381 Congress Street | Boston, MA 02210 | USA Tel +1 (617) 897-9714
Contact Sam Hill, President
[email protected]
BODEGA ALGAE LLC DEVELOPS PHOTOBIOREACTORS
(PBR) WITH PASSIVE SOLAR LIGHT-GUIDING OPTICS
•
Bodega PBR converts free inputs into biomass for use as a biofuel
feedstock and aquaculture feed.
•
Bodega PBR increases microalgae yields 50-400%
INCREASED BIOMASS YIELDS OPEN DOORS TO
EXISTING & NEW MARKETS
10
Grams per Liter
9
Liquid Transportation Fuel
$100B Market
8
7
6
5
Coal-Fired Power Plants
$80B Market
4
3
Biomass-fired Power Plants
$3.4B Market
2
Aquaculture: $1B Market
1
NOX , SOX , CO2 Remediation: $50B Market
1
2
3
4
Year
5
6
7 ...
POTENTIAL MICRO ALGAE YIELDS PER ACRE MAKE
MORE BIODIESEL THAN OTHER CROPS
• Soybeans
90 gallons/acre
• Corn (Ethanol)
350 gallons/acre
• Palm Oil
500 gallons/acre
• MICROALGAE
5500 gallons/acre*
Energy Content of Biodiesel = 120,000 BTU/Gallon
*Projected
EXISTING CULTIVATION METHODS OFFER LOW
BIOMASS YIELDS
Pond Systems: 5 kg/m2
Raceway Systems: 20 kg/m2
Closed Photo Bioreactors: 25 kg/m2
BODEGA OFFERS GREATER AERIAL PRODUCTIVITY FOR
SIMILAR GROWTH RATES DUE TO LARGE VOLUMES
75
50
Kg/m2
Annual
BO
G
DE
A
25
TE
STA
0
0
O
RT
EA
H
T
F
g/l
10
PROBLEM Light limitation has prevented micro algae
from realizing commercial potential
when scaling up production
SOLUTION Bodega develops light guiding optics for
efficient large-volume cultivation
Bodega Reactor Schematic
Bodega reactor maximizes productivity by collecting
sunlight over a large area and distributing it to lenses in
pulses
BODEGA MARKET ADVANTAGE:
PROPRIETARY LIGHT-GUIDING OPTICS
DEAD ZONE
State of the Art: Large
volumes are light-limited
BODEGA: Optics provide efficient
cultivation throughout large volumes
BODEGA INCREASES PRODUCTIVITY IN 3 KEY AREAS
1. Culture Density
Light-guiding optics increase culture density by reducing the effects of
self-shading
2. Doubling Rate
Flashing light effect increases doubling rates
3. Aerial Productivity
Larger cultivation volumes translate to greater yields per square meter
RESULT: MORE BIOMASS PER LITER
MORE BIOMASS PER SQUARE METER
BUSINESS MODEL
Bodega will generate revenue from the following areas:
•
Initial sales to aquaculture
•
Stepped sales from LFGtE to BFPP to Coal
•
Licensing technology
•
Ongoing service contracts
•
Greenhouse gas and wastewater remediation
BODEGA ALGAE KEY MEMBERS
Sam Hill, PRESIDENT
M.S., Massachusetts Institute of Technology, the Media Lab.
M.S., Optical Engineering from the University of Arizona.
Joseph Dahmen, CHIEF EXECUTIVE OFFICER
M.Arch, Massachusetts Institute of Technology
Dr. Robin Kodner, DIRECTOR OF RESEARCH
PhD, Biology. Harvard University
Dr. Amanda Parkes, CHIEF TECHNOLOGY OFFICER
PhD, Massachusetts Institute of Technology, the Media Lab.
Alan White , ADVISOR
MIT Sloan, Founder of SupplyBase, Director of Arbor Malone LLC
Alain Hanover, ADVISOR
Director of Navigator Technologies, Advisor to Mass Renewable Energy Trust
Dr. James Barber, ADVISOR
Former CEO of Metabolix
FINANCIALS: SUMMARY
Year
1
Aquaculture
2
3
4
5
6
7
0.060
0.100
0.125
0.150
0.175
0.150
0.150
LFGtE
-
0.750
0.900
1.250
1.300
1.500
2.000
BFPP
-
-
0.700
2.000
6.250
9.000
15.00
Coal
-
-
-
0.500
4.000
7.250
15.25
Biofuels
-
-
-
-
-
0.500
1.500
Licensing
-
-
0.131
1.100
4.800
9.200
15.30
Support
-
-
0.030
0.250
0.800
2.200
6.000
Revenue ($M)
0.060
0.850
1.890
5.300
17.40
29.70
55.10
Labor
0.400
0.600
1.225
1.500
4.000
7.250
11.00
Equipment
0.525
0.775
1.150
2.000
3.500
4.500
7.500
Cost ($M)
0.925
1.375
2.750
3.500
7.500
12.75
18.50
EBIT ($M)
(0.865)
(0.525)
(0.485)
1.800
9.900
17.95
36.60
INVESTMENT OPPORTUNITY
3 Key Development Phases
YEAR 1: BENCH TESTING AND OPTIMIZATION
Objective: Establish proof of concept leading to pilot funded by
industrial partner
Budget: $1M,
YEAR 2-3: PILOT PROJECT
Objective: Demonstrate scalable success in pilot project at
biomass-fired power plant with industrial partner
Budget: $3M
YEAR 4-5: ROLLOUT AND SCALE
Objective: Roll out commercial product based on pilot success
Budget: $10M
THANK YOU!