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MWT-Analytics AS c/o Inkubator, Ås, Norwayww.mwt-analytics.com
Team & Partners
Team: four co-founders with high level expertise in food safety control, microbiology, data analysis and biophysics
• Unique competencies within emerging techniques for food safety control
• High-throughput technological platform developed during 20 years
• Big data analysis platform for high-dimensional analysis
Monitoring, Warning and Tracing in food industry Company Size Losses Cases
Elopak, Norway
Number of employees is 2800, and 11 production unites.
100.000 Euro
Annually
Fonterra, New Zealand
Revenue is 22billion$ and 22000 employees
60Mio$ In 2013, due to the contamination of milk
2016: Salmonella and Listeria in Israel! Mios $$ of loses!
2016: Salmonella in UK and Listeria in Norway! Mios $$ of loses!
New emerging techinques for food safety control
MALDI-TOF mass spectrometry
FTIR spectroscopy
Business Idea:A System for Monitoring, Warning and Tracing of microbial contamination in food industry
High-throughputAutomted Platform
IPR on analytical & data analysis technology
Ten years experience in developing the MWT-concept
We OFFER Spectral Database
We OFFER Data Management System - software contaning Big Data analysis algorithms
We OFFER analytical platform for MALDI-TOF and FTIR
The use of MWT-System in food industry
Food production line
Samples taken along the production line
Analytical Platform (MALDI-TOF, FTIR)
MonitoringWarning
TracingData from other
analytical platforms
DataMWT-Software-Database
Big Data Analysis
MarketSector: Food Processing Industry/Analytical labsTotal available market: USD 12.03 Bn in 2015, and is expected to reach USD 19.50 Bn by 2022. Total available market in EU countries – appox. USD 1 Bn Possible
customers per today
Norway: TINE, Elopak, Nortura, Denmark: Arla, Finland: ValioGermany: Tetrapak, France: GEA, Netherlands: Unilever, Israel: Tnuva
Similar actors on the market
Market
We provide
A System for Monitoring, Warning and Tracing of microbial contamination in food
industry – MWT-System
MWT-System and installation• Establishment of protocols and routines• Software installation • Establishment of connection to existing databases and
analytical methods (FTIR and MALDI-TOF)• Training
Maintenance (long-term customer relation)• Database updates• Software updates• Process analysis• Long-term support: Management of historical data by Big
Data analysis and improvement of food safety routines
Business Model,Price and Customers
• Subscription• Licenses for database
• 200.000Euro for MWT-System and its integration
• 50.000Euro/annually for service
• 143 000 large food companies in Europe
• 450 000 large companies in Europe, MENA and APAC region
Road Map
20162017
20182019
2020-2021
Database finished
Software prototype
IFU –Innovasjon Norge ( first customer TINE)
Database and Software is finished
First customer TINE – integration finished
Market activities have started
3 Customers
Data AnalysisAlgorithms
Analytical Platform for sample analysis
FTIR Spectral Database – 300 entities
10 year Experience
Continuous marketing
4-6 Customers
Possible Industrial exit
Financial plan
Investments in 2017-2018: 2017: Development of Database. Investment need: 880000
NOK 2018: Development of Software. New investment need: 1
060 000 NOK Remaining capital need will be provided by IFU project and
customer Marketing: Marketing activities have started and will be
intensified for the Databases for 2017 and for the software in 2018.
2017 2018 2019 2020 2021
-10000000.00
-5000000.00
0.00
5000000.00
10000000.00
15000000.00
20000000.00Cash
Cash
Investments2017
With 880kNOK investor money, we can achieve an investment of additional 1.3 Mio NOK through an IFU project financed by Innovation Norway
This will be invested to employ 1 microbiologist (full-time) in 2017 and 1 software engineer/data science person (20%)
For an IFU project we have several possible customers (Elopak, TINE, Nortura)
Risks andHandling Plan
New competitorsHigh company value will secure outcompeting position on the long run. More than 10 years experience in developing technological analytical platform and Big Data analysis tools.
Unexpected development costsIFU project through the close relation to the customer will eliminate risks related to the unexpected development costs. The team of MWT-Analytics has ready-to-integrate technological and data analysis platform.
New solutions The MWT-System is highly flexible and have an ability to integrate all types of data originated from existing analytical platforms as well as from the new ones.
Contact