We have a basic design of the printer ready and just need to make it food safe. We are quite close to commercialization. We are looking for pre-seed investment to cover costs for 5-6 months and an investment of 75K SGD to develop the MVP, conduct the first customer trial, and acquire enough orders for becoming cash positive. We have won the tech pitch competition in Specialty and Fine Foods Asia Exhibition in July 2019 and received a 20K SGD grant from NAMIC for this development.
Short Term (Incubation)
We are looking for 200k SGD for one year of development to iterate the machine design and start sales of the printed food in collaboration with various businesses looking for personalized nutrition, novelty foods, food tech research, and more.
For some customers, we will also be able to rent or sell the food 3D printers for their use.
For full commercialization, we would need a larger quantum of funding over a longer period of time.
We are currently in the very early stages of development and looking for pre-seed funding to get to the first customers.
The founder, Anirudh Agarwal, is also looking for co-founders from the food science and nutrition domains.
Longer Term (Commercialization)
We also have detailed plans for scaling up with Seed funding around 500K SGD for generating positive cashflows and commercializing several different applications over the next 5 years. The estimates vary depending on the region of the world. Please contact us for details.
We also have different market sizes and go-to-market strategies for different applications. If you are intrigued by a particular application, please let us know!
A significant profit margin can be maintained while keeping the meals affordable due to the economies of scale.
The more the people on board, the higher the level of personalization and lower the price!
If you are an investor for early-stage startups, this could be your next project!
For a detailed pitch, please contact Anirudh Agarwal (Founder) at email@example.com