SEFILATA INVESTMENT INFORMATION MEMORANDUM
1. INTRODUCTION
Sefilata Pty Ltd (ABN 41656265031) is a Melbourne-based technology company revolutionising decentralised IoT network infrastructure across developing markets and remote regions worldwide. We are seeking an investment of AUD $49 million in exchange for 16% equity to fund our global expansion, beginning with our comprehensive deployment in Cameroon.
Sefilata has created an innovative decentralised wireless network that combines solar-powered modems, advanced IoT connectivity, and blockchain technology to provide affordable internet access in underserved markets while rewarding network contributors through a tokenised ecosystem.
Confidentiality Agreement
By accepting a copy of this memorandum, the recipient agrees that it shall not contact or discuss the contents of this memorandum with any officer, employee, supplier, customer, licensor, franchisee, or associate of Sefilata without the prior consent of Paulin Tchumtcha Wembe
This Memorandum and further information that may be supplied on the terms set out above and, on the terms, contained in a confidentiality agreement entered into by the recipient, the terms of which incorporate the above conditions and which contain restrictions on the use of the information, its disclosure, and the conduct of the recipient subsequent to the recipient.
The recipient acknowledges the foregoing, and it is hereby agreed that the terms of the confidentiality agreement are incorporated into and form part of these conditions
Investment Risk Statement
Investing in Sefilata involves significant risks. Investors should carefully consider the following:
Investors may lose part or all of their invested capital. Neither Sefilata nor its directors guarantee any rate of return, repayment of investment, or successful achievement of planned objectives. Past performance is not indicative of future results, and investment outcomes may vary substantially from projections or expectations.
Market conditions, regulatory changes, operational challenges, and other factors beyond our control may adversely affect investment performance. The value of investments can fluctuate significantly, and there is no assurance that any investment will achieve its stated objectives.
Important Notice
The information contained in this information memorandum and any other verbal or written information given in respect of Sefilata ("Information") is provided to the recipient ("you") on the following conditions. The listing consultant, Matthew Holland nor Allbiz Deal Room (ABN 56 630 339 150) or any of its officers, employees, or consultants ("we, us") make no representation, warranty, or guarantee that the information, whether or not in writing, is complete, accurate, or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation, or undertaking, whether express or implied, is made, and no responsibility is accepted by us as to the accuracy of any part of this or any further information supplied by or on our behalf, whether orally or in writing.
Investment Considerations
All visual images (including but not limited to plans, photographs, specific productions, and artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only. The information does not constitute, and should not be considered as, a recommendation in relation to the investment in the business or property or a solicitation of the investment. You should satisfy yourself as to the accuracy and completeness of the information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial, and taxation advice. This includes as to whether any listing price is inclusive or exclusive of GST.
Valuation and Responsibility
We are not valuers and make no comment as to the value of the business or property. "Sold/leased" designations show only that stock is "currently not available," not that the business or property is contracted or settled. If you require a valuation, we recommend that you obtain advice from a registered valuer. This memorandum does not and will not form part of agreement for the business or property. The only information, representations, and warranties upon which you will be entitled to rely will be as expressly set out in the term sheet. Interested parties will be responsible for meeting their own costs of participating in the investment process for the business or property.
Liability and Authorisation
We will not be liable to you (to the full extent permitted by law) for any liabilities, costs, or expenses incurred in connection with the information, whether the loss or damage arises in connection with any negligence, default, or lack of care on our part. No person is authorised to give information other than the information in this document and any statement or representation by an officer, agent, supplier, customer, relative, or employee of the vendor will not be binding on the vendor or us. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the state or the Commonwealth, such paragraphs should be read down, severed, or both, as the case may require, and the remaining paragraphs shall continue to have full force and effect.
Purpose of Document
Paulin Tchumtcha Wembe in the capacity of the manager and director of Sefilata ABN 41656265031has decided to seek investors for the business Sefilata and has requested that Allbiz Deal Room Pty Ltd (ABN 56 630 339 150) serve as the process's communication medium. This confidential information memorandum ("Memorandum") has been prepared for selected parties with a preliminary understanding of the business of Sefilata and to assist the recipient of the memorandum ("Recipient") in making their own independent appraisal of Sefilata before making any investment. The memorandum does not purport to be complete or contain all of the information that a prospective investor may require. No representation or warranty is made (or will be made in any investment agreement) as to the accuracy, reliability, or completeness of any information contained in this memorandum for Sefilata , or the directors or shareholders of Sefilata, the consultant Matthew Holland, or Allbiz Deal Room (ABN 56 630 339 150).
