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Digital Sensory Expertise software


The
fi
rst AI expert system for food scientists
francois.wayenberg@ajinomatrix.org


www.ajinomatrix.org


+32 470.596.768 1
2
2
A series of problems
Plague the food sensory industry
PROBLEM
3
Meet Dr. Abigail
Director, R&D Food Scientist
PROBLEM
“Abigail could have more time to do essential analysis improving ROI!”
4
PROBLEM
Abigail has rocks in her shoes*: lots of complexity issues!
CAPTURE


METHODS
SAMPLING


PROCEDURES
SURVEY


RESULTS
Those are very complex!


How to solve them?
* We had clients, laboratories


complain about the process!


More time to the point,


better data insights, please!
5
SOLUTION
A simple software & standardisation framework using AI
TRL: 7
…an App comparable to open o
ffi
ce but for sensory applications:
The Likes of…
6
• Solves portability complexity


• Solves data amnesia issues


• Allows secure storage


Greatly increases work ef
fi
ciency!
SOLUTION
A standard sequential sensory
fi
le (like mp3 for music):
7
• Software licensing


• Quality program


• eMarket + Bank


• Tech Resales
SOLUTION - 4 business models
8
Our clients use our AI


B2B based solutions


50k€/year


(PoC & MVP)


100k€/3years


(Full version)
Software


Licensing
9
We send a change agent


to improve taste / smell


6 weeks program


Xk€


+Y% com on sales
Quality


Label
10
Online


marketplace & bank


for scents, tastes formulas


We charge X%


on transactions


Bank charges apply
e-Market+Bank
11
Solution provider


with research centres


XXk€/concept


Licensing: sales X%
Tech (Re)Sales
12
• From Germany to Japan


• Translating the taste… from one place to another!


• Remote printed food


Bon appétit:


“The Japanese consumer will love the new Pringle!”
PRODUCT
Sample research - Pringles remote printing:
13
• $4.5B TAM (
fl
oored by $40 Mio turnover cies+2nd segment)


	
	


• $1.7T market size & Growth = 5%


	


• Our clients are Food Companies’ food scientists


who are the deciders with CEOs


• Licensing + eMarket & Bank business models


• Addressable from PoC execution, Oct, 2021 est.


• TAM in
fl
uenced by open source solution adoption rate


MARKET
4 business models active in food supply:
14
BUSINESS MODEL
Total addressable
market $1.7T
35+ B2B Customers
4 Innovative and unique business models
AI allowing sensory
digitisation
Con
fi
rmed by clients
$50M Revenue min in 5 Years
15
TRACTION
5 addressable markets:
• Main market: Food producers


• + 4 parallel markets
Matt Lashmar, Mass Challenge (Aug ’21):


“You and Ajinomatrix have the most traction


with another startup on the whole batch of 110 startups”
16
• 1/ Pilot PoC (proof of concept)


• 2/ MVP at 10 clients


• 3/ Sell to 50-60 clients


• 4/ Forums as e-Market + DB
GO TO MARKET
1 - 10 - 50 in 18 months (Licensing)
The Discussion with 35+ industry partners


10 LOIs collected - more expected
CAC: 1500€/unit


LTV: 5.5k€/unit


Unit Price: 50-100k€
17
TEAM
Christian du Jardin


Interim CMO


(ex-sales/mktg Unilever)
François Gabriel


Wayenberg


Founder / CEO
Joel Bellenson


Science advisor


(iSmell inventor)
Bernard Donnay


Project Management


(ex-IBM engineer)
Dany Kwintner


Project Strategy


(The Ingenious Company, Jp)
Loic Quertenmont


AI Black Belt


Interim / CTO
Silicon Valley Track Regional AI Track
18
PARTNERSHIPS
19
No comparable competitors promoting open source or a standard
COMPETITORS
20
ASKs
• Project development with Universities


• Tech developing a sensory standard


• AI, mixed with sensory science R&D


We envision a future of digital measurement


for taste and smell, standard sensory
fi
les as


an open standard & an open source solution
accessible for smaller entities.
We look for pre-seed
fi
nancing &


