Jan 2023

microTERRA Investors,

Starting 2023 with a new management style of our leadership team. Great energy and a lot of progress.

Pond at their full capacity on our AgroPark farm.

🚀 Highlights

• We closed $400K from Amplifica Capital, Cavallo Ventures, and SOSV. Thanks for the continuous support, this will allow us to hit key milestones before raising a series A.
• We found a native species of Spirodela - a Lemna strain that can produce twice as much pectin!
• As we prepare to launch our product, we decided to kick off a communication strategy, you will hear and see more soon!

<aside> 📈 KPIs

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Financial Metrics

Money in the bank

USD $1,925,735.14

Monthly burn rate

USD $83,674

Projected runway

18 months

Performance Metrics

🧪 Lemna Science

• % Pectin in the lab: 23%
• Patent filed: 0 / 1

🌱 Lemna Production

• % Pectin in the field: 14
• Efficiency g/m2/day: 170

⚙️ Process

• Variability in humidity :7%
• Drying capacity: 15 Kg/h
• External matter: 12 %