caixa empreender award | bio mimetx (cotec)
TRANSCRIPT
PROBLEM and NEED
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Biofouling
Travel speedFuel consumptionMaintenance costs
WeightDragCorrosion/Degradation
PROBLEM and NEED
Slime 8 % drag increase
Algae 10 % drag increase
Hard 40 % drag increase
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PROBLEM and NEED
Biofouling increases fuel consumption by 25%€51 billion/year in extra fuel
€3,7 billion/year in maintenanceSchultz MP et al.. Economic impact of biofouling on a naval surface ship. Biofouling. 2011
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90% of antifouling paints contain copper
ANTIFOULING PAINTS
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Requires secondary biocides
High cost
90% of antifouling paints contain copper
ANTIFOULING PAINTS
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Requires secondary biocides
High cost
Dangerous to apply
Requires secondary biocides
High cost
Dangerous to apply
Toxic for the environment
90% of antifouling paints contain copper
ANTIFOULING PAINTS
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Broader activity spectrum
Lower cost
Safer-handling
Environmental-friendly
New biological biocide for marine paints
OUR PRODUCT
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Unique proprietary bacteria
reservoir of antifouling molecules
OUR TECHNOLOGY
ConcentrationSeparation
WaterBacteria
Antifoulingcomponents
Fermentation11/24
GLOBAL MARKET
786 million L/yearCopper-based paints
425.000 tons of copper for antifouling
per year
€2,5 billionGrowth of 3%/year
IPPIC's "Global Paint and Coatings Industry Market Analysis Report (2007-2012), Orr & Boss, Inc.
5.850 €/ton (June 4th 2014 LME)
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ENTRY AND EXPANSION STRATEGYMarket entry
California
USA
First Market expansion
Second Market expansion
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Paint Producers
End users
Antifoulant suppliers
Shipyards, shipowners
INDUSTRY MAP
Copper suppliyng
companiesIndustrial Chemical suppliers
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CONTRACT MANUFACTORING ORGANIZATION
Mass productionoutsourced
Distribution (B2B)Product dvpt (R&D)
Quality controlCustomer service
BUSINESS MODEL
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Paint Producers
End users
Shipyards, shipowners
ROADMAP
Year 1 Year 2 Year 3 Year 4
€1,4 Millions
Product development
Registration USA
Production
Sales USA
Proof of Concept
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ACHIVEMENTS/ FUNDRAISINGBest Presentation Award of an emerging company in the Cleantech Summit Rotterdam 2014;
NOVO BANCO Concurso Nacional de Inovação 2014 Award in the category of Natural Resources and Environment;
Investment from CAIXA CAPITAL resulting from COTEC Portugal and Grupo CGD partnership;
Investment Commitment from JHR Private Office
Ongoing Investment Search among National and International Investors
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