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XL Africa Entrepreneurs
Aerobotics is an aerial data analytics company based in Cape Town. Through applying machine learning to high-resolution imagery, the company provides insight and competitive advantages to farmers. Since their first client in 2014, Aerobotics now delivers actionable information to clients across Africa, Australia and the UK, covering over 200,000 hectares of agricultural land. The analyzed data is valuable to 3rd parties including insurance, finance and micro-lending institutions. Selected for the Insurtech stream of ‘Startup Bootcamp’ in London at the beginning of 2017, Aerobotics has secured a joint R8-million ($600,000) seed-funding round from the South African venture capital company 4Di Capital and the Savannah Fund in Kenya. Aerobotics have since been in discussion with a number of global insurance companies about initiating pilot projects