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Veniam ' Works
                                                                                              The Internet of Cars
                                Opportunity                                                        12
                                                                                                           Exabytes per month



                                                                                                                                                                                            10.8 EB
                                                                                                                                                                                             per
                                                                                                                                                                                            month

                                                                                                                                                                               6.9 EB
                                Demand explosion                    $300B                           6
                                                                                                                                                                  4.2 EB
                                                                                                                                                                                per
                                                                                                                                                                               month
                                                                                                                                                                   per
                                * 18x more MOBILE DATA until 2016                                                        0.6 EB         1.3 EB       2.4 EB
                                                                                                                                                      per         month
                                                                                                                          per            per
                                                                                                                         month          month        month

                                * 1B vehicles to be connected to the Internet                          0

                                                                                                $75B
                                                                                                                  2011
                                                                                                                                   2012
                                                                                                                                                  2013
                                                                                                                                                                2014
                                                                                                                                                                             2015
                                Pains for Telcos:                                                                                                                                          2016


                                * High CAPEX and OPEX of cellular networks (even 4G/LTE)
                                * Existing connected vehicle solutions rely on cellular

Team members                    Telcos need to offload traffic to WiFi
                                                          (10x cost reduction per megabyte)
João Barros, Ph.D.
jbarros@veniamworks.com
                                Solution
Susana Sargento, Ph.D.
ssargento@veniamworks.com

Robin Chase, MBA Sloan                                               WiFi
robin@veniamworks.com                                               Access
Founder and former CEO Zipcar                Bus becomes
                                           a mobile hotspot
Roy Russel, BSEE MIT
roy@veniamworks.com
Former CTO Zipcar

Luísa Lima, Ph.D.                                                                                                                            Vehicles form
luisa@veniamworks.com            ViFi: Vehicle WiFi                                                                                          Mesh Network

                                 turns cars and buses
André Cardote, M.Sc.             into mobile hotspots
a.cardote@veniamworks.com

www.veniamworks.com
                                Technology and Products
                                 In 5 years of research, we built and tested the largest vehicular mesh
                                 network in the world
                                          ViFi box                               Vehicular apps                                           Professional box

                                    10x larger wireless range than traditional WiFi
                                Business, Safety, Entertainment                                                                   Fast, reliable, secure

                                Markets                             * Expand 10x WiFi backhaul
                                                                    * Offload expensive cellular traffic                                                 Car
                                                                    * Support M2M
                                                                                                                                                 manufacturers
                                                                                                                                          * Put vehicle data in the cloud
                                                                            Telecom                                                       * Manage car lifecycle
                                                          Fleets            operators
                                                                                     Consumers
                                 * Cut cellular cost
                                 * Get vehicle data                                                 * Low cost Internet access in the car
                                 * Increase safety, fuel efficiency                                   * New mobile vehicular apps & games

                                                                                                                                    2
                                                                                                                                    0     Expansion
                                Financials
                                                                                                                                    1
                                                                             2                                                      5
                                                               First Sales   0
                                                                             1
                                                                  [Telcos]   3


                                                                                               Raise 8M€

                                                                   2M€
                                                               ise
                                                             Ra

                                                    K€
                                               05
                                                                                       2
                                              3      T                                 0
                                                     o
                                                         Proof of Concept
                                                                                       1
                                                                                           Breakeven
                                          -




                                                     d                                 4
                                         EN




                                                     a
                                                         Testbed
                                       QR




                                                     y                                             2012                           2013                   2014               2015                  2016
                                                                                     Total
                                                                                                             0         2,702,500                  9,212,00             52,470,000       171,690,000
                                                                                     Revenue
                                                                                     Total
                                                                                                  92,450               3,850,402                 6,249,684             27,549,367        82,848,735
                                                                                     Costs

                                    Concept                                          EBITDA      -92,450              -1,039,571                 2,648,126             23,663,133        88,601,265




                                Go-To-Market
                                       2012                                      2013                                                        2014-2016
                                Proof-of-concept in Porto                    Product launch                                                 Expansion to
                                Taxis, buses, trucks                         in Portugal                                                    other countries

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3rd Ed Track Finals: Veniam

  • 1. Veniam ' Works The Internet of Cars Opportunity 12 Exabytes per month 10.8 EB per month 6.9 EB Demand explosion $300B 6 4.2 EB per month per * 18x more MOBILE DATA until 2016 0.6 EB 1.3 EB 2.4 EB per month per per month month month * 1B vehicles to be connected to the Internet 0 $75B 2011 2012 2013 2014 2015 Pains for Telcos: 2016 * High CAPEX and OPEX of cellular networks (even 4G/LTE) * Existing connected vehicle solutions rely on cellular Team members Telcos need to offload traffic to WiFi (10x cost reduction per megabyte) João Barros, Ph.D. jbarros@veniamworks.com Solution Susana Sargento, Ph.D. ssargento@veniamworks.com Robin Chase, MBA Sloan WiFi robin@veniamworks.com Access Founder and former CEO Zipcar Bus becomes a mobile hotspot Roy Russel, BSEE MIT roy@veniamworks.com Former CTO Zipcar Luísa Lima, Ph.D. Vehicles form luisa@veniamworks.com ViFi: Vehicle WiFi Mesh Network turns cars and buses André Cardote, M.Sc. into mobile hotspots a.cardote@veniamworks.com www.veniamworks.com Technology and Products In 5 years of research, we built and tested the largest vehicular mesh network in the world ViFi box Vehicular apps Professional box 10x larger wireless range than traditional WiFi Business, Safety, Entertainment Fast, reliable, secure Markets * Expand 10x WiFi backhaul * Offload expensive cellular traffic Car * Support M2M manufacturers * Put vehicle data in the cloud Telecom * Manage car lifecycle Fleets operators Consumers * Cut cellular cost * Get vehicle data * Low cost Internet access in the car * Increase safety, fuel efficiency * New mobile vehicular apps & games 2 0 Expansion Financials 1 2 5 First Sales 0 1 [Telcos] 3 Raise 8M€ 2M€ ise Ra K€ 05 2 3 T 0 o Proof of Concept 1 Breakeven - d 4 EN a Testbed QR y 2012 2013 2014 2015 2016 Total 0 2,702,500 9,212,00 52,470,000 171,690,000 Revenue Total 92,450 3,850,402 6,249,684 27,549,367 82,848,735 Costs Concept EBITDA -92,450 -1,039,571 2,648,126 23,663,133 88,601,265 Go-To-Market 2012 2013 2014-2016 Proof-of-concept in Porto Product launch Expansion to Taxis, buses, trucks in Portugal other countries