Infinite Bioworks Demo Day Pitch

Infinite Bioworks

 

 

[Image appears of a leaf close up, and then images move through to show the turning world globe and a foggy morning landscape, and text appears: The best things, on the planet, are created by nature]

 

Narrator: The best things on the planet are created by nature.

[Images move though to show a cut centre of an orange, a peach-coloured dahlia, a spider spinning its web, and the back of a lizard, and text appears: The tastiest, the most beautiful, the most efficient, the most wonderful]

The tastiest, the most beautiful, the most efficient, the most wonderful.

[Image changes to show some mangoes being picked, and then the image changes to show very dry cracked ground, and text appears: But the more we take from nature, the less it can give]

But the more we take from nature, the less it can give.

[Images move through to show a blurred populated street, paper grocery bags in a car boot, and a cotton boll being plucked, and text appears: As our population grows, our consumption is becoming increasingly, unsustainable]

As our population grows, our consumption is becoming increasingly unsustainable.

[Image moves through to show text on various coloured backgrounds: So we have a choice, we can either, use less, or create, more]

So we have a choice, we can either use less or create more.

[Image changes to show cells under a microscope, and text appears: Nature made humans]

Nature made humans.

[Image changes to show three scientists working in a lab, and text appears: Now humans can make nature]

Now humans can make nature.

[Image changes to show the Infinite Bioworks logo on an orange textured background, and then the image changes to show petri dishes being placed on a lab shelf, and text appears: We’re building with biology]

At Infinite Bioworks we’re building with biology.

[Image changes to show cells dividing, and text appears: The world’s most advanced manufacturing technology,]

The world's most advanced manufacturing technology.

[Images move through to show multiple cells forming, a sleepy alligator, a zip being undone, two handbags, mascara on an opening eye, and a fish on rice dish, and text appears: We isolate and grow cells, from real animals, and partner with luxury producers, to make leather products, cosmetics, and seafood]

We isolate and grow cells from real animals. And partner with luxury producers to make leather products, cosmetics and seafood.

[Images move through to show a close view of alligator skin, and a male eating sushi, and text appears: Real texture, Real taste, The real thing]

Real texture. Real taste. The real thing.

[Images move through to show dry ground with dry grass, and two smoking chimneys, and text appears: All without, the environmental impact, of traditional processes]

All without the environmental impact of traditional processes.

[Images move through to show food being plated, a perfume bottle being held, cream fabric, and a test tube being held, and text appears: And it doesn’t stop there, from food to fragrances, materials, therapeutics.]

And it doesn’t stop there. From food to fragrances, materials to therapeutics.

[Images move through to show a blurry collection of cells, an orange object being dropped into a tube with bubbles, and a starry night sky, and text appears: When we build with biology, the possibilities are endless, and our resources infinite]

When we build with biology, the possibilities are endless and our resources infinite.

[Image changes to a blue background with Infinite Bioworks logo, and text appears: Luxury reimagined, infinitebioworks.com]

Infinite Bioworks. Luxury reimagined.

[Image on screen changes to text: Infinite Bioworks. The future is finite. Lionel Hebbard is on stage to the right of the screen]

Lionel Hebbard:  So I'm the last one. So I'm standing before you and the products of the yeast, namely the food and the booze. So, so I'm going to have to keep this exciting for you. And also we're from North Queensland and I have a great yarn for you. So my name is Lionel and I'm the CEO and co-founder of Infinite Bioworks. For most of my career, I've been working as a cell biologist using cells to solve problems with regards to health care, using these cells. But I've also come to the strong conviction that we can use these cells to solve some of the world's most intractable problems.

 

[Image on screen changes to photo of dry soil with scrub in the background. Over the photo is text: Our consumption is becoming increasingly unsustainable.]

 

And one of these that I feel very passionate about is the fact that you and I, everyone here in the audience, use uses animals to make food and consumer products. And to be blunt, this is simply not sustainable.

 

[Image on screen changes to photo with text over top: 60% of all human consumption could be made with biology.]

 

So there really, there has to be a better way. And did you know that actually now with the tech that my company develops, we can now produce near 60% of everything that we consume by using cells and microbes. This is the world's newest technology, and I'm here today to convince you to be part of this great opportunity.

 

[Image on screen changes to photo cells with text over top: The building blocks of future industries]

 

What we do at infinite Bioworks is we make starter cells which are the products of the future. My company is leading this shift to use these things like these cells to unlock the value in these new industries that will develop.

