Agriculture operation support service FarmLogs, the company that AGRIBUDDY sees as its benchmark, just succeeded to raise $10 million in round B as they were financed $4 million in round A in last year.

http://m.jp.techcrunch.com/2014/12/18/20141217farmlogs-nabs-10m-series-b-from-sv-angel-sam-altman-and-others/

Well, I don’t know how much shares they divided in this finance but probably around 10%? It means that the valuation of around $100 million, I guess? It is a great achievement  anyway. I say this is such a huge wave for us who develop AGRIBUDDY and I am very happy to know that my estimation that this kind of agricultural related service can receive appropriate appraisal from society and can have over $100 million valuation at the 1st round of finance. It proves that what I was thinking was not just a delusion because it is actually happened.

Target market of Farmlogs are farmers in U.S. where agriculture has been “ITed” (or “ITlised” I should say?) slowly and they reaches to the demographic who have stable access to internet and a computer or smartphones. On the other hand our AGRIBUDDY tries to reach to the farmers who owns smartphones and reside in the area with internet lines but never connect to the world of internet and do not even have a google account. (Let’s say they do not even know what’s google).

Everyday, we are showing and introducing our AGRIBUDDY in suburbs of Cambodia. And each time I have this absolute feeling that we are “the first creature that let them, the locals, connect to the world of internet”. Spreading the service we have created to the people who no one ever reached is of course extremely difficult task with long shot but the fruits we can harvest from it must be unbelievably delicious. And it will be proven very soon.

Well, let’s get to work!