PLANETARIANS

planetarians.com

Planetarians is inverting animal agriculture to reverse climate change Many good companies try to reverse climate change by making alternative meat. They all fail short of price parity with animal meat because of expensive ingredients and/or equipment. Understanding that customers are price-sensitive first and conscious second - Planetarians built its solution on animals' super power - cheap feed. By making meat from animal feed, Planetarians made it cheap (compare $300/ton of animal feed with $3,000/ton of protein isolates) and carbon negative! LCA shows 50x lower carbon emissions than animals and 9x lower than any other plant-based meat. It took 7 years, but thanks to continuous support of Techstars, SOSV, Barilla and AB InBev, Planetarians team of protein chemists, chemical engineers, and chefs: - developed and patented technology, - launched a pilot plant to prove COGS and CapEx, and - proved product-market fit with repeat purchases in 4 billion dollar channels. With a 72% approval rate from students of all ages and being able to match $2 school lunches with a 50%+ margin, Planetarians found and is scaling on the $20B beachhead U.S. school lunch market. If it goes as it goes, Planetarians will reverse not only the $1 trillion meat market but disrupt the whole animal agriculture built on the utilization of by-products. -------------------- Current state --------------------------- Pilot facility proved CapEx/COGS. Annual contracts with 23 schools just proved that we can sell it. Before raising Round A to scale across the globe where our partner/investor AB InBev operates - we're raising $2m pre-A on SAFEs to build muscles. $1.5m committed, along with a $2.4m term sheet from the debt provider, leaves a $500k allocation. Current deck is available by this link: https://docs.google.com/presentation/d/137tSBy6egWMr_g__TYtxIm9sGUxeAJDRzGuoPcFvaaY/edit?usp=sharing

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