The Recipient agrees by receiving this memorandum that it shall not copy, reproduce, or distribute to others this Memorandum, whether in whole or in part, without the prior written consent of Sefilata . Further, the recipient of this memorandum will keep permanently confidential all information contained herein that is not already public and will use this memorandum only for assessing Sefilata . On request, the recipient will promptly return all material received from the Sefilata , the directors, and Allbiz Deal Room, including this memorandum, without retaining copies.
Projections and Currency
All projections in this memorandum have been prepared by Sefilata ,or their accountants for inclusion in this memorandum. Any past or projected profit assumptions are examples only; they do not constitute, and should not be regarded as, a representation that the projected results will actually be achieved or that the underlying assumptions are valid or can be met under new management. The projections are subject to uncertainties and contingencies, all of which are difficult to predict and many of which are beyond the control of Sefilata . Allbiz Deal Room and the consultant, Matthew Holland have not independently verified the projections. All currency amounts are expressed in Australian dollars unless otherwise stated.
All inquiries in connection with this investment process in general should be directed to the listing owner, who is representing themselves in the transaction. All contact between the directors and employees of Sefilata and prospective investors will be arranged by the seller named in this document. Under no circumstances should prospective investors/investors contact staff or employees of Sefilata .
Conditions of Issue Acceptance and Return
  1. This memorandum is supplied on the following conditions, which are expressly accepted and agreed to by the recipient in part as consideration for the supply of the memorandum, as evidenced by the recipient's retention of this document. If these conditions are not acceptable, the memorandum is to be returned. Independent Evaluation
  1. This memorandum does not purport to contain all of the information that may be required to evaluate an investment in Sefilata , intending investors and their respective advisors should conduct their own independent review, investigation, and analysis of the business listing and the information contained in or referred to in this document. No Representations or Warranties
  1. Neither the director(s), the company, the consultant, nor the partners and employees of the consultant, nor their respective subsidiaries or associated companies or businesses, shareholders, directors, partners, or offices (collectively the "Beneficiaries"), make any representation or warranty, express or implied, as to the accuracy, reliability, or completeness of the information contained in this memorandum or subsequently provided to the recipient by any of the beneficiaries. Liability Exclusion
  1. Except to the extent that liability under any law cannot be excluded, the beneficiaries shall have no liability arising in relation to the information contained in this memorandum or in any other way for errors or omissions (including liability to any person by reason of negligence). Estimates and Projections
  1. The estimates and projections in this memorandum rely heavily on subjective analysis and judgement, which may or may not be accurate. There are typically discrepancies between forecasts and actual outcomes, and events frequently deviate from expectations. Independent Review
  1. The recipient, any intending investors, and their respective advisors should conduct their own independent review of the assumptions, calculations, and accounting policies underlying the estimates and projections. The beneficiaries may update or supplement this information at their sole discretion and without any obligation to do so. The provision of any additional information is subject to these terms and conditions. Non-Binding Nature
  1. This Memorandum, including any update or supplement to this document, does not and will not form part of any term sheet or investment agreement that may result from the review, investigations, and analysis of the company by the recipient, intending investors, and/or their respective Any agreement for the investment in the company will contain any and all information, representations, and warranties upon which the recipient or any other intending investor should rely. Formal Agreement
  1. The formal investment agreement or term sheet will also contain an acknowledgement by the recipient that it has not relied on any representations or warranties by any of the beneficiaries in entering into the agreement other than any representations and warranties set out in the agreement itself. Right to Reject
  1. The company reserves the right to evaluate any offers and to reject any and all offers submitted without giving reasons. The beneficiaries shall not be liable to compensate the recipient or any intending investors for any costs or expenses incurred in reviewing, investigating, or analysing any information in relation to the company, whether in making an offer or otherwise. The information in this memorandum is provided to the recipient only as a matter of It does not amount to a recommendation, either expressly or impliedly, with respect to the purchase of the company. Appropriateness and Expert Advice
  1. The information in this memorandum may not be appropriate for all persons, and it is not possible for the beneficiaries to have regard to the investment objectives, financial situation, and particular needs of each person who reads or uses the information in this memorandum. Before acting in reliance on the information in this memorandum, the recipient should check its accuracy, reliability, and completeness and obtain independent and specific advice from appropriate experts.
2. EXECUTIVE SUMMARY
Sefilata has engineered a groundbreaking decentralised Internet of Things (IoT) network infrastructure that addresses the critical challenges faced by remote areas and developing nations. Our technology distinguishes itself from competitors like Helium through the integration of battery-powered modems recharged via solar energy, ensuring reliability in regions with inconsistent power supply. Each modem features either an eSIM or 4G/5G connectivity slot, facilitating internet access while generating tokens when operational.
