Pitch Meeting
### Introduction (2-3 mins) - **Hello!** I’m Shiva Prabhakaran, the founder of BroTech **Innovations**. We are revolutionizing sustainable energy storage and today I will be sharing our process and the market. - The goal of the meeting is to share our vision for a green future without the inefficiencies of the current and frankly outdated battery technology. - We will explore in detail the problems with the current solutions, our approach to the problem and how it is different, market opportunity and our plan for scaling BroTech. ### Problem Statement (2-3 mins) - **The problem**: Traditional batteries are not at all efficient, with heavy reliance on rare earth materials and shorter lifespan. The current lifespan of a lithium-ion battery is 30-26 months, leading to frequent replacements. - Frequent replacements are a major issue due to increased demand for renewables it requires to build more long-lasting storage solutions. ### Our Solution (5 mins) - **Introducing BroTech**: We have built a sustainable battery tech that uses eco-friendly raw materials and has a lifespan that is 5X that of traditional batteries. - Our batteries not only reduce wastage but also increase energy efficiency by 45%. - Our key differentiators are our patented manufacturing process that relies primarily on readily available non-toxic raw materials and is 45% more energy efficient than competition. - Here’s a quick **demo** of our product operating in comparison to other market players. - [Show Demo] ### Opportunity (3-5 mins) - **Market demand**: Total addressable market is projected to grow to $350 billion by 2028 driven by the rise of electric locomotives and commercial renewable energy requirements. - Our target segments are industries like automotive, solar, consumer electronics and manufacturing. - **Trends**: There is a global movement that strongly advocates for a shift away from fossil fuels and towards green energy, especially given regulatory changes that call for reduced carbon footprints. ### Business Model (3-5 mins) - We will operate on a B2B model, selling directly to industry operators, manufacturers and energy providers on the government side. - Our primary revenue stream would be battery sales and technology licensing, additional streams include offering maintenance and recycling services. - **Scaling**: We want to grow through strategic partnerships with renewable energy companies and government projects, especially in Europe. ### Traction As of March 2024 (3-5 mins) - We have already completed a pilot and signed with 14 major auto manufacturers in the NAR region, and we are in talks with GreenState Energy Solutions for a licensing deal in the SEA region. - **Press**: We have had multiple features of Forbes, The Economist, Engadget and TC. We have also been named among 10 most promising green tech startups for 2024. - Our first batch of customers report a 35% increase in efficiency using our batteries. ### Market & Competition (2-3 mins) - Wamsung and Mvidia are our primary competition, but the environmental sustainability and the cost-benefits we offer makes us stand out. - We will have an early-mover advantage giving us a unique position in a large part of the developing world and Europe. ### Projections (3-5 mins) - **Financial forecast**: Our expectation is to generate $25 million revenue in the first year of our commercial production and with steady growth, we should hit $100 million by Year five. - Our main assumption is about increasing demand for renewable energy storage and expansion into developing markets. - We are seeking $7.5 million in funding which will be used for scaling production, research and market expansion. ### Team (2-3 mins) - Team is led by myself, with 14 years of experience in battery manufacturing and research. - Our CTO, Bill Ackman, has over 12 yers of experience in battery tech, having led Wamsung’s battery division for 3 years. ### Conclusion (2-3 mins) - **Our ask**: We are seeking **$7.5 million in Series A funding** to help scale production and expansion into emerging markets. - Our solution offers a cleaner, efficient way to store energy and is a ideal for industries transitioning to renewable sources due to government regulation. - We’d love to schedule a follow-up meeting to explore next steps. ### Q&A (5-10 mins) - Happy to take questions on how BroTech can add value.
Description
A useful pitch template for entrepreneurs and founders who want to showcase aspects of their company or idea including market study, business model and more, to an individual or institutional investor.