 14 days and receive an additional 15% bonus shares.
Super Early Bird Bonus
Invest within the next 7 days and receive an additional 10% bonus shares.
Early Bird Bonus
Invest within the next 3 days and receive an additional 5% bonus shares.
Amount-Based:
$5,000+
5% Bonus Shares
$10,000+
10% Bonus Shares
$20,000+
Receive 20% bonus shares
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Edyza will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.41 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $141. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
PRESS
Edyza Integrates High Density Wireless Sensor Network Solution with Premio Ushering a New Level of IoT Edge Computing
Edyza has developed an end-to-end solution that utilizes its proprietary wireless communication tuned for high density sensor networks enabling the collection of granular spatially correlated sensor data of environments that require precision controls.
REWARDS
Venture Club
Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$5,000
$5,000+
5% Bonus Shares
$10,000
$10,000+
10% Bonus Shares
$20,000
$20,000+
Receive 20% bonus shares
JOIN THE DISCUSSION
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Ashutosh Goyal
4 years ago
Thanks for answering my earlier question. You have mentioned that there is no competitors in the market which is unbelievable as there are so many companies providing industrial solutions using sensors. Can you please clarify your statement
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Patrick Brady
4 years ago
You've described a system of sensors linked to systems for the purpose of environmental condition control, hence the focus on agriculture. Do you intend to market to other industries requiring environmental controls and are you planning to go domestic at all, i.e. home scaled IoT systems?
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Ashutosh Goyal
4 years ago
Concept looks interesting but you don't have a product into the market yet. With just prototype, share price of $1.41 looks costly. By when you are expecting to prototype to complete and launch product into market. You have mentioned it's already proven in farming industry so question is how it happened without having a actual product in hand
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Varun Gupta
3 years ago
Can you please share YTD revenue and projection for 2022?
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