The global need for our solution is substantial and well-documented. According to World Bank data, approximately 75% of the world's population lives on less than USD $1 per day, predominantly in developing regions. In these areas, communication costs represent a significant burden, with 1GB of mobile data in Sub-Saharan Africa averaging USD $4.47 and USD $3.81 in Southeast Asia (Statista, 2022). Beyond cost, these regions suffer from inadequate communication infrastructure.
Our community-built Hotspots network leverages cutting-edge Distributed Ledger Technology and green energy innovation to address these challenges comprehensively. The Sefilata network reduces mobile internet costs, rewards communities for building localised IoT infrastructure, and enables IoT device connectivity globally. This approach creates a self-sustaining ecosystem where network participants are incentivised to expand coverage through token rewards.
With strategic partnerships already in development with CAMTEL (Cameroon's national telecommunications provider) for infrastructure security and discussions with RMIT Blockchain Innovation for smart city integration, Sefilata is positioned to transform connectivity in underserved markets while creating sustainable economic opportunities for network participants.
3. HISTORY AND KEY BUSINESS MILESTONES
2018: Inception
Sefilata's journey began in 2018 when founder Paulin Tchumtcha Wembe travelled to Cameroon and observed firsthand the challenges posed by insufficient financial and telecommunications infrastructure. Initially focused on addressing banking and payment systems in Sub-Saharan Africa, the company identified a more foundational need: affordable and reliable internet connectivity.
Research Phase
The research phase revealed three critical challenges across developing regions: prohibitively expensive communication and internet data costs, inadequate IoT wireless technology infrastructure, and the financial infeasibility of traditional infrastructure development models. This discovery prompted a pivot toward creating a decentralised IoT network that could simultaneously address connectivity, affordability, and economic opportunity.
May 2022: Company Establishment
In May 2022, Sefilata was formally established in Melbourne, Australia, and immediately began developing its core technology stack. By late 2022, the company had completed the initial architectural design of its decentralised IoT network powered by solar energy, setting itself apart from other market players through its sustainability focus and adaptability to regions with unreliable power supplies.
2023: Technical Development
Throughout 2023, Sefilata achieved significant technical milestones, including the development of prototype hardware for network hotspots, refinement of its token-based incentive model, and the creation of its proprietary Random Walk Monte Carlo algorithm to ensure honest reporting of wireless coverage. The company also began proof-of-concept testing in selected areas and initiated discussions with potential partners.
Early 2024: Test Deployment
By early 2024, Sefilata had successfully deployed a limited test network in Melbourne and initiated conversations with CAMTEL regarding infrastructure security applications. Additionally, discussions commenced with RMIT Blockchain Innovation Hub about incorporating the technology into Melbourne's smart city initiatives, demonstrating the versatility of the platform beyond its original developing market focus.
Present: Scaling Phase
The company has now reached a critical inflection point where it is ready to scale from successful technical prototypes and limited deployments to comprehensive network implementation, beginning with a phased rollout in Cameroon as a blueprint for expansion into similar markets.
4. TYPICAL CUSTOMERS
Sefilata's innovative decentralised IoT network infrastructure appeals to a diverse range of customers across multiple sectors, each benefiting from the platform's unique capabilities.
Digital Payment Providers
Our primary customer segment comprises digital payment providers, exemplified by our collaboration with PayAll. This digital payment platform will leverage our network to ensure reliable, low-cost transaction processing across urban and rural environments alike. In regions where traditional banking infrastructure is limited but mobile adoption is high, our technology enables fintech solutions to reach previously underserved populations. The significantly reduced data costs make micro-transactions economically viable, opening new markets for payment providers.
Infrastructure Security
Infrastructure security represents another significant customer segment. We are in advanced discussions with CAMTEL, Cameroon's national telecommunications provider, to implement our geo-fencing capabilities for securing their extensive cable network against theft. This application demonstrates how our IoT infrastructure can be repurposed for physical asset monitoring across vast geographical areas—a persistent challenge in regions with limited surveillance options. Similar applications extend to pipeline monitoring, electricity distribution networks, and other critical infrastructure.
Smart City Initiatives
Smart city initiatives form our third major customer category. Our ongoing dialogue with RMIT Blockchain Innovation illustrates the technology's applicability in developed markets, where our network can provide the connectivity backbone for urban IoT deployments. These applications include traffic management, public transportation optimisation, environmental monitoring, and municipal asset tracking. The decentralised nature of our network makes it particularly cost-effective for comprehensive urban coverage.
