Pharm Robotics

Pharm Robotics

We are automating the shot delivery process for dairy and beef cows with robots.

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Security Type
Convertible Note
Categories
Agriculture
Min Investment
$200
Location
San Jacinto, CA
Offering Date
December 18, 2020
Expected Close Date
March 11, 2021
Target Raise
$175.00K-$1.07M
Deal Notes

Interest: 5%

Discount: 20%

Company Description

We sell robotic systems to deliver shots to dairy cows and ensure that all cows get shots correctly and on time. Once a shot has been given in the neck region of a cow, her medical records will be updated in real-time where the dairy farmer can then view and make better decisions based on accurate and current data. The dairy farmer will no longer need labor to administer shots and manually record data within this area of the business which will result in a healthier, more productive herd.

In 5 years, we aim to be a household name in the animal health space within Agriculture Technology. We plan to also offer our solution to the beef industry with an overall vision of expanding to other animal species globally. Our system will allow us to develop predictive modeling capabilities and optimize the shot delivery process for animals based on individual characteristics and historical events. These projections are not guaranteed. 

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $1,000+ for Pharm Robotics beer cuzzi and access to our quarterly call
$5,000+ Pharm Robotics pocket tee and dinner with Founding Team (Marinus, Alika, and Connor)
$10,000+ Pharm Robotics trucker hat and invitation to private launch party with unlimited milk (and beer)!
Invest $1,000+ for Pharm Robotics beer cuzzi and access to our quarterly call
$5,000+ Pharm Robotics pocket tee and dinner with Founding Team (Marinus, Alika, and Connor)
$10,000+ Pharm Robotics trucker hat and invitation to private launch party with unlimited milk (and beer)!

Key Deal Facts

Co-Founders have 25+ years of combined experience in the dairy industry and are first-moovers ?
Patent-pending technology will decrease labor costs and increase immunity and pregnancy rates ?
~$12.3M potential revenue from 41 non-binding LOIs for purchase agreements across 4 countries ?
Investment partnership with Siemens Industry Inc. to help develop the prototype and brand marketing ?
Strategic partnership with a SaaS company who manages data for ~60% of the cows in the US ?
Equipped with 4 advisory board members who mentor in dairy equipment, SaaS, and sustainability ?
Established relations with DFA, the largest cooperative in the US representing 8,500+ dairy farms ?‍?
Teamed up with CSU, Chico to design our gate system through their Capstone Design Program ?

Use of Proceeds

$175,000 

  • 79.21% towards building the robot arm and vision integration
  • 14.29% towards marketing
  • 6.50% towards Wefunder fees 

$1,070,000

  • 51.23% towards Sureshot development and engineering
  • 13.08% towards two full-time employees
  • 11.25% towards future units
  • 9.35% towards R&D
  • 6.54% toward marketing
  • 6.50% towards Wefunder fees, 1.40% towards traveling and customer relations
  • 0.65% towards accounting and legal 

Management Team / Advisory Board Bios

Marinus Dijkstra
CEO & Co-Founder
Over 20 years of experience in the dairy industry, California Milk Advisory Board Member, California Dairy Inc. Producer

Connor Broughton
CMO
MBA Graduate from Chapman University, national level athlete, BS in Business Administration with Finance Emphasis, and BS in Accounting

Deal Notes

Interest: 5%

Discount: 20%

Amount Raised : $0
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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