Better welfare.More productivity.
Poultry production
Every year, 60 billionbroilers are raised
3 billion never make it
through the process
Broilers consume 250 million tons of feed
> 3 million can be saved
through better digestion
management
Some broilers sufferscratches and are notused for food
Less stress would save 300
million from going to waste
© Faromatics. Confidential and commercial. 2
Our solution
© Faromatics. All rights reserved 3
© Faromatics. All rights reserved
Autonomous ceiling-suspended robot
Patent pending
Basic functionality
Artificial intelligence
Multiple sensors
Deep learning and big data
Early detection of health problems
Assessment of
Ambient conditions
Health and welfare
Equipment failures
4
Functions in detail
Excrement classification by quality of digestion
and indication of health issues
Recognition of:
Dead and severely compromised animals
Wet spots in the litter
Defective drinkers
Maps of temperature, relative humidity, air speed and CO2
levels covering the whole house
Streaming of video, thermal video and audio
Photographs of animals and facilities at custom intervals
Alerts (email, SMS) for any user-defined, abnormal condition
RELATIVE HUMIDITY
AIR SPEED
CO2
© Faromatics. All rights reserved 5
Price
Producers
ChickenBoy – installation exclusive 9,995€
99€ monthly
99€ monthly
Access to cloud, service and
maintenance
Vets and integrators
Access to cloud per building
© Faromatics. All rights reserved 6
Welfare makes money
© Faromatics. All rights reserved
ROI of 9-14 months through
– better digestion management
– early disease detection
– reduced mortality
– fine tuning of climate control
– reduction of bruises
Labour 5,760 €
Health cost2,400 €
Mortality1,125 €
Productivity3,100 €
Energy 870 €
Meat quality3,360 €
ANNUAL SAVINGS PER HOUSE
68,000€ extra profit over 5
years
7
What others are doing
© Faromatics. Confidential and commercial.
Purpose Welfare + Productivity Decontamination Herd movement
Type Hanging Ground-based Ground-based
USP KPIs, extensible Disinfection, aeration Stray eggs, lameness
Application Broiler Broiler Parent stocks
Unit price 9,995€ 45-60,000€ 7,000€
CHICKEN
BOY
OCTOPUS SPOUTNIC
8
Things we are (also) proud of…
© Faromatics. All rights reserved 9
We are Faromatics
Vision
© Faromatics. All rights reserved
Limited company, founded 2016
Headquartered in Vilanova i la Geltrú, Spain
5 founders + 6.5 staff
Making livestock farming more acceptable and more practicalthrough precision methods
Mission
Smart robotics for intensivepoultry farms
FARM
ROBOTICS
AND
AUTOMATIO
N
10
World population
– Broilers, layers, turkeys and pigs:
1.3m animal houses
– 1.3% annual growth over next
decade (OECD, FAO)
11
Market and sales
TAM:
– 9bn€
– Total savings for farmers: 50bn€
Route to market:
– Major integrators – top 20 hold 88% of
market; in Spain alone 6,000 houses
– Direct sales to farmers, vets and
consultants© Faromatics. All rights reserved
-
500
1,000
1,500
2,000
2,500
-
5
10
15
20
25
30
35
40
2016 2017 2018 2019 2020 2021 2022 2023
MIL
LIO
N €
EU sales started
CI, BR, US sales
SAM:
– 17m€ in 2019 – 3.7bn€ in 2023
ROUND FOUNDERS BA INVESTOR PRE-MONEY % FOUNDERS
- 07/16 20,000 100%
1 05/17 120,000 249,975 1,500,000 87%
2 05/18 55,000 200,007 2,500,000 80%
3 01/19 600,000 3,000,000 66%
SUM 175,000 449,982
12
Funding rounds
PURPOSE AMOUNT
R&D NEW AND BETTER FUNCTIONALITY 470k
SALES AND AFTERSALES TEAM 130k
© Faromatics. All rights reserved
© Faromatics. All rights reserved
Dr. Heiner Lehr CEO
We are Faromatics
MSc Johan van den Bossche
Robotics Advisor
MSc Maurice MergeaySales and Marketing Advisor
MBA Daniel RosésSales and Marketing Advisor
Prof Dr. Dr. h.c.Jörg Hartung
Livestock Advisor
14
World population
– Broilers, layers, turkeys and pigs:
1.3m animal houses
– 1.3% annual growth over next
decade (OECD, FAO) 0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
2000 2010 2013 2018
WORLD LAYER PRODUCTION, SOURCE: INT. EGG COMMISSION
15
Market size livestock robots
Robot fleet
– Observation (10-15k€ per robot)
– Pick-up, disinfection (7-10k€)
– Extension modules: 1 per robot on
average
– Services: 12%
Total Available Market:
– 9bn€
– Total savings for farmers: 50bn€
Serviceable Addressable Market:
– 17m€ in 2019 – 3.7bn€ in 2023
© Faromatics. All rights reserved
Route to market:
– Major integrators – top 20 hold 88%
of market; in Spain alone 6,000 houses
– Direct sales to farmers, vets and
consultants
Major integrators
– Top 20 hold 88% of market
– In Spain alone 6,000 houses
16
Route to market
Direct sales
– Farmers, vets and consultants
© Faromatics. All rights reserved
2018/19 Excrement analysis
Dead birdsDefective drinkers
Litter quality
2019/20 Removal dead birds
NutriBoyExtension modules
Litter moisture
2020/21 Adaptation turkeys
Stress measurement
Illness detection
Weighing with video
2021/22 Adaptationlayers
Recovery stray eggs
Intelligent climate mgmt
Behaviour detection
2022/23 Adaptation pigs
Adaptation parent generation
Intelligent water mgmt
Intelligent feed mgmt
17
Innovation pipeline
© Faromatics. All rights reserved
2019
ChickenBoy
2020
NutriBoy
Shepard
2021
TurkeyBoy
2022
HenBoy
2023
PigBoy
StockBoy
18© Faromatics. All rights reserved
Product pipeline
3 7 7 16
31
71
114
206
-
50
100
150
200
250
2016 2017 2018 2019 2020 2021 2022 2023
-5
0
5
10
15
20
25
30
35
40
2016 2017 2018 2019 2020 2021 2022 2023
Costs Sales EBITDA
19
Team in 2023
Team development Profitability
MIL
LIO
N €
Administration14%
Engineering
56%
Sales+Mark
9%
After sales18%
Other3%
Team and profitability
© Faromatics. All rights reserved