Additional Sectors
Additional customer segments include agricultural technology providers requiring remote monitoring solutions, healthcare organisations seeking patient monitoring capabilities in rural areas, and educational institutions needing reliable connectivity for remote learning programmes. Transportation and logistics companies represent another promising sector, using our network for vehicle tracking and supply chain visibility across challenging geographies.
What unifies these diverse customers is their need for affordable, reliable connectivity in areas where traditional telecommunications infrastructure is either prohibitively expensive or inconsistently available—precisely the gap that Sefilata's technology is designed to fill.
5. MEET THE TEAM
Dr Pauiln Tchumtcha Wembe
CEO and Founder
At the helm of Sefilata is founder and CEO Dr. Paulin Tchumtcha Wembe, a Melbourne-based technology entrepreneur and project management expert with extensive qualifications tailored to the company's mission. Dr. Wembe brings a rare combination of blockchain expertise, project management discipline, and intimate knowledge of developing market challenges to his leadership role.
Dr. Wembe's academic credentials speak to his deep expertise in the technologies underpinning Sefilata's innovation. He holds a Master of Blockchain Enabled Business from Royal Melbourne Institute of Technology (RMIT University), providing the foundational knowledge for Sefilata's token-based incentive model and distributed ledger architecture.
This is complemented by his Master of Project Management, also from RMIT, which informs his methodical approach to scaling complex technological initiatives across challenging environments. Dr. Wembe's diverse educational background equips him with the multidisciplinary skills required to lead Sefilata's ambitious mission.
In addition to his blockchain and project management expertise, Dr. Wembe also holds a Masters in AI. This advanced degree in artificial intelligence further enhances his ability to drive Sefilata's cutting-edge technological solutions forward, leveraging the latest advancements in machine learning and intelligent systems.
His highest academic achievement, a PhD in Construction Project Management from Curtin University in Perth, brings valuable insights into infrastructure development—knowledge directly applicable to Sefilata's network deployment strategy. Dr. Wembe has further enhanced this expertise through studies at Tsinghua University in Beijing, focusing on International Construction and Project Management, adding global perspective to his understanding of large-scale infrastructure challenges.
As Sefilata progresses through its growth phase, Dr. Wembe is assembling a team of technical and business professionals who share his vision for democratised connectivity. The company is actively recruiting specialists in telecommunications infrastructure, blockchain technology, hardware engineering, and emerging market business development.
The advisory board currently includes telecommunications veterans with experience deploying networks in challenging environments, blockchain economists specialising in token incentive models, and experts in renewable energy solutions for off-grid applications. This combination of expertise directly addresses the multidisciplinary challenges of creating a sustainable, community-powered IoT network that functions effectively in regions with limited infrastructure.
Dr. Wembe's leadership philosophy emphasises both technical excellence and social impact, ensuring that Sefilata's growth creates meaningful economic opportunities for the communities it serves while delivering value to customers and investors alike.
5. MEET THE TEAM
Bernard Lee
Chief Technology Officer
Mr. Lee's impressive background and experience make him a valuable asset to Sefilata's team. As a Member of the Innovation & Technology Committee and Co-Chair of the Sustainable Business and Management division at the UNESCO Hong Kong Association, he brings a wealth of expertise in cutting-edge technologies and sustainable business practices.
In addition to his roles with UNESCO, Mr. Lee also serves as an Industry Advisor for the Big Data Lab at the Polytechnic University of Hong Kong. This position allows him to stay at the forefront of the latest advancements in data analytics and artificial intelligence, which are core to Sefilata's innovative solutions.
Prior to his current engagements, Mr. Lee held senior positions at renowned global technology companies, including Foxconn China, Symantec USA, and Cisco Singapore. His software, which was deployed at major fast food chains worldwide, was recognized with Gartner's Best Software award in the United States. This accolade is a testament to his technical prowess and ability to deliver impactful, award-winning solutions.
Academically, Mr. Lee holds a B.Sc. (Cum Laude) in Computer Science from the University of Washington, USA, and an M.Sc. in Computer Science from the University of British Columbia, Canada. His strong educational background, combined with his extensive industry experience, make him an invaluable addition to Sefilata's executive team.
River Gui,
Director of Engineering
Mr. Gui's impressive 20-year career in hardware development and production management makes him a valuable asset to the Sefilata team. With a strong background in electronic information technology engineering, he has served as a technical director at a well-known domestic company, where he has been deeply involved in the Internet of Things (IoT) for commercial hotels.
His primary products have passed cybersecurity certification by the China Telecom Research Institute, demonstrating his commitment to delivering secure and reliable solutions. Additionally, the security door lock products he has developed have maintained a long-term strategic partnership with a Hong Kong telecommunications company, further validating his expertise in the field.
In his current role, Mr. Gui is responsible for hardware development and cost reduction efforts, leveraging his extensive knowledge and experience to drive innovation and optimize Sefilata's offerings. His technical prowess, combined with his proven track record in the industry, make him a valuable member of the Sefilata team.
Mayukhraj Ray
Director of Information Systems
Ray's background is quite impressive, as he brings a unique blend of expertise in both mechanical engineering and artificial intelligence software development. With a strong foundation in mechanical engineering, he has honed his skills in designing and optimizing physical systems and components.
In addition to his engineering prowess, Ray has also made significant contributions in the field of artificial intelligence. He has managed a software team dedicated to AI research and development, with their work currently powering the student services department at the prestigious University of Hong Kong.
This combination of technical acumen and managerial experience makes Ray a valuable asset to the Sefilata team. His ability to bridge the gap between physical systems and cutting-edge software solutions will be instrumental in driving the company's innovative offerings forward.
As Sefilata continues to expand its reach and push the boundaries of what's possible, Ray's unique skillset and proven track record will be invaluable in helping the company achieve its ambitious goals.
6. SWOT ANALYSIS
Strengths
Sefilata's primary strength lies in our innovative technological integration, combining solar power, decentralised networks, and token incentives into a cohesive system specifically designed for challenging environments. This approach creates a unique value proposition unmatched by traditional telecommunications providers or existing decentralised networks. Our system's independence from reliable power grids represents a significant competitive advantage in developing markets.
The token-based incentive structure creates a self-propagating network effect—as more participants deploy hotspots, network coverage expands organically without centralised infrastructure investment. This community-driven approach enables rapid scaling with minimal capital expenditure compared to traditional telecommunications infrastructure deployment.
Our founder's deep understanding of both developing market challenges and advanced blockchain technology provides strategic insight that bridges theoretical innovation and practical implementation. This expertise is complemented by established relationships with key stakeholders in target markets, including government telecommunications entities and educational institutions.
Weaknesses
As an early-stage company, Sefilata faces resource constraints that limit simultaneous expansion into multiple markets. Our technology, while innovative, requires further optimisation for mass production and deployment—particularly in ruggedising hardware for harsh environmental conditions common in target regions.
The regulatory environment for both telecommunications and cryptocurrency varies significantly across target markets, creating compliance complexities that require careful navigation. Additionally, establishing reliable supply chains for hardware components in developing regions presents logistical challenges that could impact deployment timelines.
Our reliance on community participation for network expansion creates potential coverage variability, with urban areas likely to achieve density more quickly than rural regions where economic incentives may be insufficient despite greater need.
Opportunities
The vast underserved market for affordable internet connectivity in developing regions represents a significant growth opportunity, with billions of potential users currently limited by cost or access. Strategic partnerships with financial technology companies, particularly those focused on mobile payments and microfinance, could accelerate adoption while creating mutual benefits.
Government digitalisation initiatives across developing nations provide potential for large-scale contracts and regulatory support, particularly in healthcare, education, and public service delivery. Growing interest in sustainable development and clean technology investment creates alignment with ESG-focused funding sources beyond traditional venture capital.
The increasingly mainstream adoption of tokenised economic models and broader acceptance of decentralised technologies improves the receptiveness to our innovative approach among both users and partners.
Threats
Established telecommunications providers may view our disruptive model as a threat and respond with aggressive pricing, regulatory obstruction, or competing offerings. Regulatory uncertainty regarding both telecommunications licensing and cryptocurrency legality in target markets could create operational barriers or unexpected compliance costs.
Hardware supply chain disruptions, particularly for specialised components, could impact deployment timelines and unit economics. Potential security vulnerabilities inherent in decentralised networks require continuous vigilance and technological innovation to maintain system integrity and user trust.
Macroeconomic instability in developing regions may affect both deployment capabilities and user adoption rates, while currency volatility could impact revenue conversion from local currencies to operational currencies.
7. OUR PRODUCTS OR SERVICES
Sefilata has developed a comprehensive decentralised wireless network ecosystem built around our proprietary Low Power Wide Area Network (LPWAN) protocol operating on purpose-built distributed ledger technology. At the core of our offering is SIOT, our native token that powers the entire network's incentive structure.
Hotspot Nodes
Our hardware ecosystem consists of three primary components. First, our Hotspot nodes provide wireless network coverage through purpose-built hardware devices. These modular units feature integrated solar panels and battery storage, ensuring operational continuity in regions with inconsistent power supply. They support both LoRaWAN and cellular backhaul connectivity options, adapting to local infrastructure availability. Hotspot operators earn SIOT tokens by providing verified network coverage, creating a self-sustaining expansion model.
IoT Devices
Second, our IoT devices utilise radio chips and firmware compatible with Sefilata's open-source LPWAN protocol. These devices communicate with Hotspot nodes without transaction fees, dramatically reducing the operating costs for connected applications. The platform supports diverse device types from simple sensors to complex payment terminals, all benefiting from our low-power, long-range connectivity.
Network Architecture
Our network architecture employs a sophisticated messaging system supporting multiple communication types. Some messages transfer value (SIOT tokens or digital assets), others transfer pure data, and some can contain both value and data simultaneously. This flexibility enables decentralised transport of information and value in single messages with high security and zero fees—a critical factor for microservice economics in developing regions.
The technical foundation incorporates several innovative security measures. Our network employs a seed-based system generating virtually infinite private/public key pairs for device security. Hotspot nodes undergo a rigorous verification process requiring acceptance by multiple existing nodes and validation by network validators who themselves earn SIOT rewards for participation in the consensus group.
To ensure network integrity, we've implemented a proprietary Random Walk Monte Carlo algorithm that cryptographically verifies Hotspot nodes are honestly representing their wireless coverage. This prevents fraudulent coverage claims while maintaining the decentralised nature of the network.
The entire ecosystem operates without traditional subscription fees, instead using a token-burning mechanism where device operators expend SIOT tokens to maintain their network connectivity. This approach enables flexible, usage-based pricing ideal for regions where traditional subscription models are economically unviable.
8. COMPETITOR ANALYSIS
The landscape for IoT connectivity in developing markets features several distinct competitor categories, each with significant limitations that Sefilata's solution specifically addresses.
Traditional Telecommunications
Traditional telecommunications providers represent the most established competition. Companies like Orange, MTN, and regional carriers in our target markets offer cellular connectivity but typically focus on urban centres with high population density. Their business models require substantial infrastructure investment, resulting in prohibitively expensive data costs (averaging USD $4.47 per gigabyte in Sub-Saharan Africa). These operators lack economic incentives to expand coverage to rural areas where approximately 60% of the developing world's population resides. Furthermore, their centralised infrastructure is vulnerable to power outages—a recurring challenge in many developing regions where grid reliability ranges from 40-70%.
Decentralized IoT Networks
Helium Network represents our closest competitor in the decentralised IoT space. While pioneering the community-built wireless network model with token incentives, Helium has critical limitations. Their hardware lacks integrated power backup solutions, rendering their hotspots inoperable during power outages. Their primary focus remains on developed markets with reliable infrastructure, with minimal penetration in the developing regions that constitute our core target market. Additionally, Helium's economic model has faced sustainability challenges, with declining rewards for network participants potentially undermining their expansion momentum.
Satellite-based IoT Providers
Satellite-based IoT providers like Swarm (acquired by SpaceX) and Astrocast offer global coverage but at significantly higher hardware and operational costs. Their technology requires expensive specialised equipment that is economically unviable for widespread adoption in price-sensitive developing markets. Typical satellite IoT modules cost 5-10 times more than Sefilata's hardware, with subscription fees structured for industrial rather than consumer or small business applications.
LoRaWAN Community Networks
LoRaWAN community networks exist in some regions but lack coordinated deployment strategies and sustainable economic models. These fragmented initiatives typically rely on grants or volunteer efforts rather than self-sustaining token economies, limiting their scale and longevity.
Sefilata's Competitive Advantage
Sefilata's competitive advantage stems from our purpose-built solution addressing the specific challenges of developing markets: power reliability (solar+battery integration), affordability (token-based incentives reducing infrastructure costs), and adaptability (flexible deployment models suited to diverse environments). Our multi-faceted focus on both technological and economic innovation creates significant barriers to entry for competitors attempting to replicate our approach.
The market remains sufficiently nascent that we anticipate partnering opportunities with some current competitors, particularly telecommunications providers seeking cost-effective ways to expand their IoT coverage without traditional infrastructure investment.
9. ROADMAP AND GROWTH OPPORTUNITIES
Sefilata's growth strategy follows a carefully sequenced approach to network deployment, technology development, and market expansion over the next five years.
Phase 1: Cameroon Network Deployment (2025-2026) Our immediate focus is implementing our phased deployment plan across Cameroon, beginning with high-density urban centres (Yaoundé, Douala, and Bafoussam) requiring approximately 320 antennas. This initial deployment will establish our operational model, refine installation procedures, and demonstrate real-world performance. This phase targets 100,000+ connected devices and establishes partnerships with at least five local application developers to create market-specific solutions.
