Executive Summary

Pheronym:

Pheronym is an agricultural biotechnology company developing nontoxic solutions for plant protection. We specialize in the development and manufacture of pheromones that direct nematodes towards insects and away from plants.

Problem:

Without pesticides there would be 50-80% crop loss globally, representing billions of dollars of financial loss to producers. Farmers have to use pesticides, but toxic chemical pesticides are being removed from the market. There is a clear and huge global need for safe, viable, smart alternatives to control insect pests.

Creative Solutions:

Our proprietary pheromone provides a safe and effective way to direct beneficial nematodes to attack target insects in a “pack,” resulting in a 5X insect kill rate as compared untreated nematodes. It is also safe for non-target insects such as pollinators, and leaves no harmful residue.

Products in the Pipeline:

  • Nemastim™
  • RKNblocker™

Traction:

      • Revenue in 2015 and 2016 research contract: $50K
      • Signed cooperative R&D agreement with USDA-ARS in 2015
      • SBIR Phase I grant in 2017: $100K
      • IndieBio accelerator in 2017: $250K
      • Laboratory soil trials ongoing in San Francisco at IndieBio and USDA-ARS
      • Greenhouse trial scheduled at USDA-ARS, Byron, GA and Univ. of Idaho, Moscow, ID in 2017 and 2018

Funding:

      • Raised $250K in seed equity funding
      • SBIR Phase I $100K non-dilutive funding

Team

      • Fatma Kaplan, Ph.D. CEO/CSO; 20+ years’ experience in plant molecular stress biology, nematode chemical ecology, and natural product chemistry
      • Karl C. Schiller COO; ; 15+ years’ of experience in economics research, data science and 5+ years entrepreneur

Global Market Size:

      • Chemical pesticide market: $66 billion
      • Biopesticide market: $4.4 billion
      • Seed treatment: $3.8 billion

Revenue Model: In order of revenue generation for 2018

      • Sell Nemastim through distributors
        • Greenhouse growers
        • Fruit and nut trees
      • Strategic partnership for further technology development and broad global commercialization

Milestones:

2015:

      • Research contract
      • USDA-ARS CRADA

2016:

      • R&D Lab established
      • IP: US patent pending

2017:

      • IP: PCT: application
      • SBIR Phase I awarded
      • At IndieBio, largest biotech accelerator globally
      • Produced prototype
      • Completed soil tests
      • Regulatory compliance

2018:

      • Greenhouse trial
      • Scale up production
      • Quality control parameters
      • Enter greenhouse market
      • Field trials in orchards

For more information, see our Pitch Deck.