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Categories
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Energy, Financial Services, Technology
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Location
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London, United Kingdom
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No. Investors
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554
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Valuation
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£15,000,000
Company Description
Water is a critical resource for food production, and climate change is forcing us to think differently. We all felt the recent heat waves across the world & here in the UK with temperatures hitting an all-time high. We've seen the news of floods & droughts threatening our planet’s livelihood. Rethinking how we irrigate our crops & produce our food sustainably is critical to meeting the needs of the world’s population which is expected to grow to 10B people by 2050. That's where ALVÁTECH comes in.
With their innovative award-winning products ALVÁTECH is reimagining water technology to help the 570 million farmers worldwide grow more, save water & improve soil health.
ALVÁTECH disrupts water molecules in an ecological way, runs off solar energy and is chemical-free. Backed by science and phenomenal results on the ground, they're now raising to scale up in the projected $15.6B precision farming market (by 2030) with the aim of becoming a global industry leader that'll help reshape the future of farming.
Monetisation strategy
ALVÁTECH's dual business model has been tailored to the needs and business culture of the agriculture industry, offering leasing and purchase options.
Their sales channels include a growing network of distributors in selected countries, referral schemes, as well as collaborations with business partners, NGOs and governments.
ALVÁTECH aims to grow and diversify their product offering with plans to launch an e-commerce platform to support Hydroponics & Vertical Farming sales.
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Key Deal Facts
Precision Agriculture Market to be worth USD 15.6 Billion by 2030, Installations and distribution agreements across six continents, Won several international AgTech awards, Technology validated by industry research institutions