THISDAY

UK Company Invests $100,000 in Nigerian Software Firm

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A United Kingdom company, Zetogon has said it invested $100,000 in a Nigerian software firm, AirSmat, to help the organisati­on to deliver world-class service on the African continent.

The firm is expected to use the cash to get its product, SmatCrows, to customers and support the product launch, according to a statement by their publicist.

Chief Technology Officer, AirSmat, Adeoluwa Ibikunle said: “The new investment will enable AirSmat to further build on its position as a startup that helps customers to proactivel­y take business decision backed by intelligen­ce obtained from AirSmat AI-based platform. We are starting out with food security for the continent; our solution allows smart farmers to gain control of their crop yield and general farming activities.

“Our innovative and creative approach will use world-class AI-powered software aimed at improving the efficiency of African farmers in terms of yields and productivi­ty using the power of AirSmat Artificial Intelligen­t (AAI)-driven software. The software will provide timely informatio­n about the state of their crops and general operations on their farmlands.”

“Nigeria comes first with an official launch of our flagship product called Smatcrows in October and a similar launch would be carried out in other African countries by Q2 2021,” Ibikunle said.

Also, Zetogon said: “The funds will be used to support the launch of the software services designed to change the agricultur­al landscape by providing AI driven data that will add value to farming and all agro-allied businesses.”

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