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⚖️ Attended EstBAN Red flags in startup legal aspects webinar

· 3 min read
  • check statistics. check what are the avg rounds. wether offer is ok or not
  • term sheets usually are not binding
    • teams not understanding what they are signing is dangerous.
      • for example liquidation preference with 3x = everything goes to investors
      • new investors can be more control/agressive than older ones
  • Due Diligence - don't hide anything. Otherwise later on you can be liable for that
  • Convertibles / SAFEs. Difference. 95% are done on convertible loans in Estonia
    • Convertible loan = loan. In balance sheet it goes under obligation.
      • Section usually has maturity date if its converting or repayment.
      • Pre-money formula
    • With SAFE you usually need to repay. In some cases can be booked under equity.
      • Post-money formulas
    • Use same templates for different rounds
      • Ex. Startup Estonia.
  • Warranties - need to notify investors in case of internal issues (hiring/employees)
  • Reverse vesting - ability to buy-out one of the not efficient founders. Vesting provisions.
  • Non-competition. Protection against founder competing
  • Roles for investors/leadership
    • Management board member = super power to manage company
    • Supervisory board member = controlling body. Controls management, some veto rights
    • Observer = no voting rights. Tool for investors to get information.
  • Management Board Member Service Agreement - more flexible. No non-competition payments. Employment Contract does.
  • Liquidation preference - in EU. Investors 1x liquidation preference is ok.
  • Anti-dilution protection. In case of down-rounds, investors get more.

Tehnopol AI Accelerator Pitch

· 2 min read

We're pitching Gratheon to Tehnopol's AI Accelerator program with the following structure:

  1. 1min for elevator pitch + team introduction
  2. 1min for business plan
  3. 1min for 6-month plan, detailing what we aim to achieve during the AI Accelerator program (month by month)

AI Accelerator Plan​

Our primary goal is to make Gratheon production- and GTM ready (securing first paying customers!) by focusing on targeted product development.

We've divided our 6-month plan into three key product areas, allocating 2 months to each:

IoT Sensors Device (Months 1-2)​

  • Implement configurable alerting for anomalies (e.g., sudden weight loss)
    • Add SMS alerting channel via Twilio integration
  • Integrate Prophet AI model to predict future hive weight based on:
    • Historical weight data
    • Weather data
    • Entrance observer bee counts
    • Potential future application: bee colony demography forecasting

Why: This AI-driven approach differentiates us from existing IoT solutions in the beekeeping market and adds significant value for beekeepers.

Web Application (Months 3-4)​

  • Enhance queen detection from frame photos
    • Current limitation: Clarifai-trained model with small dataset and suboptimal precision
  • Resolve AI model stability issues (resource constraints)
    • Evaluate Clarifai cloud hosting
    • Test models on our own infrastructure
    • Optimize for CPU usage
  • Fix queen toggling functionality
  • Improve basic statistics display and data visualization

Why: These improvements will increase the value proposition for customers who manage apiaries through frame photos, providing meaningful statistics and insights that drive initial customer acquisition.

Entrance Observer (Months 5-6)​

  • Build a working pipeline for bee counting on the edge (NVIDIA Orin)
  • Develop telemetry API integration with web application
  • Implement real-time count display in web interface
  • Validate real-time inferencing capabilities

Why: This creates a new product offering (entrance camera + GPU) with minimal development effort, while establishing a foundation for future iterations on more cost-effective and energy-efficient devices (ESP32 cam, Raspberry Pi).

Expectations from AI Accelerator​

  • Refine product value proposition and messaging
  • Improve business model (pricing strategy, GTM approach, unit economics)
  • Technical guidance for AI implementation (addressing the challenges outlined above)
  • Intellectual property support (logo design, trademark registration)
  • Preparation for investor due diligence
  • Community engagement and networking opportunities

🤝 Visited VIDRIK

· One min read

Had a meeting with VIRUMAA DIGI- JA ROHETEHNOLOOGIATE INNOVATSIOONIKESKUS representatives (engineers, researchers and managers) on the topic of research and development collaboration with Gratheon. Seems like the most suitable topic is the area of IoT devices.

We talked about the project and its market, past experience of the team, funding sources, some technical details.

Specifically

  • local team used nrf9160 chip (instead of esp32) to be more energy efficient
  • MQTT and GSM were brought up as possible communication means for the device
  • https://tradex.ee/ was used as a partner to make devices more prod ready (electronics)
  • nokia dynanet - as a construction example of expandable frames and nest was brought up for robotic beehive construction
  • we should have a small research paper abstract published

🤝 Gratheon joins NVIDIA Inception Program

· One min read

We're excited to announce that we join NVIDIA Inception Program!

As we are relying on edge devices for video monitoring of bees and we are using NVidia Jetson Nano and Orin, it is natural for us to seek more knowledge and deeper research, gain pricing benefits on devices and have better reach to NVIDIA associated communities of engineers, startups and potential investors. This will especially crucial for robotic beehive.

According to Program Terms and Conditions, we may benefit from:

  • credits to NVIDIA Deep Learning Institute (DLI) offerings
  • preferred pricing on a wide range of products and platforms
  • listing of your application in the applicable public NVIDIA catalog for visibility of your application
  • NVIDIA facilitating introductions to third parties such as Investors/VCs
  • brand exposure opportunities

🛠️ Andmetorm hackathon

· 6 min read

We are excited to participate in the "Data Storm" hackathon, which focuses on utilizing open government data from Estonia, particularly in areas such as environment, weather, hydrology, and alerts. Our project addresses challenges related to storm winds collapsing beehives and proposes a solution in the form of weather alerts.

Our focus areas​

  • 🗃️ Storm wind collapsing beehives
  • 📡 Weather alerts

Team members​

Participants and mentors collective foto by Tiit Tamme / Garage 48:

First pitch slides​

🎒 JAMK workshop 🇫🇮

· One min read

Attended JAMK workshop that is looking for precise pollination and food-related startups.

AniCare was one of the example startups that was featured

https://www.jamk.fi/en/jamk/focus-areas/bioeconomy/bioboosters https://www.jamk.fi/en/project/agriventure-finland-2025

From startups that BioBoosters has supported, I liked: