Startup Idea and Innovation of Kakaxi
Kakaxi, Inc. is a producer of an AI-powered system and a camera gadget to capture distant photos and environment data. As a result of the company’s sensor-based innovation and platform, food providers may engage with customers to bring the narrative behind food to the table by providing visual knowledge about the environmental factors and time-lapse film.
The business is owned and operated by CEO Taizo Otsuka and was founded on December 2, 2014. Kakaxi, Inc. creates a global system of remote cameras and weather forecasting.
The company’s mission is to bring agricultural production experience to the table by connecting farmers with customers. Kakaxi’s purpose is to foster an awareness for organic agriculture in coming generations by integrating into the physiology of conscientious customers and locavore tendencies.
Kakaxi’s primary invention is their “smart scarecrows,” which allow consumers to observe how their produce develops and assist farmers in tracking the weather. Using a cellular network, it connects the farm to the cloud. Intermittent images of internal sensors document the plant’s life cycle, from seed to harvest. There are more than 125 nations where clients can connect to devices leased to them for free.
How Kakaxi, Inc. Started
- 2011: The business idea started after the 2011 earthquake and tsunami struck Japan. Taizo Otsuka, the company’s CEO, decided to aid farmers in recovering from the enormous damage their crops had sustained.
- After working with 15 for-profit firms and two non-profits, including a biotech firm and a professional basketball team, and seeing how the Internet of Things (IoT) might boost agricultural productivity and empower rural areas, this well-versed businessman decided to implement it.
- 2014: Taizo Otsuka officially founded Kakaxi, Inc. and his three executives, namely Chief Financial Officer Akihiko Nagata, co-founder and director Adam Smith, and secretary and lawyer Koki Terui JD.
- 2015: Taizo Otsuka sought to increase farm accountability and sustainability by combining farmers’ knowledge of data science with the farm’s owners and operators. This smart gadget employs sensor technologies to offer various on-site data to farmers and urban customers following the successful Kickstarter campaign in March 2015.
Temperature, humidity, and sap flow can all be monitored, and an inbuilt camera records films and photos that anybody can see. Kakaxi has signed agreements with major multinational food and beverage brands in its commercialization efforts. - 2017: During September 2017, a cooperation with the popular coffee company Nespresso saw gadgets put on remote coffee farms. Because of this, you can see precisely what goes into those small coffee capsules every time you have a cup of espresso in the morning.
A portal to the coffee world has been created by Nespresso growers who utilize Kakaxi video agricultural equipment to monitor crops and share the seed to harvest tale with consumers.
Meet the Team Behind Kakaxi’s Success
Today, Kakaxi, Inc. has four executive members: CEO Otsuka, Chief Financial Officer Akihiko Nagata, Co-Founder and director Adam Smith, and Secretary and lawyer Koki Terui JD. As of writing, the company has five different investors, including Monozukuri Ventures, LinX Corporation, and more.
Major Competitors
- Farmer’s Edge (link: https://www.farmersedge.ca/)
- Granular (link: https://granular.ag/)
- Spensa Technologies (link: https://www.spensatech.com/privacy/) (no official website)
- Mavrx (link:https://www.crunchbase.com/organization/mavrx) (no official website)
- Farmers Business Network (link: https://www.fbn.com/)
References:
- Kakaxi, Inc. https://kakaxi.me/
- https://pitchbook.com/profiles/company/113650-93#signals
- https://gust.com/companies/kakaxi-inc
- Timeline: https://monozukuri.vc/kakaxi-bringing-the-story-of-food-growing-to-your-table/
- Competitors: https://www.forbes.com/sites/maggiemcgrath/2017/06/28/the-25-most-innovative-ag-tech-startups/?sh=22d46ebd4883
