Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
RAB Microfluidics – Cleantech Innovate Pitch
A Presentation by
Dr Rotimi Alabi (Founder/CEO)
20th March 2018
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
2.1bn spent on
breakdown and
downtime loses
2.06bn spent on
breakdown and
Downtime loses
2bn spent to
diagnose
failure
Page 2
The Problem and Market Opportunity
Market Growth CAGR – 10.4%mn
Analysis automation will
add £250mn to testing and
analysis market by 2021 -
Frost and Sullivan 2015mn
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
Our solution
Page 3
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
Target Market and Projection
Sales Assumptions
Year 1: 140 Units to Maersk, Moventas etc.
Year 2: 530 Units in Europe
Year 3: 1400 Units, Globally
MaritimeWind Sector
Manufacturing
Year 1
(2019)
Year 2
(2020)
Year 3
(2021)
Revenue £700,000 £2,650,000 £7,000,000
Profit £-415,136 £558,643 £2,838,641
Page 4
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
How will they buy? B2B Direct Sales
Who will we sell to?
Business with heavy
machinery
How much will they
pay?
£4k hardware lease, £1k
software subscription
What will we sell? Hardware and Software
Business Model
Page 5
20192020
2021
2021
2021
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
Team
Advisory Board
Page 7
Prof. John Parnell
University of Aberdeen
Dr Stephen Bowden
University of Aberdeen
Gordon Short
Entrepreneur Business
School
Dr Rotimi Alabi
Founder/CEO
Surakat Kudehinbu
Product Engineer
Roy Bitrus
Business Development
Core Team
John Harris
Non-Exec Chairman
Tom Reynold
Non-Exec Director
Non Execs Amanda Boyle
Accelerate 90
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
Aug 2016 Jan 2017 July 2017 Sept 2017 Dec 2017 Jan 2018
Incorporated
Milestones
2 Grants (£65k) Grant (£135k)
TRL 5
8th Company for
Field Trial
TRL 4
Page 10
Grant (£400k)
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
June 2018 Aug 2018 Oct 2018 Nov 2018 April 2019 Dec 2019
Page 9
£500k investment will match fund grants and commercialise
product.
Where will investment go?
Grow Team
Pilot Trials
Software
Developed
MVP First Sales
Full Product
Launch
Series A
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
June 2018 Aug 2018 Oct 2018 Nov 2018 April 2019 Dec 2019
Page 9
Full Product
Launch
MVP First Sales
Software
Developed
Pilot Trials
Grow Team
£500k investment will match fund grants and commercialise
product.
Where will investment go?
Series A
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
Exit
We are supported by:
Trade Sale Exit 5-7 years
Page 10
Copyright RAB-Microfluidics 2018Copyright RAB-Microfluidics 2018
Thank You
Page 10

RAB Microfluidics

  • 1.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 RAB Microfluidics – Cleantech Innovate Pitch A Presentation by Dr Rotimi Alabi (Founder/CEO) 20th March 2018
  • 2.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 2.1bn spent on breakdown and downtime loses 2.06bn spent on breakdown and Downtime loses 2bn spent to diagnose failure Page 2 The Problem and Market Opportunity Market Growth CAGR – 10.4%mn Analysis automation will add £250mn to testing and analysis market by 2021 - Frost and Sullivan 2015mn
  • 3.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 Our solution Page 3
  • 4.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 Target Market and Projection Sales Assumptions Year 1: 140 Units to Maersk, Moventas etc. Year 2: 530 Units in Europe Year 3: 1400 Units, Globally MaritimeWind Sector Manufacturing Year 1 (2019) Year 2 (2020) Year 3 (2021) Revenue £700,000 £2,650,000 £7,000,000 Profit £-415,136 £558,643 £2,838,641 Page 4
  • 5.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 How will they buy? B2B Direct Sales Who will we sell to? Business with heavy machinery How much will they pay? £4k hardware lease, £1k software subscription What will we sell? Hardware and Software Business Model Page 5 20192020 2021 2021 2021
  • 6.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 Team Advisory Board Page 7 Prof. John Parnell University of Aberdeen Dr Stephen Bowden University of Aberdeen Gordon Short Entrepreneur Business School Dr Rotimi Alabi Founder/CEO Surakat Kudehinbu Product Engineer Roy Bitrus Business Development Core Team John Harris Non-Exec Chairman Tom Reynold Non-Exec Director Non Execs Amanda Boyle Accelerate 90
  • 7.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 Aug 2016 Jan 2017 July 2017 Sept 2017 Dec 2017 Jan 2018 Incorporated Milestones 2 Grants (£65k) Grant (£135k) TRL 5 8th Company for Field Trial TRL 4 Page 10 Grant (£400k)
  • 8.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 June 2018 Aug 2018 Oct 2018 Nov 2018 April 2019 Dec 2019 Page 9 £500k investment will match fund grants and commercialise product. Where will investment go? Grow Team Pilot Trials Software Developed MVP First Sales Full Product Launch Series A
  • 9.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 June 2018 Aug 2018 Oct 2018 Nov 2018 April 2019 Dec 2019 Page 9 Full Product Launch MVP First Sales Software Developed Pilot Trials Grow Team £500k investment will match fund grants and commercialise product. Where will investment go? Series A
  • 10.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 Exit We are supported by: Trade Sale Exit 5-7 years Page 10
  • 11.
    Copyright RAB-Microfluidics 2018CopyrightRAB-Microfluidics 2018 Thank You Page 10