 

[Image on screen changes to a semi circle divided into three with pictures of seafood, an eye and handbags. Heading: Making Luxury sustainable by building with biology]

 

And what we are doing is we are targeting our technology at the point where biology meets luxury in terms of seafood, cosmetics and leather.

 

[Image on screen changes to a banner, two circles and logos. Heading: Customer Discovery Journey. Text in first circle: From cultivated seafood. Text in second circle: To high value luxury markets.]

 

In our journey. It's been a long one. We began with seafood and we've actually made the first infinite food sea cell line, and we received multiple letters of intent and interest from customers in South East Asia and the US. However, additionally and excitingly, we've identified that with our technology we could generate high value products and make a better return. To do this, we will use Australian species and make clean green marine collagen and also we will make luxury leather.

 

[Image on screen changes to four boxes. Heading: Infinite Collagen. Text in first box: Pure. 100% real marine collagen. 10x purity. No harmful chemicals. Text in second box: Sustainable. 100% Vegan. No fish parts used. No endangered species loss. Text in third box: Cost effective. 80% cheaper than current. Fourth box is an image of collagen in a bottle and tub]

 

The advantage of this is that these products have high margins. Infinite collagen will be ten times more pure, and it won't use any dead animals to make the collagen and it will be cheaper than what is currently produced.

 

[Image on screen changes to four boxes. Heading: Infinite Exotic Leather. First box is an image of a handbag. Text in second box: Cruelty-free. Zero farming, zero welfare issues, zero animal deaths. Text in third box: Sustainable. 99% less water. 66% less energy. Far less harmful chemicals. Text in fourth box: Cost effective. 83% cheaper than current]

 

Infinite exotic leather will be developed for the luxury goods market. It will be cruelty free. It will be sustainable. It will use less water and less chemicals and again will be cost competitive.

 

[Image on screen changes to three circles. Heading: Luxury Goods Market Size. The circles are labelled left to right as Infinite Seafood, Infinite Cosmetics, Infinite Leather]

 

The great thing or can I go back one slide please? Okay. I lost my place.

 

[Image on screen changes to four boxes. Heading: Infinite Exotic Leather. First box is an image of a handbag. Text in second box: Cruelty-free. Zero farming, zero welfare issues, zero animal deaths. Text in third box: Sustainable. 99% less water. 66% less energy. Far less harmful chemicals. Text in fourth box: Cost effective. 83% cheaper than current]

 

[Image on screen changes to three circles. Heading: Luxury Goods Market Size. The circles are labelled left to right as Infinite Seafood, Infinite Cosmetics, Infinite Leather]

 

The great thing is that these markets are international and with our technology, we have found novel solutions for these three high end luxury sectors. And importantly, they are significant and growing.

 

[Image on screen changes to three circles that contain photos of seafood, an eye and collagen. Heading: How we make money. Subheadings: B2B Royalty on Net Sales, B2B Ingredients and Material Sales]

 

To make money for the seafood, we will collect a royalty for collagen and leather. We will generate novel biomaterials and create value through partnerships with luxury fashion houses.

 

[Image on screen changes to a table with ticks and crosses. Heading: Competitive Landscape]

 

We are different from the other players in the field, in that we are cell line specialists and with our fantastic technology we are great at generating high margin products from different aquatic species.

 

[Image on screen changes to three headshots under heading: The Team. Headshots are labelled left to right: Craig McFarlane, Lionel Hebbard, Luke Deacon]

 

To do this we have a fantastic team with a really bold vision. Between Craig and I we have near 50 years of cell biology experience in the research base, and this is complemented by Luke's panache in startup and commercialisation expertise. And as a team also we have extensive international experience across the US, Europe and South East Asia.

 

[Image changes to timeline with heading: Progress to Date. Subheadings: $155k commercialisation funding raised, Increased customer product demand, New sector demand]

 

To date we've had some good fortune. We've generated $155,000 in commercialisation funding, established our new company, developed international partnerships and have also identified opportunities in other high value sectors.

 

[Image on screen changes to three categories which are: Infinite Seafood, Infinite Cosmetics, Infinite Leather. Heading: Path to Market]

 

We will deliver our first cell line product with our customer in Singapore at the end of this year, and they will trial our product in scale up technologies. For our Infinite cosmetics and leather we will bring out the first MVP in 2025.

