Kanda Weather - Investment Memo

◎ Company overview

Kanda Weather provides hyperlocal weather data available to African businesses and communities.

Kanda Weather is a Nigerian (Delaware Corp) B2B SaaS weather data platform that has built a crowdsourced weather data network. It focuses on developing countries that lack dense, reliable weather data. They source data by:

• enabling individuals to collect local weather data using low-cost IoT devices and share that data via blockchain technology. This is a B2C product
• providing B2B clients with a propriety weather sensor network to analyse hyperlocal weather data

The only African weather data platform that combines 3rd partner data and own-company data.

Industry focus: aviation, agriculture, renewable energy and insurance.

Problem

In many developing countries, the scarcity of weather data poses significant challenges for both communities and businesses. Without sufficient weather data density, these regions face difficulties in accurately predicting and preparing for weather-related events, exacerbating the impacts of climate change. As a result, communities are left vulnerable to natural disasters and extreme weather events, while businesses struggle to make informed, data-driven decisions to mitigate risks and optimize operations.

Solution

Kanda Weather Solutions addresses this critical issue by introducing an innovative approach to weather data collection. By leveraging crowdsourcing and affordable IoT technology, Kanda empowers individuals and communities to contribute to the creation of a dense and reliable weather sensor network. This network enables the collection of hyperlocal weather data, filling the gaps in existing data infrastructure and providing communities and businesses with the localized insights they need to better prepare for and respond to weather-related challenges.

Recent awards & achievements

Blockchain and African Weather Data to the Rescue w/Kanda Weather Balloons

Kanda Weather sees an opportunity in the compact nature of low-power modern chips and IoT electronics to collect weather data that can be used to make localized forecasts for nearly any region on Earth.

copernicspace.com

Collecting Weather Data at 35,000 Feet: A Community Weather Station and Balloon Network

This article spotlights Helium Foundation grantee Kanda Weather Group and their climate resilience efforts across African universities.

medium.com

Weather Balloon "Mining" using Blockchain and IoT

Measuring weather data 32, 000 feet above West Africa using the Helium LoRaWAN network.

www.hackster.io

• ◎ Company overview
• 🚀 Current traction
• 🖥 Platform and technology
• 🔂 Sales Strategy
• 📊 Financial overview
• 🌍 Market size
• 🧲 Team
• 💸 Investment opportunity
• 🥷🏽 Competitors

🚀 Current traction

Projects

Sales and Partnerships

🖥 Platform and technology

• Radiosonde balloon Inflation
• Station Map
• WeatherHub
• Station Map V2
• Drone Scout
• NFT Page
• 3D Printed Miner

Create a Kanda Weather NFT and deploy a remote weather sensor to empower farmers in safeguarding their crops and aiding urban residents in managing urban flooding. In order to shape a sustainable future by leveraging inventive, data-powered solutions.

Utilize the real-time weather data acquired from these sensors to guide critical decisions regarding:

• Severe Rainfall risk
• Drought risk
• Air Quality Monitoring

Products in the pipeline for 2024-2025

🔂 Sales Strategy

📊 Financial overview

🌍 Market size

Africa represents a major opportunity for weather forecasting services technology players like Kanda Weather - with areas like aviation, agriculture, renewable energy, insurance and drone industry and the associated supply chains driving an encouraging and developing TAM.

The aviation industry in Africa has experienced notable growth in recent years, driven by factors such as economic development, increasing urbanization, rising disposable incomes, and tourism expansion.

The agriculture in Africa is experiencing growth and transformation, driven by various factors and accompanied by efforts to address challenges and harness opportunities for sustainable development and food security across the continent.

Renewable energy industry in Africa is growing thanks to favorable resources, supportive policies, increasing investments, technological advancements, and regional cooperation. With continued efforts and investments, renewable energy has the potential to play a transformative role in Africa's energy landscape, contributing to energy access, economic development, and climate change mitigation.

The weather insurance market in Africa is poised for growth, with climate variability and extreme weather events increasingly impacting agricultural productivity and livelihoods, there's a growing acknowledgment of the necessity for financial protection against weather-related risks. This has led to heightened interest among farmers, businesses, and governments in weather insurance products to mitigate losses from events like droughts, floods, and storms. Advancements in technology, including satellite imaging and remote sensing, are improving weather data accuracy and facilitating the development of parametric insurance products. These innovations are broadening accessibility to weather insurance, particularly for smallholder farmers and rural communities. Supportive regulatory frameworks and partnerships between insurance entities, government agencies, and international organizations are further driving market adoption. Nonetheless, challenges such as affordability, awareness, and data availability persist, potentially limiting the market's full potential. Overall, the weather insurance market in Africa offers significant growth opportunities, playing a vital role in building resilience and safeguarding livelihoods amidst changing climatic conditions.

The drone industry in Africa is driven by the continent's unique challenges and opportunities. With the right regulatory frameworks, investment, and collaboration between stakeholders, drones have the potential to make a transformative impact on various sectors and contribute to economic development and social progress across Africa.

Market Size (TAM, SAM SOM) - focusing on AARR only

Total Addressable Market (TAM)

	TAM
2024	10.054.368 $
2025	12.065.679 $
2026	14.478.669 $

Serviceable/Obtainable Market (SAM)

	SAM ( 20% interested clients )
2024	2.010.874 $
2025	2.413.136 $
2026	2.895.734 $

Serviceable Obtainable Market (SOM)

Type of Client	Standard	Plus	Business	Number of Client per Year	Average Spent per Client	AARR - Average Annual Recurring Revenue
Price	39 $	240 $	450 $
Number of clients 1Y	30	3	1	34	729 $	24.786 $
Number of clients 2Y	35	6	3	44	729 $	32.076 $
Number of clients 3Y	40	10	5	55	729 $	40.095 $

SOM for 2024 - 2025 - 2026

TAM - SAM - SOM for 2024 - 2025 - 2026

🧲 Team

Team summary:

Nicholas Lopez is the Founder of Kanda Weather and Block Producer on the Telos blockchain has a scientific background with experience in ocean and atmosphere monitoring and observation. He conducted research on ocean-atmosphere fluxes measured by NOAA ships in the Gulf of Mexico; he also worked on scientific programming for the GOES-16 weather satellite proving-ground at NASA Goddard Space Flight Center. Currently he is focused on developing novel weather data collection and forecasting methods using IoT and machine learning.

Emmanuel Patrick based in Uyo, Nigeria has been with Kanda Weather for 2 years, primarily working on social media. He studied electrical engineering at the Iyo university and has assisted engineering, radio broadcasting, and blockchain companies in the past. He developed skills in IoT and computer networking, enabling the launch of weather balloons at the University of Uyo. Now involved with Chaindustry, a company providing blockchain advice and knowledge sharing to clients.

Adamson Oloyede is a PhD researcher at the University of Uyo's Advanced Space Technology Applications Laboratory (ASTAL), associated with Nigeria’s National Space Research and Development Agency (NASRDA). Previously his work included analyzing errors in NiMet’s temperature predictions across Akwa Ibom state. He possesses machine learning expertise, making him a valuable collaborator for Kanda Weather's weather data collection and forecasting efforts.

Advisory Team

💸 Investment opportunity

🥷🏽 Competitors

Competitors landscape

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