Hive Tech Solutions combats loss of honeybees
Problem
U.S. growers and beehive owners lose millions annually to beehive collapse.
Market Opportunity
Three-fold:
- Hardware revenues for replacement of today’s “dumb" hives with HTS’s smart hives;
- Recurring subscription revenues for actionable & real-time hive-health data;
- Brokering fees to replace the $150 million+ currently paid to non-science based brokers acting as go-betweens to growers and hive owners.
Solution
Hive Tech Solutions is developing an innovative system to help beekeepers, growers, and state and federal agencies effectively monitor and improve the health and survival rate of honeybees. The company’s system includes a new hive design and proprietary software based on data collected at ²ÊÃñ±¦µä to monitor key metrics that indicate deteriorating honeybee health. In addition to winning ²ÊÃñ±¦µä's , the company has also obtained a USDA SBIR grant for over $97,000 to further their research and product development.
marta.zgagacz@colorado.edu
The Newsroom
For marketing and communication inquiries or news tips, contact Daniel Leonard, senior marketing and communications specialist for Venture Partners at ²ÊÃñ±¦µä.
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