Fumibox

Create an affordable mobile solution that will protect organic products using "modified atmosphere" and "controlled atmosphere" methods

We are at the stage of finishing first example of product. We have taken lab research, series of tests, develop MVP and test it with approval of SGS certification, (TRL 6+)
Create company
About 200 hot EU contacts received after Biofach 2020 exhibition (wait list of users)
Having negotiations with local Ukrainian companies for cooperation, first order and testing in operational enviroment
Seeking for mentors\partners\consultancy in fumigation industry
No revenue at the moment, as we have only expences due to MVP creating

- Farms (small, medium)

- Elevators

- Enterprises providing fumigation services

- Cargo and warehousing terminals

- Agricultural holdings

-Chemical enterprises

Low level of organic products on the market
The complexity of protection and storage of the crop without compromising its quality
High levels of pesticides in products
Existing organic protection solutions on the market are expensive and not convenient enough for small and medium business owners

Develop equipment and technology that are:

- Available

- Environmental

- Effective

- Convenient and easy to maintain

Direct
competitors

Kreyenborg GmbH & Co
VQP GROUP
Fumico Fumigations B.V.

Indirect
competitors
Freight and storage terminals
Agroholdings and elevators
Fumigation companies

Mobility and ease to self-usage
Cheapest cost of expandable materials and equipment itself
Versatility of technology
Wide-range raw material base and human resources

Receipts



- Equity (10%)

- Raised capital (30%)

- Gross profit from sales (60%)



Costs



- R&D-45%

- Marketing-15%

- Salary-25%

- Costs for certification / registration of patents / permits, administrative costs, etc.-15%

The way to the consumer:
- Visiting specialized exhibitions

- Direct sales through offline and online sales channels

- Recommendations from partners, clients

Key metrics:
- Number of sales per year at least 2 units in the first year after prototype development

-Preparation of the product to enter the international market in year 2022

-Optimization of production costs, reduction of 20% relative to the first sample

Sources of income:
- Equipment sales (70%)

- Sale of spare parts and consumables (10%)

- Provision of fumigation services (10%)

- Consulting services (10%)

Modification of the product due to the feedback and wishes of customers, optimization of the production process.
Warehouse and office rent
Personnel salary
Sub-contractor`s deals
Equipment,parts,details
Engineering costs
Legal, accountance costs
Marketing

Can be discussed during the process of negotiations, royalty or equity preffered

Strong competitors side
Govermental regulation for organic market\ pest control in some countries