2. Food poisoning! Food quality control?
2
Source: World Health Organization, Business Insider
Cheap
Wide used
No bacteria control
Expensive
Use in labs only
Bacteria control
3. 3
Source: Food Marketing Institute, Grocery Manufacturers Association, Swiss Re, fortune
$ 77 bln Food recall costs for US companies in
2013
>$ 10 mln Half of all food recalls cost the affected
companies
doubled Number of recalls since 2002 in US
$ 15.6 bln Food contamination costs US health
authorities
Products recalls
4. New way – bacteria detection
4
*MPC - maximum permissible concentration
SensorConductivity
Bacteria concentration
MPC*
•Power consumption ~
mkW
•Thickness < 100 mkm
•Operating temperature:
-50..+100°C
•Real time measuring
•Form factors: thin film,
flexible, transparent
Sensor conductivity
depends on
chemical
composition of
tested compound.
Sensor signal
deference between
fresh food and
spoilage food is easy
to convert to light
indication, digital
code or radio signal
5. 5
FOOD SAFETY
TESTING
$17.2 bln in 2021
at CAGR of 7.4%
MEAT
$1,567 bln in 2022
at CAGR of 14%
FISH
&
SEAFOOD
$ 132.6 bln in 2016
at CAGR of 4%
Primary direction:
• Very fast deterioration;
• Very dangerous
consequences;
• Quite expensive food
Source: Markets and Markets, Food and Agriculture Organization UN, Zion Market Research
Secondary
direction:
• Same bacteria
• Not so urgent
Market
6. Measuring Probe System
Food quality analyzer with
penetration probe
Wireless Monitoring
Label with food sensor connected
with RFID. Monitoring performed
with RFID scanner. For storage,
retailers etc.
Smart Label
Label with food sensor and two
variant indicator for smart packaging
applications
Lab-on-Chip
Express food quality testing for
household usage
Possible use cases → entire production chain
6
Spoilage
OK
Controller
compartment
Sample box Indicator
Probe Tester
SENSOR+RFID
Storage
Reply
Request Reader
7. Competitors
Parameter
Standard
Microbiology
Lab
Rapid
Immuno
Assay Tests
Rapid PCR
ID Test
Systems
Rapid Multi
Angle Light
Scattering
Systems
TFEl’s
BioPix
Capital Cost >$100 000
$34 000 –
83 000
$34 000 –
135 000
$29 000 $1 000
Cost/Test $150 $2 – 11 $8 – 45 $0.1 $0.1
Expendable
materials
Yes Yes Yes Yes No
Total time
(incubation +
preparation +
identification)
25-73 hours > 48 hours 8-50 hours 24-48 hours 0.5 hour
Accuracy 100% 90% 90-95% 91-98% >90%*
7
* To be estimated
Source: Food quality and safety
8. Traction
2017
• Prototype
developing for
fish and seafood
2018
• Technology
development
2019 – 2020
•Small batch
production
•Licensing
8
DONE:
+ Project started in January 2017
+ Prototype of milk quality sensor
+ Awarded to participate at
IdTechEx Show! 2017
Printed
sensors on
glass
substrateBacillus subtilis
testing
9. Business model
• Licensing
technology
• Launching
production on
customer site
Developing
product
technology
• Manufacturing small
batch of products
Developing
specific
products
9
10. Needs
August 2016: Emerson acquired
PakSense (time-temp labels,
previously raised $4M)
and Locus Traxx (temp labels).
Amount is undisclosed.
10
• Mentors: food and packaging markets;
• Partners: food packaging manufacturers, food
producers, food processers, food retailers;
• Funding: $0.5m - developing products and scaling up
production technology.
11. Thin film elements, llc
Aleksei A. Lachinov
CEO
Company
• Over 3 years of commercialization sensing
technologies for oil and gas, transportation,
biometrics
• Skolkovo foundation participant
• Close links with Academic organizations
• Know-How and patents owner
Team
• More than 20 years of experience in organic
electronics and sensing (included R&D for
Russian oil company)
• 2 professors
• 5 PhDs
• More than 450 publications
• More than 15 patents 11