AgriLogiq – Savant Technology Incubator

Investing in Impact

P4G has awarded the partnership with about US $300,000 in grant funding. 

AgriLogiq is an agritech startup in South Africa that combines smart hardware with a cloud-based platform to provide farmers with automated greenhouses for the entire crop lifecycle. 

The startup's innovative algorithm creates a new, more precise, interactive way of operating a greenhouse. The system integrates AI with real-time data processing, to give farmers predictive insights that allow them to make adjustments to improve farm performance and sustainability. 

AgriLogiq's greenhouse system automates farming activities such as climate control, irrigation and fertigation, and enables modern farming practices such as vertical, hydroponic and aeroponic farming systems. The system also harnesses alternate energy sources to control the internal environment thus making it less reliant on conventional energy sources. By optimizing growing conditions, it allows year-round farming and, as a result, creating opportunities for permanent employment on farms where employment would previously be seasonal. This ability to provide a holistic eco-system of hardware and software technology that is both user-friendly and affordable gives AgriLogiq a competitive advantage. 

AgriLogiq has a dual revenue model comprising hardware sales and Software as a Service (SaaS). AgriLogiq’s focus market is in countries in Southern and East Africa. The startup is also considering expansion into Zambia, Egypt and Morocco. 

During the funding period, AgriLogiq will conduct trials, assess and improve the efficiency of its hardware design. The startup will also improve the user-friendliness of its data tool interface and develop training materials to help farmers adopt the product and climate-smart practices. AgriLogiq will submit CE certification documentation to ensure the product meets international quality standards. 

In 18 months, AgriLogiq aims to raise about US $500,000 in commercial investment. Through its products, the startup will positively affect more than 1,500 people, and through automation reduce energy, water and chemical use by up to 80%. 

Savant is a seasoned venture fund and technology incubator in South Africa that will support AgriLogiq with its go-to-market strategy and access to investor networks.  

Marketdoor, a business development firm in South Africa with a focus on technology startups, is an additional partner who will bring its industry knowledge to the partnership and will provide mentoring and coaching to AgriLogiq’s leadership team. 

Lighthouse Venture Partners are a team of early-stage investing veterans, focusing on funding high impact companies poised for scale, mainly within South Africa but also across the continent. 

The partnership comprises the following partners: AgriLogiq (lead business partner); Savant (lead business partner); Marketdoor (capacity building partner); Lighthouse Venture Partners (capacity building partner).