Phase 2: Regional Expansion (2026-2027) Following successful implementation in Cameroon, we will expand to neighbouring countries with similar infrastructure challenges, beginning with Nigeria, Ghana, and Côte d'Ivoire. Simultaneously, we'll extend Cameroon coverage to semi-urban areas and transportation corridors, adding approximately 280 additional antennas. This phase will include the establishment of regional manufacturing capabilities to reduce hardware costs and improve supply chain resilience.
Phase 3: Product Diversification (2027-2028) As our network footprint grows, we'll introduce expanded hardware offerings, including miniaturised sensors, industrial IoT devices, and consumer products leveraging our connectivity. We'll launch a developer platform with simplified tools for creating applications on our network, accompanied by a venture fund to support local entrepreneurs building on our infrastructure. During this phase, we'll also complete rural coverage deployment in Cameroon with approximately 300 additional antennas.
Phase 4: Global Market Entry (2028-2029) With a proven model in West Africa, we'll expand to Southeast Asia, beginning with Indonesia, the Philippines, and Vietnam—markets with similar connectivity challenges and substantial populations. We'll also explore opportunities in Latin America, focusing initially on Colombia and Peru. This geographical diversification will be accompanied by the introduction of advanced network features, including enhanced security protocols and increased bandwidth capabilities.
Phase 5: Ecosystem Maturation (2029-2030) Our long-term vision involves transitioning from infrastructure provider to platform ecosystem, where our network supports thousands of applications across diverse sectors. We anticipate reaching 10+ million connected devices across multiple continents, with a self-sustaining token economy generating sufficient network growth without additional external investment.
Key growth opportunities beyond our core deployment include:
  1. Smart City Partnerships: Building on our discussions with RMIT, we see substantial potential for municipal contracts in both developing and developed markets seeking cost-effective IoT deployment.
  1. FinTech Integration: Expanding our relationship with PayAll and similar providers to facilitate mobile banking, microinsurance, and remittance services.
  1. Agricultural Technology: Developing specialised applications for precision farming, livestock monitoring, and supply chain transparency in agricultural economies.
  1. Health Infrastructure: Creating connectivity solutions for remote clinics, medication authentication, and patient monitoring across underserved regions.
  1. Educational Access: Facilitating distance learning and digital curriculum delivery to remote educational institutions.
Each of these vertical opportunities represents substantial market potential while furthering our core mission of democratising connectivity and economic opportunity.
10. USE OF CAPITAL
The AUD $49 million investment will be strategically allocated across five critical areas to ensure successful execution of our business plan over the next 24-36 months. This funding structure is designed to support our comprehensive deployment in Cameroon while establishing the foundation for broader regional expansion.
Network Infrastructure (AUD $24.5 million, 50%) The largest portion of funding will directly support our phased network deployment in Cameroon. This includes:
  • Hardware procurement: AUD $11.5 million for approximately 900 antennas and associated equipment
  • Installation and civil works: AUD $6 million for site preparation, mounting, and physical infrastructure
  • Backhaul connectivity: AUD $4.5 million for fiber/satellite backhaul to ensure network connectivity
  • Power systems: AUD $2.5 million for solar panels, batteries, and power management systems
This allocation will fund our complete three-phase deployment plan covering urban centres, semi-urban areas, and rural regions, creating comprehensive national coverage that serves as our proof-of-concept for subsequent expansion.
Research & Development (AUD $9.8 million, 20%) Continued innovation remains critical to maintaining our technological advantage:
  • Hardware optimisation: AUD $4.5 million for ruggedising designs, improving energy efficiency, and reducing manufacturing costs
  • Software development: AUD $3.5 million for enhancing our distributed ledger technology, security protocols, and network management systems
  • Testing and certification: AUD $1.8 million for regulatory compliance, interoperability testing, and performance validation across diverse environments
Operations & Team Expansion (AUD $7.35 million, 15%) Building the organisational capacity to execute our vision:
  • Technical team expansion: AUD $3.5 million for engineering, development, and network operations specialists
  • Business development: AUD $2.25 million for regional managers, partnership directors, and market entry specialists
  • Melbourne headquarters: AUD $1.6 million for expanded facilities, equipment, and operational infrastructure
Marketing & Business Development (AUD $4.9 million, 10%) Accelerating adoption and partnership development:
  • Partner ecosystem development: AUD $2.5 million for engaging application developers, device manufacturers, and service providers
  • Market education: AUD $1.4 million for awareness campaigns, demonstration projects, and community engagement
  • Industry presence: AUD $1 million for conference participation, thought leadership initiatives, and industry association engagement
Working Capital & Contingency (AUD $2.45 million, 5%) Ensuring operational flexibility and risk management:
  • Inventory management: AUD $1.2 million for maintaining component supplies amid global supply chain uncertainties
  • Regulatory contingency: AUD $750,000 for addressing evolving compliance requirements across multiple jurisdictions
  • Operating reserve: AUD $500,000 for unexpected costs and opportunities
This funding structure balances immediate deployment needs with long-term capability development, enabling us to demonstrate commercial viability in our initial market while building the foundation for sustained growth across multiple regions. The investment will support operations until we achieve our target of 320,000+ customers, at which point network economics become self-sustaining through token utilisation and ecosystem revenue.
