Description

If you’re looking for insights into developing a go-to-market strategy, this episode is for you. Chuck Templeton sits down with the team at Sentera, a company that uses remote data collection to empower growers and agribusinesses to make real-time decisions to help improve farm profitability. Sentera's CEO Brian Wenngatz and CTO Eric Taipale take us through their journey to launching Aerial WeedScout, which enables the rapid detection of weeds so farmers can reduce herbicide use and maximize equipment efficiency. To launch this product, the team had to understand how they could best use their expertise in aerial imagery and computer vision to improve farm outcomes. Chuck also talked with S2G’s Cristina Rohr about her perspective on the market opportunity for Sentera’s technology. From offering a clear and differentiated value proposition to designing an innovative business model to get the product to farmers at the right price point, there are so many aspects of this conversation that are relevant to entrepreneurs in the world of agtech and beyond.

Key Topics: 

1. Understanding Core Differentiators: Brian and Eric highlight the importance of understanding the company’s “unfair advantages” to ensure they continue to stand out from the competition and provide the best possible product to farmers.  
2. Offering a Clear Value Proposition: The team shares what they’ve learned about not only developing a product that addresses both economic and environmental challenges in modern farming but also about how to message those benefits to customers. 
3. Finding the Right Sales Channel: Sentera determined that working with ag retailers and trusted advisors would generate more traction than going directly to farmers. Strategic partnerships with leading seed, chemical, and equipment companies have been pivotal for Sentera's market penetration and scalability. 
4. Business Model Innovation: Sentera’s technology offers the opportunity for a no-upfront-cost approach, which addresses financial constraints and risk aversion among farmers, enabling easier adoption of advanced technologies.
5. Taking a Systems-Based Approach: Understanding the role their technology can play not only on farms but in the broader stakeholder ecosystem has helped Sentera build partnerships and bring together stakeholders to improve opportunities for scale.  

This content is for informational purposes only, should not be taken as legal, business, tax or investment advice, or be used to evaluate any investment or security, and is not directed at any investor or potential investor in any investment vehicle sponsored by S2G. Investing involves risk, including the risk of loss. Specific companies mentioned in this podcast are for educational purposes and should not be construed as an endorsement of any kind. S2G holds positions in the companies referenced, but this podcast is for information purposes only and is not intended to promote any such company. All views of the guests on this podcast are solely their opinions and do not reflect the opinions of S2G. Any past performance discussed is not indicative of future results. Chuck Templeton is a Managing Partner at S2G Investments. All Chuck's views, and the views of the guests on this podcast, are solely their opinions and do not necessarily reflect the opinions of S2G. The views expressed herein are opinions based on certain assumptions and subject to change.

For more important information, please see s2ginvestments.com/disclosures.