Savoreat Ltd. · TASE:SVRT-M
Savoreat — Investor Presentation (July 2024)
26 slides from Savoreat's investor presentation, July 2024
Slide 1: Company Deck
COMPANY DECK AI’s Future is surprisingly tasty. SVRT: TASE JULY 2024 1
Slide 2: Notice Re: Fair Disclosure and Forward-Looking Statements Disclaimers
Notice Re: Fair Disclosure and Forward-Looking Statements Disclaimers The following presentation was prepared by SavorEat Ltd. (the "Company") for the purpose of general presentation of certain details about the Company's business and activities, and therefore the information contained therein is co
Slide 3: Market Potential & Business Opportunity
MARKET POTENTIAL & BUSINESS OPPORTUNITY $984B Meat Market The market size of The value of AI in the Size in 2024 (3) burger restaurants restaurant industry is increased to projected to reach Plant-Based Market 166.1B $ in 2022 (2) $6.5 billion by 2027 expected to reach 77.8B $ in 2025 (4) (2) Statis
Slide 4: The Pain – Labor Shortage
THE PAIN – LABOR SHORTAGE Labor shortages continue to be the biggest pain point across Food Service. LABOR SHORTAGE 9 million US jobs open, only 6 million job seekers (1) There are 3 MILLION MORE JOB openings than workers in the U.S. HIGH TURNOVER alone (1). +144% employee turnover in quick-serve re
Slide 5: The Required Solution – Adoption of Innovative Tech
THE REQUIRED SOLUTION – ADOPTION OF INNOVATIVE TECH Most market players agree that innovative tech, especially AI and robotics, solves labor issues in the restaurant industry. Digitizing the supply chain, production, sales, and real-time customer feedback is essential for this integration. SavorEat
Slide 6: Game-Changing AI & Robotic Platform
GAME-CHANGING AI & ROBOTIC PLATFORM • Smart Robot-Chef powered by AI tech. • Digitally creates & cooks up to 90 patties per hour • Advanced SW capabilities can integrate with any online order system. • Fully automated and easy to operate. • High-quality meals on the spot at the touch of a button – o
Slide 7: Key Food Service Industry Challenges
KEY FOOD SERVICE INDUSTRY CHALLENGES LABOR SHORTAGE CHALLENGES PERFECT TASTE & MENU INCREASE The SavorEat automatic system boosts food service efficiency and reduce labor SavorEat’s technology offers diverse menu options with precise preparation, costs. elevating taste to unparalleled levels, all fr
Slide 8: The Power of SavorEat's AI
Sensors & IoT Integration THE POWER OF SAVOREAT'S AI Equipped with sensors that collect real-time data for precise adjustments Quality Control Robotic Automation Recognize and monitor food Robotic arm and mechanical items, temperatures, cooking components enable high precision equipment, and surrou
Slide 9: One Robot Creates Wide Variety
ONE ROBOT CREATES WIDE VARIETY Past, Present & Future 2023-2024 Hash browns, Cheese & Vegetable Patty, Chocolate Chip Cookies Beef, Pork, Real Meat, Poultry & Fish, Turkey Plant-Based Burgers Falafel, etc. 2021-2023 2024-2025 The information about the Business Model, Revenue Model, Distribution Mode
Slide 10: The Journey of SavorEat
THE JOURNEY OF SAVOREAT Step 1 STEP 2 Step 3 SMART ROBOT CHEF YOU CHOOSE a dish from the Digitally produces & cooks loaded with cartridges menu and pick FRESH DISHES and ready to go. YOUR preferences (size, SIMULTANEOUSLY within a protein, doneness). few minutes. Then push the button. 10
Slide 11: SavorEat B2B Business Model
SAVOREAT B2B BUSINESS MODEL Additional key partnerships to: dnapxe the product pipeline, reduce operational complexities ,and accelerate and expand market penetration. GO-TO-MARKET DISTRIBUTION REVENUE MODEL MODEL Foodservice market: Quick Service External distributors and Leasing of Robot Chefs & F
Slide 12: SavorEat B2C Business Model
SAVOREAT B2C BUSINESS MODEL GO-TO-MARKET DISTRIBUTION REVENUE MODEL MODEL Home appliance market: External distributors External distributors and Offering consumers logistics companies (can cartridges for home use and be thru strategic personalized meals on the partnerships) spot. Additional key part
