Steakholder Foods Ltd. · NASDAQ:STKH
Steakholder Foods — Investor Presentation (October 2022)
34 slides from Steakholder Foods's investor presentation, Oct 25, 2022
Slide 1: Investor deck October 22
Investor deck October 22
Slide 2: Disclaimers
Investor deck October 22 Disclaimers This presentation and oral statements made regarding the subject of this presentation contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. Such state
Slide 3: Company highlights
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Slide 4: Company highlights
Investor deck October 22 16 Applications + 16 patent applications submitted (three granted). to date Several trade secrets identified +75 Employees + 60% Biology 20% Mechanics 20% Other highlights Company $59M Raised as of $28 million raised on October + Nasdaq in March 2021 2022 Company highlights_
Slide 5: Group structure
Steakholder Foods Ltd. Bovine & Porcine meat Steakholder Foods Steakholder Foods Steakholder Innovation USA, Inc. Europe BV Ltd. Group structure Peace of Meat BV Company highlights_5/36
Slide 6: Our team
Investor deck October 22 Our mission is to make real meat sustainable. Our team 80% Israel headquarters 20% Belgium 75+ Employees Company highlights_6/36
Slide 7: Management
Investor deck October 22 Yaron Kaiser Arik Kaufman Guy Hefer Dan Kozlovski Co-Founder and Chairman Co-Founder and CEO CFO CTO Management Company highlights_7/36
Slide 8: Advisors
Investor deck October 22 Professor Tal Dvir holds Professor Shlomo Magdassi various director roles at Tel is a professor of chemistry Aviv University, including at at the Casali Center for the Laboratory for Tissue Applied Chemistry, the Engineering and Institute of Chemistry, and Regenerative Medic
Slide 9: Timeline
Investor deck October 22 Timeline 2019 2020 2021 2022 Initiated Listed on the Tel Aviv Acquired Peace of Meat Reported promising results activities stock exchange with muscle stem cell Uplisted to the Nasdaq differentiation into fibers Produced stem cells and and delisted from TASE differentiated th
Slide 10: Alternative protein market overview
Alternative protein market overview
Slide 11: Huge market potential
Investor deck October 22 Huge market Base case potential $240 billion in sales Market share of 9% by 2040 High-growth scenario $470 billion in sales Market share of 18% by 2040 Base case $450 billion in annual sales by 2040 High-growth scenario Market share of 20% by 2040 increasing to 40% by 2050 S
Slide 12: Evolving alt-meat landscape
Evolving alt-meat landscape Organoleptic properties Cultivated whole-cut premium meat Thin tissue of premium cultivated meat Cultivated hybrid meat Plant-based alternative meat Complexity Alternative protein market overview_12/36
Slide 13: The best of both worlds
First stop The best of both worlds Cultured & plant-based hybrid meats Alternative protein market overview_13/36
Slide 14: Printing real meat
Next stop Printing real meat End of 2021 achievement: Steakholder Foods’ 104-gram printed steak Alternative protein market overview_14/36
Slide 15: And tasting it
And tasting it Alternative protein market overview_15/36
Slide 16: Strategy & business model
Steakholder Strategy & business model
Slide 17: Top global cultured meat player by 2025 with 15% market share
Investor deck October 22 20 Top 5 global cultured meat player by 2025 with 15% market share McKinsey estimates that cultured meat will take off in 2025, reaching by some scenarios to 40,000 tons of end products sold Chicken and Beef account for roughly 60% of meat sold globally Steakholder Foods tar
Slide 18: Go to market
Investor deck October 22 Cultivated Producing cells at scale to make fat and meat biomass protein biomass for use in end products Selling Steakholder Foods ingredients as Final product B2B products B2B elaboration Go to market Unstructured Using some proportion of cell-based ingredients for cultivat
Slide 19: Company highlights_19/36
FLAVOR ON THE CUTTING Steakholder
Slide 20: Steakholder Facts
Steakholder Facts NASDAQ TICKER: $STKH Founded 2019 BOLD EXPERT SPIRITED THOUGHTFUL Making the right ct high-quality real meat, ethically laughter free Bp PREMIUM CULTIVATED MEAT
Slide 21: Technology overview
Technology overview
Slide 22: Steakholder Foods' core R&D
Investor deck October 22 Multi-species cell-based manufacturing with bioreactor systems & processes Technologies for using chicken, cow and pig stem Steakholder cells to produce muscle tissue and fat tissue fibers Foods’ core R&D High throughput 3d tissue engineering 3d printing and incubation • Sca
Slide 23: From stem cells to meat
Investor deck October 22 From stem cells to meat The journey Fat Muscle 1. Selection 2. Proliferation 3. Differentiation 4. Meat From a sampled batch of The cells are placed in ideal When they reach optimal Finally, the muscle cells and stem cells, we select the conditions for growing and numbers, t
Slide 24: Dreaming of a steak?
Investor deck October 22 Dreaming of a steak? This is how we do it Fat Muscle 1. Bio Inks 2. 3D bioprinting 3. Incubation We formulate bio ink from The bio ink is loaded into our 3D The printed product is incubated for our carefully selected cell printer which then, in just a matter several weeks to
Slide 25: 16 patent applications submitted (three granted)
Steakholder Foods’ IP 16 patent applications submitted (three granted) 1 Physical manipulation of cultivated tissue 6 3D-printing high resolution support structures 2 Growth support for cell culture 7 Muscle stem-cell fusing process 3 Harvesting bovine embryonic inner cell mass 8 Adipocytes differen
Slide 26: Our impact
Our impact
Slide 27: Cultured meat industry environmental impact
Investor deck October 22 Cultured meat industry Cultured meat industry Cultured meat industry will use 95% less land could reduce air pollution will use 78% less freshwater impact by 93% 93 78 Our future impact_27/36
Slide 28: Social impact and Business impact
Social impact Strengthening local economies and local circular economies Safe, high-quality nutrition Slaughter-free food production Business impact Align with sustainable development goals and values Responsible supply chain Accelerate industry collaboration Our future impact_28/36
Slide 29: Our commitment to the UN sustainable development goals
Our commitment to the 17 UN sustainable development goals Our future impact_29/36
Slide 30: Appendices
Steakholder
Slide 31: Competitive landscape
Investor deck October 22 Competitive landscape Valuation Total 3D Non-GMO as Cell lines Structured Ground Chicken Beef Pork Fish Company (USD) funding printing well as GMO meat products (USD) Steakholder Publicly 59 M Foods Ltd. Public traded Eat Just- Private 170 M Good Meat Upside Foods Private 60
Slide 32: Balance Sheet
Investor deck October 22 Balance Sheet On June 30th, ($, millions) 2022 Solid balance sheet with: Current assets 16.9 $ 14.6 m Non current assets 23.2 Total assets 40.1 Current liabilities 3.9 in cash(1) Non current liabilities 3.6 no bank debt and Total liabilities 7.5 strong IP R&D assets Equity 3
Slide 33: Regulatory progress of cultured meat
Investor deck October 22 Regulatory progress of cultured meat Two regulatory bodies USA EU Requires ‘novel food’ and Sources: Congressional Research Service; Regulation (EU); food safety applications Food Navigator Asia; Singapore Food Agency. China Positive announcements Singapore Already approved
Slide 34: Thank you
Investor deck October 22 Thank you Appendices_34/36
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