 

[Image on screen changes to a picture of cells on the left with text on top: Ask $1.1M, 24 Month Runway. On the right is text: Use of funds, 2 x Full Time Founder, w x Technical Staff, Consumables, Marketing & Business Development, Operations, Patents. Valuation uplift from Tested MVP Collagen Product, MVP Leather Swatch, Scale-up of 1st seafood product in Singapore]

 

So today what we are looking for are for introductions to like minded people who want to come on this journey with us, and also to develop connections with those in the cosmetic and luxury sectors.

 

[Image on screen changes to a blue background with a QR code and text: Infinite Bioworks. Join us and be part of the bio-revolution.]

 

So today please come and join us and be part of the bio-revolution with infinite Bioworks. The future is cellular. The future is luxury. Thank you very much.

 

[Image on screen changes to photo of the Infinite Bioworks team, a QR code and a logo for James Cook University. Lionel exits the stage to the right.]

 

Each little yeast is like a separate chemical factory. These factories make the smells and flavours that we encounter in our everyday lives. And there are many millions of varieties.

 

[Image on screen changes to animated image of the world surrounded by breads, a microscope and other icons. Heading: Transforming Industries with Yeast Magic]

 

Currently, the market only uses a handful of microbes to produce many of the chemicals that we need. These yeasts were originally used to make beer. But you wouldn't expect an ice cream factory to make iPhones. So why do you think a beer yeast should be producing vaccines?

 

[Image on screen changes with a heading: Beating the Status Quo. On the left are logos for various companies, on the right is a three by three grid with various yeasts, the grid is labelled: Zoo]

 

Our zoo will be used in advanced manufacturing, where our yeasts are engineered to produce everything from fuels for cars to insulin and even flavours for ice creams. This method is not only sustainable but also scalable, offering an edge over the traditional extraction methods. We will take organisms straight from our zoo, evolved to make these specialised chemicals in nature and then introduce them to industry. Not only that, our wyzards have conjured up methods to enhance the yields of these products.

 

[Image on screen changes with heading: Different Yeast. Same Technology. Same Business Model. Underneath this is text in a circle: $2 Trillion. Global Total Addressable Market. To the right are three columns labelled Fermented Beverages, Biofuels, Flavour Houses]

 

The first market we're targeting is flavour houses. Looking at that unique Australian character from our unique Australian yeasts. Our medium term plan is to focus on biofuels and bio based chemicals, all the while still engaging with that fermented food and beverage industry. We are using different yeasts with bespoke solutions, but it's the same technology and the same business model across all of these segments. This represents a total addressable market of over $2 trillion.

 

[Image on screen changes to a graphic of intersecting circles. Heading: Who’s Who in The Zoo. Wild Yeast Zoo is in the middle of the circles, the outside circles have various company names in them]

 

Who's who in the zoo. This is going to be our competitors. But you know what? Each of these guys are using, once again, those same microbes. So what we're going to do is introduce our competitors to our yeast and turn them from competitors into customers.

 

[Image on screen changes to heading: Cultivate & Create Business Model. On the left of screen is text: Off the Shelf Organisms, Custom Solutions, Big Challenges & Big Problems. To the right is a box with text inside: Real Example]

 

So we're focusing on existing market players, to help improve their products and develop new ones both sustainably and economically. The wyzards are currently brewing new flavours for a kombucha company, a new detergent for use in hand soaps and oil producing yeast for those greasy needs. And we plan on doing that three ways. First, there's some off the shelf trademarked organisms that we can just give out to those customers, like flavour houses and fermented beverages. We've already got a customer for that. Second, there's tailored solutions with custom organisms for specific products. And thirdly, we're engaging in big problems in consortiums that that have large companies and governments looking for solutions like biofuels. We're also engaging in one of those right now.

 

[Image on screen changes to a timeline from 2022 to 2024 with heading: The WYZards Adventure]

 

We've started building our zoo with just over 500 yeasts and we've recently incorporated, right now the wyzards are working with companies with three products in the market.

 

[Image on screen changes to a timeline for 2025 with heading: The WYZard venture]

 

But the wyzard adventure continues. To this we need some funding to help drive the expansion of our zoo into the tens of thousands, and we want to further strengthen our IP policy, and we need to start regulatory compliance for our initial products.

 

[Image on screen changes to animations of yeasts, the Wild Yeast Zoo logo and text: Come meet the WYZards… it’s the yeast you can do! wyzards@wildyeastzoo.com]

 

So come and meet the wyzards from the Wild Yeast Zoo. It's the yeast you can do.

 

[Image on screen changes to a picture of the Wild Yeast Zoo team, a QR code and the logo for The University of Newcastle. Evan exits the stage on the left]