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Nigeria’s Airsmat secures $100,000 funding from UK

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Airsmat, a Nigerian based drone software and tech startup, has announced securing funding from a company based in the UK. According to the startup, its fund raising team received $100, 000 (+/-R1655150.00) in pre-seed round funding from Zetagon, a UK based venture capital firm.

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With interest in Africa, Airsmat was founded with the aim of using drones to provide modern solutions to fast-growing industries in Nigeria and the rest of Africa.

According to the company’s managing board of directors, the startup aims to encourage the use of drones in various industries as drone technology has the abiltiy to assist and positively change the way in which companies conduct their business.

In achieving its goal, the new raiser is expected to assist the startup in achieving its goals for Africa and is aimed at their division, SmatCrows.

Adeoluwa Ibikunle, chief technoogy officer of Airsmat, explained that the investement will assist the startup in upscaling their business model. According to Ibikunle, the company aims to begin with creating food security within Africa through their AI-based platform by allowing small farmers to have more control over their harvested crop and their other farming activities.

In addition, the Airsmat platform will prove crucial to small farming activities in Nigeria as farmers will be able to use this information to make better-informed decisions regarding their farmland.


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