2. www.cartsandtools.com
Our Business
We create innovative, battery powered, electric tools
solving the needs of market farmers who grow and sell
organic food.
2013 Carts and Tools Technology, Inc.
4. www.cartsandtools.com
There are over 200,000 market farmers selling at local
markets, farm stands, local restaurants and stores In the
United States, farms smaller than 27 acres have ten times
the dollar output per acre than large farms.
2013 Carts and Tools Technology, Inc.
5. www.cartsandtools.com
Market growers need new tool solutions to manage labor
costs, eliminate costly pesticides, and reduce the use of fossil
fuels.
These tools must be multi-purpose and affordable.
2013 Carts and Tools Technology, Inc.
6. www.cartsandtools.com
Todays’ big farm tool manufacturers don’t provide tools
scaled for the small market farmer and the smaller tools
miss the boat.
2013 Carts and Tools Technology, Inc.
8. www.cartsandtools.com
8144 farmers markets in the US
up from 4000 in 2008.
Sales increased to $7 billion up
from $1 billion in 2005.
2013 Carts and Tools Technology, Inc.
10. www.cartsandtools.com
We’re leveraging emerging technology in sensors,
electric motors, and batteries that we scale to solve the
market grower’s need for tools necessary in organic
growing.
2013 Carts and Tools Technology, Inc.
13. www.cartsandtools.com
$29.9 Million Raised
Harvest Automation brings smart, mobile,
adaptive robotics into agriculture
“Turning Robots into Teammates” Charles Grinnell,
Founder and CEO
Forbes March 2013
"The Forefront of Robotics" - Robot Farming and the
Future of Food: Hard Work on Wheels.
Bloomberg, June 2013
2013 Carts and Tools Technology, Inc.
14. www.cartsandtools.com
May
June
Aug.
Dec.
~Filed first patent application.
~Launched website, 1200 unique visitors monthly.
~Production shipments to our early adopters.
~Solus Electric Toolbar prototype testing
started.
2013 Carts and Tools Technology, Inc.
15. www.cartsandtools.com
Solus is the two-wheeled, all electric platform from
which an entire new classification will emerge. It is the
powerful core of our second generation tools.
•
Enhance precision
cultivation.
•
In-row weeding using sensor
based technology.
•
Assists harvesting small plot
specialty grains.
•
Smart tools that follow the
worker.
2013 Carts and Tools Technology, Inc.
16. www.cartsandtools.com
Capital Sought
$250, 000 new funds
Use of new funds
• Hire engineering staff
• Mechanical engineering
• Robotics
• Programming
• Expand marketing efforts
• Manufacturing
• Innovations
• Cost reductions
2013 Carts and Tools Technology, Inc.
17. www.cartsandtools.com
2018, $10.0 million in revenues, solid
balance sheet, strong future growth
•
•
•
•
Strong Brand
Loyal customer base
Excellent IP
Attractive sale for the
right price and
company
• Ability to continue as
a lifestyle brand
• IPO potential
2013 Carts and Tools Technology, Inc.
18. www.cartsandtools.com
By The Way
You can find us at…
www.cartsandtools.com
Email us at…
info@cartsandtools.om
michael@cartsandtools.com
brad@cartsandtools.com
Thank you for your time and consideration!
2013 Carts and Tools Technology, Inc.
Notas do Editor
Who we are and what we do.Why? We believe in sustainable and healty food sources.
Michael McGowenBackground in Computer Hardware engineering and robotics.Founded Alteon NetworksLicensed technology that became the basis for the Broadcom Ethernet controller . 60 million cores shipped. 1999 IPO raised $76 million. Founded Essential Communications Created the first Gigabit Ethernet Interface Card , Negotiated 2 rounds of funding A and B of $2.5 million each and was acquired in 1999 by ODS Networks.Michael is a lifelong entrepreneur and backyard farmer Brad AttigBrad has an extensive sales, branding, and marketing experience. Macy's, Target, Montgomery Wards and Citibank as well as experience with a NYC based pre-IPO internet startup, IvyExec.com, recently named one of INC’s 500 fastest growing companies.Jorge BanuelosOSU degree in Mechanical engineeringOwner of Lindero Engineering in CorvallisExtensive experience in modeling and prototyping, excellent supplier knowledge.
Who is our customer?The Market Farmer?
What problems does the market farmer face?They were given up for dead and no one has been making tools scaled for their needs.The market grower faces a “cost of labor” challenge. Our tools increase productivity and reduce labor expenses.They lack access to big capital to purchase expensive tools. Tools that are often single use. Our tools are lower prices and much more versatile in use.They want to use sustainable methods to grow their products. Our tools run on sustainable electricity and can even be solar charged.
85% of the ag equipment market is dominated by 3 players who live by the motto, “go big or go broke.”Consumer brands aren’t built to professional standards.This leaves the market farmer with few choices.
As a result of consumers wanting local, organic food farmers markets have exploded.This has created demand which the new market farmer is filling.
Do you know what a CSA is?
What do they need?Labor saving devices to make them more productiveTools scaled to small stake agriculture.Versatile tools that have more than a single purpose.Tools that require less energy input to operate.
Our visit to Our Table an 67 acre cooperative farm in Sherwood Oregon.
Who is our real competition?Those startups and early stage companies doing the same thing we are?How are we different? We choose to focus on the local farmer growing food for the local economy.
What have we done so far?We really started this venture in Jan of 2013.