Season 1, episode 4
Agrcology
أجركولوجي
Agrcology is an Egyptian agritech startup that builds a smart collar for dairy cows.
Watch the pitchThe founders asked
5M EGP
for 25% · valuation 20M EGP
The deal
5M EGP
Mohamed FaroukEquity: 50%
In short: Agrcology pitched in Season 1, episode 4. The founders asked for 5M EGP for 25%, valuing the company at 20M EGP. They walked away with a deal with Mohamed Farouk: 5M EGP for 50%.
Overview
Agrcology is an Egyptian agritech startup that builds a smart collar for dairy cows. The collar remotely tracks each cow's movement, body temperature and overall health, so farmers can catch problems early and protect their milk output instead of relying on manual checks. Founder Hisham El Banna brought the idea to Shark Tank Egypt in Season 1, where he closed a deal with investor Mohamed Farouk.
The pitch
Hisham El Banna asked for EGP 5 million for 25% of Agrcology to scale his smart collar for monitoring dairy cows. The sharks spotted an error in his numbers during the pitch, which hurt his position. He still closed a deal with Mohamed Farouk for EGP 5 million, but for 50% equity, double the stake he first offered.
Services & products
- Smart cow collarA wearable collar for dairy cows that collects data on each animal's movement, temperature and health.
- Remote herd health monitoringLets farmers follow their cows' condition remotely and spot health issues early to protect milk production.
Team and investors
After the show
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Frequently asked questions
What is Agrcology?
Agrcology is an Egyptian agritech startup that builds a smart collar for dairy cows. The collar remotely tracks each cow's movement, body temperature and overall health, so farmers can catch problems early and protect their milk output instead of relying on manual checks. Founder Hisham El Banna brought the idea to Shark Tank Egypt in Season 1, where he closed a deal with investor Mohamed Farouk.
Who founded Agrcology?
Agrcology was founded by Hisham El Banna, who pitched it on Shark Tank Egypt.
When did Agrcology appear on Shark Tank Egypt?
In Season 1, episode 4 (2023).
How much did Agrcology ask for on Shark Tank Egypt?
5M EGP for 25%, valuing the company at 20M EGP.
Did Agrcology get a deal on Shark Tank Egypt?
Yes, with Mohamed Farouk: 5M EGP for 50%.
More questions (9)
Which shark invested in Agrcology?
Mohamed Farouk. Details →
What is Agrcology's valuation on Shark Tank Egypt?
The final deal valued Agrcology at 10M EGP, against 20M EGP in the founders' ask.
What does Agrcology offer?
Smart cow collar and Remote herd health monitoring.
Where can I watch Agrcology's pitch?
The pitch from Season 1, episode 4 is on YouTube: youtube.com/watch?v=C8ajkbeYNbw
How much equity did Agrcology give up on Shark Tank Egypt?
50%, against the 25% offered in the pitch.
Did Agrcology get what it asked for on Shark Tank Egypt?
It asked for 5M EGP for 25% and closed at 5M EGP for 50%, so the valuation went from 20M EGP to 10M EGP.
Which episode of Shark Tank Egypt was Agrcology in?
Season 1, episode 4. Also in that episode: Fairclo, Scoopy Scooters and Amwal. Details →
Which sharks did Agrcology pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is Agrcology in?
Agriculture. 9 other Agriculture startups pitched on the show. Details →
Rating & comments
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