On non-dilutive govt hacks, dodging the OpenAI threat, & $1.1M pre-seed pitch - Dan Bull, Scanabull
About this episode
Dan Bull discusses non-dilutive government funding strategies and the challenges of competing with OpenAI in the AgTech sector.
Episode 100: Scannabull: Dan Bull on non-dilutive government hacks, dodging the OpenAI threat, and the $1.1M pre-seed pitch In this episode, I sit down with Dan Bull, CEO of Scannabull, a New Zealand-based AgTech startup utilizing 3D imagery and edge-device machine learning to accurately weigh livestock. Dan breaks down the exact timeline of their $1.1M NZD pre-seed round, explaining how an early introduction from their first major customer (Silver Fern Farms) unlocked backing from Sprout AgriTech and Enterprise Angels, which subsequently triggered a highly favorable, non-dilutive $750k government loan. We dive into the tactical ways founders can handle the inevitable "won't OpenAI just crush you?" objection, and why targeting farmers as a primary customer is a mistake. 🎧 Listen to the full episode to hear how Dan plans to monetize Scannabull by selling data directly to massive meat processors rather than charging cash-strapped farmers. Key Facts Scannabull: Dan Bull: https://www.linkedin.com/in/danjbull1/ Website: https://scanabull.com/ Headquarters: New Zealand Goal : To illuminate the "black box" of the beef supply chain by allowing farmers to weigh 600kg animals instantly…
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