Trendlines Group Ltd. · SGX:42T
Trendlines — Agam Aquaculture — Series A Pitch Deck (November 2020)
21 slides from Trendlines's pitch deck, November 2020
Slide 1: A New Technology in Fish Farming Operations
A New Technology in Fish Farming Operations Better Outcomes, Higher Profits Eli Liraz, CEO Nov. 2020
Slide 2: Fish Aquaculture At-A-Glance
FISH AQUACULTURE AT-A-GLANCE FISH MARKET VALUE 2019 2030 $232 billion CAGR 6% $316 billion KEY DRIVERS ✓ Population growth ✓ Healthier protein source ✓ Shortage of marine fish - ✓ Cost-effective production ✓ Rising protein demand ✓ Sustainable & eco-friendly 42 https://www.technavio.com/report/aquac
Slide 3: Problem: Farm procedures performed manually and stressfully
PROBLEM Farm procedures are still being performed MANUALLY & STRESSFULLY Operational workload DECREASED Limited data & accuracy FARM PROFIT Fish mortality & damage 43
Slide 4: Agam's Multi-System Offerings
AGAM’S MULTI-SYSTEM OFFERINGS OUR VISION Agam is developing two in-water systems for inland aquaculture: PRODUCT A PRODUCT B • Catching - • Autonomous, • Sorting real-time • Counting weighing 44
Slide 5: Agam's Innovation
AGAM’S INNOVATION OUR VISION In-water, stress-free automation for INCREASING FARM PROFIT Catching, sorting, counting and weighing systems for: - Size-specific Sorting for selective Ongoing feeding or batching for eliminating biomass harvesting estimations procedures 55
Slide 6: How Do We Catch & Harvest?
HOW DO WE CATCH & HARVEST? CATCH & HARVEST PER SIZE STORE BATCH 1 Attract fish of all 2 Sort fish according to 3 Store sorted fish for sizes. Passages size requirements: batch quantity fully opened smaller sized fish→out Multiple sensor arrays Adjustable passageways Remote control Fish food system &
Slide 7: Ginosar Trial Site: Prototype; Series A Use of Funds
GINOSAR TRIAL SITE: PROTOTYPE SERIES A: RAISING USD $1.5M TO REACH MARKET USE OF FUNDS ▪ System engineering for minimum viable product (MVP) - Cost reduction, DIY assemblies & packaging ▪ Software development - Machine learning system, Farm operations, GUI ▪ Customer 𝞫 sites ▪ Filing patents 7
Slide 8: Series A: Raising USD $1.5M to Reach Market
GINOSAR TRIAL SITE: PROTOTYPE SERIES A: RAISING USD $1.5M TO REACH MARKET USE OF FUNDS ▪ System engineering for minimum viable product (MVP) - Cost reduction, DIY assemblies & packaging ▪ Software development - Machine learning system, Farm operations, GUI ▪ Customer 𝞫 sites ▪ Filing patents 8
Slide 9: In-Water, Real-Time Weighing System
IN-WATER, REAL-TIME WEIGHING SYSTEM Attract swimming Sensors installed on 1 2 3 Average weight and fish of all sizes to HARVESTING biomass calculation cubicle capture the cubicle swimming fish data (including partial) . In-water cubicle Cage passageways fully WEIGHTING (biomass estimation) Multiple
Slide 10: In-Water Weighing System
IN-WATER WEIGHING SYSTEM ✓ Automatic Continuous Weighing - Substitutes manual weighing procedures - No stress, fish remain in water ✓ Expanded Farm Capabilities - Sends alerts when fish are not responding to feed - Harvest consideration ✓ Real-time data streaming - Captures accurate data in all wate
Slide 11: Value Proposition
VALUE PROPOSITION ↑ Revenue ↑ Expenses & Losses Yield increase Labor & time savings ▪ Reduced mortality & stress • Less manual labour damage • Automated routine ▪ No lost feeding days activities ▪ Optimized growth Feed optimization Expanded capabilities • Maximize fish size ▪ Alerts you when fish st
Slide 12: POC: Sorting & Counting
POC: SORTING & COUNTING Fish Batch Sorting Counting # of Fish Passes Pond Population Size ▪ Sensors placed on cage passageways Distribution ▪ A distinct signal observed for each fish 15% 6% entering/exiting ▪ Direction of fish movement can be determined via sensor signal 85% ` 94% 25 Sensor-Based De
Slide 13: Competitive Landscape
COMPETITIVE LANDSCAPE Size- Operates in Inland Example Product In-water Automatic varied H2O adjustability application companies Type conditions Belt/carousel N/A HARVESTING Sorting for Floating N/A Net N/A IR out-of-water N/A ESTIMATION BIOMASS Vision-based N/A IR in-water N/A ALL-IN- ONE 13
Slide 14: IP
IP ✓ PCT filed 1. An in-water automatic system and method for accurate fish sorting by desired size range. 2. A method for monitoring and improving feed conversion ratio (FCR). 3. A system and method for controlling fish movement inside and outside of the cage. 14
Slide 15: Target Market
TARGET MARKET Inland fish aquaculture, targeting top fish: Europe N. America S. America QUANTITY $1.8 billion $1.1 billion $1.7 billion Cachama Carp Catfish Tilapia Trout Total production value:$4.6 billion Source: FAO data, 2018 15
Slide 16: System Sales Potential
SYSTEM SALES POTENTIAL Projections for top 5 fish in the 10 leading producing countries: ~110K* 50% 50% $35K Estimated # of ponds in target X 1 system per 2 ponds X Pond size reduction factor X Price per System = countries S. America ~70K Europe & Israel N. America ~25K ~15K Total addressable market
Slide 17: Go-To-Market
GO-TO-MARKET Distribution via: Distributors: Manufacturers: direct sales OEM sales Major fish cooperatives: local distributors 17
Slide 18: Company Milestones
COMPANY MILESTONES 2018 2019 2020 2021 2022 Establishment Prototype Commercial Commercial Successful & seed design & system system for POC in ponds investment development development launch Alpha testing Beta 1st sales for 2 fish types testing Weighing Beta prototype Testing & design & 1st sales dev
Slide 19: Funding Request & Use of Funds
FUNDING REQUEST & USE OF FUNDS RAISING USD $1.5M TO REACH MARKET USE OF FUNDS ▪ System engineering for minimum viable product (MVP) - Cost reduction, DIY assemblies & packaging ▪ Software development - Machine learning system, farm operations, GUI ▪ Customer 𝞫 sites ▪ Filing patents 19
Slide 20: Team
TEAM Eli Liraz Nitzan Gerzi CEO Founder & Product Manager Vast experience managing high- and 10+ years’ experience in industrial fish low-tech companies; previously, farm management, specializing in CEO, Gavish AG Control Systems, inland tilapia and carp; active inventor EcoFer Fertigation Technolog
Slide 21: Thank You!
THANK YOU! Eli Liraz, CEO eli@agam-aquaculture.com +972.50.777.0690
Agam Aquaculture — Series A Pitch Deck (November 2020) on 6ix