Saga Robotics
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | 1.2m | <1m | 1.1m |
% growth | 170 % | 28 % | 186 % | (24 %) | 109 % | (21 %) | 14 % |
EBITDA | - | - | (<1m) | (<1m) | (2.2m) | (2.1m) | - |
% EBITDA margin | - | - | (31 %) | (98 %) | (179 %) | (220 %) | - |
Profit | <1m | (<1m) | (<1m) | (<1m) | (2.2m) | (2.0m) | - |
% profit margin | 22 % | (15 %) | (31 %) | (96 %) | (178 %) | (206 %) | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€9.5m | Early VC | ||
NOK750k | Grant | ||
NOK3.0m | Grant | ||
* | NOK100m Valuation: NOK370m 33.6x EV/LTM Revenues -18.8x EV/LTM EBITDA | Early VC | |
* | NOK120m | Early VC | |
Total Funding | €37.2m |
Related Content
Recent News about Saga Robotics
EditSaga Robotics operates in the agricultural technology sector, focusing on developing advanced robotic solutions to assist growers in protecting crops and increasing quality. The company's flagship product, Thorvald, is a multifunctional robot designed to perform a variety of repetitive and labor-intensive tasks on farms. Thorvald uses light treatment to safely protect plants from powdery mildew, reducing the need for chemical treatments. The robot's modular construction allows it to adapt to different crops, landscapes, and field sizes, making it a versatile tool for farmers. Saga Robotics partners with growers to promote sustainable farming practices and improve crop yields. The company generates revenue through the sale and leasing of its robotic systems, as well as offering maintenance and support services. Saga Robotics primarily serves commercial growers and agricultural enterprises looking to enhance efficiency and sustainability in their operations.
Keywords: agricultural robots, crop protection, light treatment, automation, sustainability, Thorvald, modular construction, repetitive tasks, commercial growers, agricultural technology.