Hey Hackers!
\ scoutlabs has been nominated in HackerNoon's Startups of The Year 2024 awards in Budapest, Hungary under the Emerging Tech category.
\ Please vote for us here:
\ Read more about us below to understand why we deserve your vote.
Meet scoutlabsWe are addressing the intersection of food insecurity, climate change, and sustainable farming with the worlds densest digital insect trap network.
\ Our vision is to help 90 million family farms move from guess work to a more data led decision process to run their increasingly complex farm ecosystems, initially in pest pressure eating up to 40% of their yield but later into affordable weather and soil health technology, all key components of growing our food sources.
The Winning Team\
Our solution stands out in the market due to its unparalleled affordability and direct-to-grower distribution model. Because we were started from a farmer perspective this was an original design. Unlike competitors, our digital trap network is 10-30 times more affordable, even more cost-effective than traditional manual traps. This affordability enables widespread adoption, achieving high trap density, which translates to greater accuracy in pest pressure monitoring. Our farmer-first approach ensures that the technology fits seamlessly into existing cost structures and farming practices, making it a practical and attractive option for growers.
How we acquire and retain customersOur business model is centered around a product-led growth strategy, targeting individual farmers directly (B2C). We offer an affordable subscription fee of 69 euros per growing season per trap, making our solution 10-30 times more cost-effective than more complex alternatives. This low-cost approach encourages widespread adoption among growers.
\ We deliver our products through a direct-to-grower distribution model, ensuring easy access and installation. Our traps are designed for simplicity, requiring only a 1-minute DIY setup, eliminating the need for expensive on-field installation teams. This ease of use further enhances the appeal and accessibility of our product.
\ By charging a subscription fee, we ensure a recurring revenue stream, while the affordability and ease of installation drive product-led growth. This model supports rapid scalability and adoption, allowing us to quickly expand our market reach and impact on sustainable pest management practices.
Milestones and achievementsWe have over 1500 devices deployed in the US, Latam, EU and Africa in pilot stage and taking orders with the largest Agbusiness in the current growing season- this is expected to >10x by the end of this year.
What Startups of The Year means to usParticipating in HackerNoon’s Startups of the Year is a great opportunity for us at scoutlabs to gain visibility within the tech and startup ecosystem. We're excited to share our journey of building innovative IoT solutions for pest monitoring, which supports farmers operating on thin margins and promotes food security by optimizing pest control methods. Being part of this initiative allows us to connect with a broader community of innovators, investors, and potential partners.
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:::tip Welcome to HackerNoon’s Startups of The Year 2024 interview series, spotlighting startups from around the world that are changing the way we live, one solution at a time. If you’ve been nominated, create a brand profile and answer these questions here.
\ Want to nominate a startup? Follow the steps here.
\ Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here, here, and here.
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