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PATS

PATS replaces insecticides with high-tech, low-cost solutions for horticulture.
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Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
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Growth rate month over month
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Monthly revenue context
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Number of paying customers
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Monthly active users
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INVESTMENTS

Do you have a lead investor?
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How much have you raised in the past?
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How much of this round already committed?
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When are you aiming to close this round?
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TEAM

How much time do the founders spend on the business?
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Is there a founder with previous co-founder / c-level at startup experience?
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Is there a founder with previous Sector Experience?
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Is there a founder with previous Exit Experience?
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What percentage of company is owned by founders?
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Is there a women founder with at least 5% of the shares?
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Is there a founder with a EUR / Erasmus MC or TUDelft relation?
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Graduation year from EUR, Erasmus MC or TUDelft
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OTHER

Year founded
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Patent status
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€20K - €40K
Growth rate month over month
8-12%
Monthly revenue context
Monthly revenue is build up by one-time/on-off revenue an recurring revenues. Used the whole 2023 year to calculate the average revenue per month.
Number of paying customers
150
Monthly active users
150

INVESTMENTS

Do you have a lead investor?
yes
How much have you raised in the past?
3 million + Sources: equity (angels), subsidies, grants, convertibles
How much of this round already committed?
1125000
When are you aiming to close this round?
Q2 of 2024

TEAM

How much time do the founders spend on the business?
100%
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
60-69% owned by founders
Is there a women founder with at least 5% of the shares?
No
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
Founder graduated from TU Delft, EUR or Erasmus MC
Graduation year from EUR, Erasmus MC or TUDelft
2013

OTHER

Year founded
2016
Patent status
We currently hold 3 patents, and plan to aquire 3-5 more patents in the coming 24 months.

Basic details

Amount raising
2000000
Country
Netherlands
Industry
AgriTech, DeepTech, AI/ML, Hardware
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
February 3, 2024

Key Achievements

  • We have been able to multiply our revenue from 2021 until 2023 with X3 annually, and expect this to hold true for 2024 as well (crossing 1 million).
  • We landed a major distribution agreement with one of the biggest suppliers of biological crop protection. In this strategic partnership we have been able to launch a product within 1 year after ideation, and in the 2nd half of 2023 landed 50 new customer agreements. For 2024 we expect revenues of this product to grow to 700-1.000k.

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