Investment Process Guide
The directors of Sefilata will manage the investment process, including all negotiations, offers, and inspections.
Expression of Interest Submission
The investment process begins with submitting your Expression of Interest (EOI) through our project page portal. This initial step requires: Detailed outline of proposed investment terms and conditions Specific requirements or requests related to the investment Supporting documentation that strengthens your expression of interest Clear statement of intended investment amount and structure Note: All expressions of interest at this stage are non-binding and serve as a foundation for further discussion.
Draft Term Sheet Development
Upon acceptance of your EOI, we will prepare a comprehensive draft term sheet that outlines: Proposed investment structure and deliverables Detailed timeline for investment completion Payment terms and schedule Key performance indicators and milestones Rights and obligations of all parties Governance arrangements and reporting requirements Both parties will have the opportunity to review and negotiate the terms before proceeding to the next stage. This collaborative approach ensures alignment of interests and expectations.
Due Diligence Process
A thorough due diligence process is essential to protect your interests and verify all aspects of the investment opportunity. This stage includes: Financial Review Analysis of historical financial statements Review of financial projections and assumptions Assessment of cash flow and working capital requirements Evaluation of existing debt and liabilities Legal and Regulatory Review Verification of corporate documentation Review of existing contracts and agreements Assessment of regulatory compliance Examination of intellectual property rights Operational Assessment Review of business model and operations Analysis of market position and competition Assessment of management team capabilities Evaluation of growth potential and risks Reputation and Track Record Background checks on key stakeholders Review of past performance and track record Assessment of industry reputation Analysis of customer and supplier relationships
Final Agreement Execution
The final agreement serves as the legally binding document governing the investment relationship. This agreement will: Incorporate all negotiated terms and conditions Detail the rights and obligations of all parties Specify dispute resolution procedures Include all necessary warranties and representations Outline reporting and communication requirements Specify conditions precedent to completion All parties should seek independent legal advice before executing the final agreement.
Investment Completion
The final stage involves the secure transfer of investment funds: Fund Transfer Process Obtain final clearance from legal and accounting advisers Prepare necessary documentation for fund transfer Initiate transfer through approved financial institution Transfer funds to designated solicitor's trust account or as agreed Important Considerations Ensure compliance with anti-money laundering regulations Maintain clear documentation of the transfer process Obtain written confirmation of fund receipt Verify that all conditions precedent have been satisfied Post-Investment Steps Confirm receipt of share certificates or investment documentation Establish ongoing reporting and communication channels Implement agreed governance arrangements Schedule initial post-investment review meeting This investment process has been designed to protect the interests of all parties whilst ensuring a smooth and efficient transaction. Each step includes appropriate safeguards and verification procedures to minimise risk and maximise the potential for successful outcomes.
CONTACT DETAILS AND THANKS
Thank you for considering an investment in Sefilata's vision of democratising connectivity through our innovative decentralised IoT network infrastructure. We are excited about the potential to partner with investors who share our commitment to technological innovation, sustainable development, and economic empowerment in underserved markets.
We welcome the opportunity to discuss our plans in greater detail, demonstrate our technology, and explore how your investment can accelerate our impact while generating substantial returns. Our team is available to provide additional information, arrange site visits to our Melbourne headquarters, or conduct virtual demonstrations of our network capabilities.
Primary Contact:
Dr. Paulin Tchumtcha Wembe Founder and CEO
Phone: +46 466 603 026
Registered Office: Sefilata Pty Ltd ABN: 41656265031 Melbourne, Victoria 3053 Australia
We are particularly interested in engaging with investors who bring strategic value beyond capital, including expertise in telecommunications, emerging markets, blockchain technology, or sustainable development. If you have specific insights or connections that could accelerate our mission, we would be eager to explore potential synergies.
Our data room containing detailed technical specifications, market analyses, and financial projections is available upon request following the execution of a non-disclosure agreement. We can also arrange conversations with our development partners, including representatives from CAMTEL and RMIT Blockchain Innovation, to provide additional perspective on our technology's applications.
Thank you for your consideration. We look forward to the possibility of partnering with you to build the future of inclusive connectivity and create meaningful impact across developing regions worldwide.