Petrichor Ventures
Date of Foundation
2023

Petrichor Ventures

Large-scale commercial maize Farm in Tanzania

The Idea origin story

Petrichor Ventures aims to establish a large-scale commercial maize farm in Tanzania, dedicated to supporting local and regional food security. Our approach combines AgTech solutions with sustainable agriculture practices for optimum efficiency and high crop yield. We're committed towards rich harvests, enhancing our impact on the community while ensuring environmental sustainability.

The Mission

Petrichor aims to become Sub-Saharan Africa's largest commercial farming company, promising higher yields through precision agriculture technologies.

Clients

Industrial maize processors for human and animal consumption.

Problems we solve

Client’s problem

Petrichor Venture helps alleviate hunger, cope with supply chain vulnerabilities, meet population-driven demand increases, combat arable land loss and address sustainability issues linked to food production.

Confirmation of problem

Maize prices are higher in East Africa than anywhere in the world due to insufficient supply of high quality produce

Solution

"Petrichor's solution: Utilize Africa's untapped arable land, increase food production to match population growth, operate large-scale farms, strengthen supply chains and enhance sustainability."

Our technologies

This solution is based on technologies

Precision Irrigaiton, application of fertilizer, farm mechanization, usage of good quality seed material, sustainable agriculture

How it works

We establish a large-scale commercial farm in Tanzania, using best farming practices globally for increased productivity and sustainability.

Value for the client

Petrichor boosts food security, optimizes supply chain and sustainability by leveraging AgTech for efficient large-scale maize farming.

Market and strategy

Market size

500

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

20

% of the market

Is our goal in the next 3 years

Team

My name’s

Michael Bruderli

My key role in the product

My key role is Founder and I'm responsible for defining strategy, raising funds, building the team, achieving market fit and leading execution.

Team size and key members

Nicolas, Founder & Head of Operations Roger, Founder & Head of Marketing Oshrat, CFO Shay, Head of Agriculture CLN, Head of Agronomy Umesh, Farm Manager Urs, Head of Sustainability

Competitors

Competitors

Aside from smallholders, your potential competitors could also be large agricultural companies, international farming projects and technology startups specializing in precision agriculture.

Our Advantages

Petrichor prioritizes precision irrigation for optimal yield, invests in modern farm management software for activity tracking and offers top-tier storage and processing facilities to maximize produce quality.

Business model

We sell maize at a maring of 40%; we aim at a net profit per hectare of maize of USD 3000

Traction

Our startup journey is well underway. We've successfully established the company, secured a location, assembled a high-performance team and have completely developed our business case and financial model.

Boosting the scale of our agricultural operations can significantly elevate revenues, marking noteworthy progress for our company.

Metrics

Product metrics include yield and cost per hectare, price of maize by ton, amount of diesel/hectare used. Also accounts for quantities of fertilizer/ha applied and seed prices.

The startup boasts a remarkable revenue stream of $50 million, with a notable net income marking at $5M. It proudly possesses a gross margin listed at 40%, denoting business efficiency. Its burn rate is managed effectively and stands firmly at $200k monthly.

Incorporation

Our company incorporated in

Switzerland

Key risks

Potential main risks of your startup could include unpredictable weather patterns and climate change affecting crops, market fluctuations for maize prices, potential investors' reluctance towards investing in AgTech-focused enterprises, technological failures or shortcomings potentially affecting yield quantity and quality.

Investments

$

4000000

We raised investments

Our Investors

Founders, 100%

Rising Investments

$

1000000

Currently, we are raising investments

$

100000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Petrichor revolutionizes staple crop production in East Africa, harnessing the region's untapped potential to globally satisfy food demand.

Idea