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Bruno Fonseca

10 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Dec 1, 2019 by Bruno Fonseca · across every show →

On the record as a speaker too: Bruno Fonseca's record, appearances and statements → this page counts the times other people say the name.

Everything said about Bruno Fonseca, oldest first

Dec 1, 2019
Assertion Not checkable as stated
Fonseca: Agtech startup has raised approximately $800,000 to date
“More or less, 800 K.”
Bruno Fonseca Dec 1, 2019 ▶ 11:51 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019 neutral
Disclosure
Fonseca: Stuk IoT sensor production costs roughly €450 per unit
“Until now, the production cost is more or less for 150 euros per sensor.”
Bruno Fonseca Dec 1, 2019 ▶ 4:45 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019
Assertion Not checkable as stated
Fonseca: Startup serves roughly 50 to 55 farming customers
“So basically one customer has two sensors. So it's more or less the half of that. So 50, 55 customers more or less.”
Bruno Fonseca Dec 1, 2019 ▶ 3:28 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019 positive
Assertion Not checkable as stated
Fonseca: Startup has experienced zero customer churn to date
“Until, until, until now we don't.”
Bruno Fonseca Dec 1, 2019 ▶ 4:10 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019
Assertion Not checkable as stated
Fonseca: Agtech startup has a monthly burn rate of roughly $20,000
“So the burn rate is of about 20, 20 K per month.”
Bruno Fonseca Dec 1, 2019 ▶ 12:31 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019 neutral
Assertion Not checkable as stated
Fonseca: Software revenue was roughly $1,000 per month one year ago
“So the software is about 1000.”
Bruno Fonseca Dec 1, 2019 ▶ 7:26 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019 positive
Disclosure
Fonseca: Startup pays channel partners a 35% cut of software revenue
“And then we are also sharing the percentage over the software fee. The recurring revenue model. At 35%. So it's more or less 70 euros per each fee.”
Bruno Fonseca Dec 1, 2019 ▶ 9:54 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019
Disclosure
Fonseca: Hardware sells for €1,000 upfront plus €200 annual SaaS fee
“We charge the Stuk, the IoT device, a one-time fee of a price of 101,000 euros. And then we will charge also the customer for software fee, annual fee of 200 euros per year per each sensor.”
Bruno Fonseca Dec 1, 2019 ▶ 2:38 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019 neutral
Disclosure
Fonseca: Startup targets agronomists and fertilizer companies for channel distribution
“So basically we are trying to build a connection and to establish a connection with four types of entities that can be our channel. So basically we are trying to contact agronomists advisory companies, agricultural companies, fertilizer companies, And the farm…”
Bruno Fonseca Dec 1, 2019 ▶ 8:20 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
Dec 1, 2019
Assertion Supported
Fonseca: Startup was first Portuguese company to close three Seedrs campaigns
“We were the first Portuguese startup that successfully completed not just one, but three crowdfunding campaigns on Cedars.”
Bruno Fonseca Dec 1, 2019 ▶ 11:38 1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield
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