caixa empreender award 2016 | biomimetx (cohitec)
TRANSCRIPT
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TEAM
Patrick Freire
Gonçalo Costa
Romana Santos
Cristina Simões
CEOFOUNDERS
CSO
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BRIEF HISTORY
2009 2013 2014 2015
R&D phase475k€ academic
projects incorporation
Natural Resources and Environment
Best PresentationAward of an
Emerging Company
Support by ACT by COTEC
15k€ IP protection
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BRIEF HISTORY
2009 2013 2014 2015
R&D phase475k€ academic
projects is founded
Natural Resources and Environment
Best PresentationAward of an
Emerging Company
Support from ACT by COTEC
15k€ IP protection
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PROBLEM and NEED
Travel speedFuel consumptionMaintenance costs
WeightDragCorrosion/Degradation
Slime 8 % drag increase
Algae 10 % drag increase
Hard 40 % drag increase
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Biofouling increases fuel consumption by 25%
€51 billion/year in extra fuel
€3,7 billion/year in maintenanceSchultz MP et al.. Economic impact of biofouling on a naval surface ship. Biofouling. 2011
PROBLEM and NEED
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CURRENT SOLUTIONSHealing biofouling
Preventing biofouling
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CURRENT SOLUTIONS
Copper
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CURRENT SOLUTIONS
biocide-free solutions
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CURRENT SOLUTIONS
New molecules
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WE HAVE THE ALTERNATIVE!
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OUR PRODUCT
Broader activity spectrum
Lower cost
Safer-handling
Environmental-friendly
BMX-11 new biological biocide for marine paints
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INDUSTRY MAP
Paint Producers Ship-owners
Chemicals supplying
companies
Biocide suppliers
Copper supplying
companies
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MARKET VALUE
Paint Producers Ship-owners
Chemicals supplying
companies
Biocide suppliers
Copper supplying
companies
€2,5 billionGrowth of 3%/year
COPPER MARKET VALUE
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BUSINESS MODEL
Paint Producers Ship-owners
Contract Manufacturing Organization
Mass productionoutsourced
Product dvpt (R&D)Quality control
Distribution (B2B)Customer service
Copper supplying
companies
Chemicals supplying
companies
Biocide suppliers
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Mar
May
Jun Jul
Sept
Oct Nov
SEED FUND
Patent application
Scalability 200L
Paint Incorporation
Registration Roadmap
Preliminary se
a tests
Risk
SEED FUND USAGE - MILESTONES
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Cleantech 2015
SEED FUND USAGE - MILESTONES
Norway Presidential Visit
Advisor selection
Go4Ventures
BiomarineNC, USA
Advisor selectionPHI, USA
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ROADMAP
2015 2016
PoC
2017 2018
Product development & prototyping
€ 225 k ✔
Industrial scale-up
US product registration
Sea tests
Business development network
€ 2 M
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ROADMAP
2015 2016
PoC
2017 2018
Product development & prototyping
€ 225 k ✔
Industrial scale-up
US product registration
Sea tests
Business development network
€ 2 M
€ 1.3M ✔
800k
300k
300k
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ROADMAP
2015 2016
PoC
2017 2018
Product development & prototyping
€ 225 k ✔
Industrial scale-up
US product registration
Sea tests
Business development network
€ 2 M
Exit Strategy
€ 1.3M ✔
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ROADMAP
2015 2016
PoC
2017 2018
Product development & prototyping
€ 225 k ✔
Industrial scale-up
US product registration
Sea tests
Business development network
€ 2 M + 1.4 M
Production & mkt traction
Sales US
Product & Sales promotion
€ 1.3M ✔
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WRAP-UP
We have the right solution, to the right
market,
at the right time!
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https://www.linkedin.com/company/biomimetxhttp://biomimetx.wix.com/biomimetx
Thank you!