We look for MVP serialisation plus:

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Ajinomatrix v0.4 23-08-21

  • 1. Digital Sensory Expertise software The fi rst AI expert system for food scientists francois.wayenberg@ajinomatrix.org www.ajinomatrix.org +32 470.596.768 1
  • 2. 2 2 A series of problems Plague the food sensory industry PROBLEM
  • 3. 3 Meet Dr. Abigail Director, R&D Food Scientist PROBLEM “Abigail could have more time to do essential analysis improving ROI!”
  • 4. 4 PROBLEM Abigail has rocks in her shoes*: lots of complexity issues! CAPTURE METHODS SAMPLING PROCEDURES SURVEY RESULTS Those are very complex! How to solve them? * We had clients, laboratories complain about the process! More time to the point, better data insights, please!
  • 5. 5 SOLUTION A simple software & standardisation framework using AI TRL: 7 …an App comparable to open o ffi ce but for sensory applications: The Likes of…
  • 6. 6 • Solves portability complexity • Solves data amnesia issues • Allows secure storage Greatly increases work ef fi ciency! SOLUTION A standard sequential sensory fi le (like mp3 for music):
  • 7. 7 • Software licensing • Quality program • eMarket + Bank • Tech Resales SOLUTION - 4 business models
  • 8. 8 Our clients use our AI B2B based solutions 50k€/year (PoC & MVP) 100k€/3years (Full version) Software Licensing
  • 9. 9 We send a change agent to improve taste / smell 6 weeks program Xk€ +Y% com on sales Quality Label
  • 10. 10 Online marketplace & bank for scents, tastes formulas We charge X% on transactions Bank charges apply e-Market+Bank
  • 11. 11 Solution provider with research centres XXk€/concept Licensing: sales X% Tech (Re)Sales
  • 12. 12 • From Germany to Japan • Translating the taste… from one place to another! • Remote printed food Bon appétit: “The Japanese consumer will love the new Pringle!” PRODUCT Sample research - Pringles remote printing:
  • 13. 13 • $4.5B TAM ( fl oored by $40 Mio turnover cies+2nd segment) • $1.7T market size & Growth = 5% • Our clients are Food Companies’ food scientists who are the deciders with CEOs • Licensing + eMarket & Bank business models • Addressable from PoC execution, Oct, 2021 est. • TAM in fl uenced by open source solution adoption rate MARKET 4 business models active in food supply:
  • 14. 14 BUSINESS MODEL Total addressable market $1.7T 35+ B2B Customers 4 Innovative and unique business models AI allowing sensory digitisation Con fi rmed by clients $50M Revenue min in 5 Years
  • 15. 15 TRACTION 5 addressable markets: • Main market: Food producers • + 4 parallel markets Matt Lashmar, Mass Challenge (Aug ’21): “You and Ajinomatrix have the most traction with another startup on the whole batch of 110 startups”
  • 16. 16 • 1/ Pilot PoC (proof of concept) • 2/ MVP at 10 clients • 3/ Sell to 50-60 clients • 4/ Forums as e-Market + DB GO TO MARKET 1 - 10 - 50 in 18 months (Licensing) The Discussion with 35+ industry partners 10 LOIs collected - more expected CAC: 1500€/unit LTV: 5.5k€/unit Unit Price: 50-100k€
  • 17. 17 TEAM Christian du Jardin Interim CMO (ex-sales/mktg Unilever) François Gabriel Wayenberg Founder / CEO Joel Bellenson Science advisor (iSmell inventor) Bernard Donnay Project Management (ex-IBM engineer) Dany Kwintner Project Strategy (The Ingenious Company, Jp) Loic Quertenmont AI Black Belt Interim / CTO Silicon Valley Track Regional AI Track
  • 19. 19 No comparable competitors promoting open source or a standard COMPETITORS
  • 20. 20 ASKs • Project development with Universities • Tech developing a sensory standard • AI, mixed with sensory science R&D We envision a future of digital measurement for taste and smell, standard sensory fi les as an open standard & an open source solution accessible for smaller entities. We look for pre-seed fi nancing & We look for MVP serialisation plus: