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DNA Trek Confidential Slide - 1 Test. Trace. Trust. Anthony Zografos, Ph.D. Founder and CEO [email protected] 510-761-6782

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Page 1: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

DNA Trek ConfidentialSlide - 1

Test. Trace. Trust.

Anthony Zografos, Ph.D.

Founder and CEO

[email protected]

510-761-6782

Page 2: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

Our Company

SafeTraces is developing a suite of disruptive food source assurance solutions

–Source Verification and Traceability

–Adulteration Detection

–Processing Plant Sanitation and Food Safety

We are creating a Global Food Source Assurance Brand

Locally Grown

Page 3: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

Food Safety: a huge opportunity

Consumers demand transparency

Organic/Non-GMO Movement

Food Safety Modernization Act – U.S.A.

Food Safety a National Priority – China

Board Level commitments to verified sources

Page 4: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

Source Assurance Today

Page 5: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

Sanitation Verification Today

Page 6: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

The SafeTraces SolutionsSafeTracesTM Source Verification

–DNA barcodes applied directly on or in the food

•Assure Origin

•Verify Purity

DNATraxTM Sanitation Verification

–Food safe, non-living particles, simulating microbes

–Rapidly validate and verify

–Sanitation (food processing, trucks, etc.)

–Cleaning and disinfection (food preparation, healthcare, etc)

–Wash water (leafy greens and other produce)

Page 7: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

Core TechnologyFDA approved, non-GMO, edible, odorless, colorless,

invisible DNA markers

–originally developed at Lawrence Livermore National Laboratory

–easily integrated into existing processes

–can be exempted from label declaration

–easily read in minutes with an off-the-shelf, handheld, inexpensive device

–protected by 4 issued patents, 4 patent applications, exclusive to SafeTraces for all fields of use

Page 8: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

Two Large Markets: >$4 B

Source Verification: $2 B

Few mature technologies, many small vendors

Value Proposition: the only on-food source verification

Pilot Customers– Apples (Borton Fruit)

– Cantaloupes (Westside Produce)

– Organic Flour (Confidential)

– Ground Beef (Confidential)

– Palm Oil (Confidential)

Sanitation & Safety: >$2 B

Only competitors are live, non-pathogenic bacteria, rejected by the industry

Value Proposition: the only positive control food safety system

Pilot Customers– Leafy Greens – SmartWash,

SimplyClean

– Sanitation - Factor IV

Page 9: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

Experienced and Brilliant Team

Anthony ZografosFounder and CEO

Ph.D Mechanical Engineering

20+ years in executive position

Four start-ups(two IPO’s, one

merger)

10 U.S. Patents

Elliott GrantBoard Member

Ph.D Engineering

Founder, HarvestMark

Founder and CEOShopwell

Mark CarterVP Technology

Ph.D Biochemistry and Molecular Bio.

Research Leader USDA

Extensive start-up experience

58 publications5 U.S. Patents

Ulrike HodgesVP Business Ops

Ph.D Political Science

20 years in Product Management and

Strategy

Extensive start-up experience

Laurie ClotildeDir. Prod. Dev.

Ph.D Molecular Biology

Start-up experience

FDA and USDA Fellowships

25+ publications

Page 10: Test. Trace. Trust. - Future Food-Tech Summit › wp-content › uploads › ... · Four start-ups (two IPO’s, one merger) 10 U.S. Patents Elliott Grant Board Member Ph.D Engineering

Planning for Growth

Raised $2 M to date

–$1.5M convertible note

–$500K grants

Next financing round $2.5 M to support first commercial implementations

We are looking for:

–Strategic Partnerships (Innovative Industry Leaders)

–Technology Partners (Equipment and S/W Solutions)

–Channel Partners (Post Harvest and Food Safety)