Slide 13: SavorEat's Financial Data
SAVOREAT’S FINANCIAL DATA RESOURCES MAIN INVESTORS $22.8M raised, including: • Millenium Food-Tech • $13M through IPO on TASE • Mor Investment House • in addition, the company received the Israeli Innovation Authority • Meitav Dash approvals for grants in total sum of approximately $2.6 M for the de
Slide 14: Delicious Returns
DELICIOUS RETURNS Platform Return on Investment 20-30% 300$ LIFT BOOST Cut in Food Waste Cost Saving per day In menu innovation In Customer Satisfaction Industry wastes about Including labor, waste, One platform variety of Proven lift in customer 25-40% of food on and electricity-saving food product
Slide 15: Successful Commercial Pilots
SUCCESSFUL COMMERCIAL PILOTS 15
Slide 16: Sodexo Pilot Goals
We are thrilled to partner with a company making waves in the foodservice robotics industry. SavorEat ’s unique mission to bring customizable solutions Sodexo is a global food service leader, operating in over 45 countries and perfectly fits our vision. “ serving nearly 80 million consumers daily. T
Slide 17: Numbers - Sodexo / Denver
NUMBERS - SODEXO / DENVER THE PROGRAM OUR SCORES 3 PLANT-BASED BURGER OPTIONS 9.0/10 SAVOREAT OVERALL EXPERIENCE SCORE 6 MONTHS SEP ´23 - FEB ´24 LUNCH | DINING HALL 8.9/10 LIKELIHOOD TO RECOMMEND SCORE 3000+ MEALS SERVED 8.7/10 TASTE SCORE 100+ FEEDBACK FORMS RECEIVED 4-7 MINUTES AVERAGE PREP TIME
Slide 18: Yarzin Sella Pilot Goals
YARZIN SELLA Customers: Yarzin-Sella provides exclusive corporate dining services for high-tech companies like Meta, “WHERE CAN Google, and Monday I GET IT ONGOING?.” SavorEat's Goals Corporate Segment products assessment. Evaluate User Satisfaction “ “WOW!! YARZIN SELLA Goals HOW DOES IT WORK?.” “
Slide 19: Numbers - Yarzin Sella
NUMBERS - YARZIN SELLA 3 20 Days 1500+ PLANT-BASED MEALS BURGER OPTIONS 3 Locations SERVED 19
Slide 20: BBB Pilot Goals
BBB Customers: “loved everything - the experience, the ordering process in the app, the taste .” BBB is a leading US diner-style burger chain in Israel, with nearly 100 WE NEED IT.” “ family-style restaurants nationwide SavorEat's Goals Technological concept Assess Product Evaluate User validation M
Slide 21: Numbers - BBB
NUMBERS- BBB THE PROGRAM OUR SCORES SAVOREAT 3 PLANT-BASED BURGER OPTIONS 8.6/10 PERSONALIZATION CONCEPT 1 First activity among 8.2/10 LIKELIHOOD TO RECOMMEND SCORE a wide audience 1000+ MEALS SERVED 8.1/10 SAVOREAT OVERALL EXPERIENCE SCORE 6 MINUTES AVERAGE SERVING TIME 21
Slide 22: Strategic Roadmap
STRATEGIC ROADMAP • Secure corporate agreement for Secure agreements with additional machine 2.0 version with a food service groups. customer. • Secure US manufacturing SODEXO Pilot and logistics H1 H1 2024 2025 2029 2023-2024 H2 H2 2024 2025 Production 2.0 Expand/Secure additional B2C food services
Slide 23: SavorEat Subsidiary Egg'n'Up Status
SAVOREAT SUBSIDIARY EGG'N'UP DEVELOPS REVOLUTIONARY PLANT-BASED, MULTIFUNCTIONAL, CLEAN-LABEL EGG REPLACEMENT SOLUTIONS EGG'N'UP STATUS FOR THE FOOD INDUSTRY. • Developed multiple prototypes of egg replacements for Thanks to proprietary know-how – derived from SavorEat’s IP - and different food appl
Slide 24: SavorEat Management Lead
SAVOREAT MANAGEMENT LEAD Ms. Rachel Vizman Prof. Oded Shoseyov CEO & Co-founder CSO & Co-founder Mr. Yossi Hatan Mr. Shai Sultan Mr. Doron Cohen CFO CTO VP R&D 24
Slide 25: The Bottom Line
THE BOTTOM LINE • Patented IP addresses key food industry challenges: labor, operations, waste, and sustainability. • Game-changing platform resolving key foodservice challenges: waste, labor, and operations. • Commercialization: Q4 ‘24 • Major Partners are already on board. • Machine & Food Cartrid
Slide 26: Thank You.
TRULY SUSTAINABLE TOTALLY COMPLETELY DELICIOUS AUTOMATED PERSONALIZED THANK YOU. Let’s Serve the Future of Food Together! Rachel Vizman, CO FOUNDER & CEO | rachel@savoreat.com 26