Pitch Meeting
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.
Template
### 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The goal of the meeting is to share our vision for a green future without the inefficiencies of the current and frankly outdated battery technology.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.