PRE-SERIES B INVESTMENT OPPORTUNITY
-
Raising AUD4m
-
SAFE-note converting to ordinary shares on Series B close (or 2 years)
-
Offered with a discount off current valuation commensurate with size of investment
-
Minimum investment AUD100k
-
1 x liquidation preference
-
Targeting Series B for late 2025
-
Post Series A valuation - AUD77m with a share price of AUD4.44
INVESTOR HIGHLIGHTS
-
Addressing enormous global demand for food security with profitable, resource-efficient farming solutions
-
Unlimited applications and uncapped market potential
-
FY24 revenue AUD1.3m - cumulative TCV AUD7m
-
LTV of current customers AUD24m+
-
Global sales pipeline across multiple applications. Risk weighted current pipeline AUD30m TCV (AUD100m+ LTV)
-
10x revenue projected over the next 3 years
-
Proven market-fit with commercial customer farms operational in Australia, UK and Saudi Arabia, including world's largest GIGA project
-
Distribution partner agreements in place in Australia, UK/Europe and KSA.
-
Highly experienced and multi-disciplinary leadership team
-
In-house engineering, horticulture R&D and software development capabilities
-
Unique internationally patent-protected hardware
-
Manufacturing supply chain established and ready ready for scale
-
Scalable business model with multiple and trailing revenue streams
InvertiCube
Modular, sealed and stackable InvertiCubes can be easily reconfigured for the best yields, resource efficiencies and growing conditions for a wide variety of crops.
1.5m wide x 1.5m deep and 2.3m high, InvertiCubes are compatible with standard pallet racking and globally available materials handling equipment.