Slide 1: Growing perfect produce has never been so easy
Growing perfect produce has never been so easy. 1
Slide 2: Growing food on-site is difficult
Growing food on-site is difficult. Hyperlocal food is better for you and the planet. We make it accessible to anyone. Chef Dan Barber's Stone Barns (**Michelin) as seen on Netflix 2
Slide 3: Perfect produce on demand: The Galleri Micro-Farm
Perfect produce on demand: The Galleri Micro-Farm BabylonIQ software Automated Micro-Farms All-inclusive support 50 + crop varieties 3
Slide 4: 4
4
Slide 5: Our software takes the guesswork out of growing
Remote Management Using BabylonIQ Our software takes Predictive Rapidly scalable the guesswork out Real-time Global fleet remote analytics & visibility a.k.a. & deployable maintenance of growing management air traffic control 5
Slide 6: Our app guides users from seed to harvest
Our app guides users from Farm to Fork in 30 seed to harvest Minutes Per Week 4. Enjoy 1. Supplies fresh food delivered We redefine the indoor farming experience 3. Await a 2. Scan seed pods into the notification farm ● Reliable produce every time ● Automated crop scheduling ● Harvest Alerts ● Suppo
Slide 7: We bring people closer to their food supply, we inspire engagement
We bring people closer to their food supply, we inspire engagement Consumers care about food & about the planet. Businesses need to show they do too. 7
Slide 8: Responsible sourcing is a priority for sustainable organizations
Responsible sourcing is a priority for sustainable organizations Our Platform Our Produce Our Data Safe & Reliable Hyper-Local Measures Efficacy & ESG-Aligned At Scale Our metrics qualify for We contribute to sustainable 9/17 of the UNʼs SDGs certifications 8
Slide 9: We're just getting started
We're just getting started US 2025 SERVICEABLE MARKET* Foodservice, Retail, and Consumer $13.1B Applications. Qualified Locations: 12,300,000 OTHER SERVICEABLE MARKETS $3.2B US Grocery, Fine Dining, K-12 Education, Full-Service Apartments Qualified Locations: 288,000 BEACHHEAD MARKETS US Healthcare,
Slide 10: Our traction is accelerating
Our traction is accelerating Identified Install Locations March 2022 3 Units Installed Backlog 1 1 2 2 76 73+ 5 3 1 9 1 12 6 3 3 2 4 5 4 2 3 1 Revenue 2 57 6 2 Q4 ʻ21 Run Rate 2021 Growth 6 $1.85M 375% YoY 2 1 10
Slide 11: Our institutional client base provides a clear path to scale
Our institutional client base provides a clear path to scale Sample Clients Today 1 20 9 10 Locations 326 7,900 9,000 16,100 Penetration Potential 75% 20% 20% 20% Revenue Potential $6.9M $45M $51M $91M 11
Slide 12: Our installation base generates consistent recurring revenue
Our installation base generates consistent recurring revenue Monthly Subscription We make money on the sale of each Unit Price Micro-Farm. $14,995 $375 (36-Month Contract) We generate high-margin recurring revenue from our long-term support contracts. Total Contract Value We have a sticky product de
Slide 13: On-site vertical farming is an emerging category
On-site vertical farming is an emerging category Utility Scale High Productive Capacity On-Site B2B Less $ More $$ Consumer / Hobby Low Productive Capacity 13
Slide 14: Equity Rounds & Milestones
Equity Rounds & Milestones Pre-Seed Seed Series A The Future • Sold 100+ Micro-Farms • Install 450+ Micro-Farms • Install 5,000 Micro-Farms • Filed US Patents in the US by 2023 by 2027 • Build out core engineering • Refined installation/Support playbook • Engage with channel • Develop ecosystem of t
Slide 15: Our Micro-Farms are best in class, we have a powerful distribution strategy
Our Micro-Farms are best Highlights in class, we have a powerful ● ● Grow fresh food on-site at the touch of a button B2B solution powered by BabylonIQ software distribution strategy ● ● Scaling within Fortune 500 customer base $1.85M Run Rate, 375% YoY Growth ● $13.1B TAM in the USA, 12.3M Qualified
Slide 16: Expanded Investor Deck Available Upon Request
Expanded Investor Deck Available Upon Request Confidential Investor Presentation 2022 16 16