Financial model
Grants / angels / bootstrapping ~ need 35k
Initial grant should give us ability to invest in
- Hardware R&D for 👁️🗨️Entrance Observer
- Need testing of different GPUs and cameras for best performance/cost - 🤖Which edge AI hardware to use
- Need to develop and test different 🔪Design
- Field testing with 🧑🏻🚀Beekeepers for field testing
- Collecting 💽Datasets for re-training
- Hosting with GPU for inference in 📱Web-app - Own cheap cloud GPU inferencing platform
- GPU cluster to train AI models
- Some marketing exposure to get traction & customer feedback
Permanent team pre-seed investment ~ need 1M
- Implementing most of 💡Ideas and Features
- Staff salaries for 2 years of R&D
- Staff workstations (Macs)
- Office/lab rent (Workland / Tehnopol)
- Qualitative and scalability improvements
- Marketing expansion
- Tools & licenses - 💸Internal tools & cloud services
- 🧿Robotic Beehive prototype
Financial model with month-by-month breakdown
This is a financial plan for next 5 years. Beekeeping is a seasonal activity, so are the expenses should be lean too.