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Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
…digitalizing the seafood market
SeafoodPortal.com
Powered By JET Seafood AS
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
Main challenge
Todays Seafood Market is chaotic
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
The future solution
One hub for all the players in the value chain
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
✓ Trade Seafood
✓ Logistics, Data
Management and
Insurance
✓ Tracking and food safety
✓ Electronic Quality Documents
The future solution
…representing a “one-stop-shop” where every aspect of
the process is handled
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
2019 2029
Market Size
The seafood industry will be digitalized in the years to
come
136
0.1
136 bUSD Seafood market
Manuell Share Digitalized Share
47
142
Est 190 bUSD Seafood Market
Manuell Share Digitalized Share
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
Business Model
Seafood Portal will charge a transaction fee of traded value
2022 Target: 100 mNOK revenue
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
Milestone Timeline
First
commitment
to funding
round
Sep
2018
Platform soft
launch
Dec
2018
First portal
revenues
Q3
2019
Close of first
funding
round:
10mNOK
Nov
2018
Platform
hard launch
Q1
2019
Jun
2018
Angel
Challenge
Winner
Close of 2nd
funding
round
2020
Market
expansion
Sales
Director
hired
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
Our network
We are already integrating in the value chain
Won Angel Challenge 2018
Financial support and adviser
Technical partner and investor
Start-up adviser
Grunder Hub winner
Bergen 2018
Siva accredited
Incubator program
Value Chain partner
Value Chain partner
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
Early stage customer feedback
Overwhelming response from the market players in the
initial stage – both suppliers and customers
«We have done trading
the same way for 20 years
– we need this!»
Farmer, Norway
«It would be great if we
could get a market place
to ease the access to the
salmon»
Processor Lithuania
«I will follow you keenly.
Change is required to
progress into the 21st
century»
Sourcing Manager,
England
«This looks great, but can
I sell my products on it
also?»
Processor, Norway
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
Operational
Core Team
Eirik Talhaug
CEO
Domain Experience
Nina Seter
COO
Strategy and HR
Our team
We have an experienced and dedicated team with
expertise in seafood, trading, business and IT
Bård Strøm
CDO Cutters
Tom Georg Olsen
CEO Miles
External
Resource
Team
TBA
Sales Director
9 years in salmon
NN
Sales Manager
Board
Members*
Gøran S. Ellingsen
Board Member
Miles co-founder
Dag Seter
Chairman
20+ commodity
experience
Ivar Borge
Board Member
Former PWC partner
*CEO Eirik Talhaug is also member of the Board
Vilhelm Vardøy
CTO Advisor
Former Xeneta CTO
Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved
.

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Jet Seafood - Lager ny handelsplattform for sjømat @ First Tuesday Bergen

  • 1. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved …digitalizing the seafood market SeafoodPortal.com Powered By JET Seafood AS
  • 2. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved Main challenge Todays Seafood Market is chaotic
  • 3. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved The future solution One hub for all the players in the value chain
  • 4. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved ✓ Trade Seafood ✓ Logistics, Data Management and Insurance ✓ Tracking and food safety ✓ Electronic Quality Documents The future solution …representing a “one-stop-shop” where every aspect of the process is handled
  • 5. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved 2019 2029 Market Size The seafood industry will be digitalized in the years to come 136 0.1 136 bUSD Seafood market Manuell Share Digitalized Share 47 142 Est 190 bUSD Seafood Market Manuell Share Digitalized Share
  • 6. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved Business Model Seafood Portal will charge a transaction fee of traded value 2022 Target: 100 mNOK revenue
  • 7. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved Milestone Timeline First commitment to funding round Sep 2018 Platform soft launch Dec 2018 First portal revenues Q3 2019 Close of first funding round: 10mNOK Nov 2018 Platform hard launch Q1 2019 Jun 2018 Angel Challenge Winner Close of 2nd funding round 2020 Market expansion Sales Director hired
  • 8. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved Our network We are already integrating in the value chain Won Angel Challenge 2018 Financial support and adviser Technical partner and investor Start-up adviser Grunder Hub winner Bergen 2018 Siva accredited Incubator program Value Chain partner Value Chain partner
  • 9. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved Early stage customer feedback Overwhelming response from the market players in the initial stage – both suppliers and customers «We have done trading the same way for 20 years – we need this!» Farmer, Norway «It would be great if we could get a market place to ease the access to the salmon» Processor Lithuania «I will follow you keenly. Change is required to progress into the 21st century» Sourcing Manager, England «This looks great, but can I sell my products on it also?» Processor, Norway
  • 10. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved Operational Core Team Eirik Talhaug CEO Domain Experience Nina Seter COO Strategy and HR Our team We have an experienced and dedicated team with expertise in seafood, trading, business and IT Bård Strøm CDO Cutters Tom Georg Olsen CEO Miles External Resource Team TBA Sales Director 9 years in salmon NN Sales Manager Board Members* Gøran S. Ellingsen Board Member Miles co-founder Dag Seter Chairman 20+ commodity experience Ivar Borge Board Member Former PWC partner *CEO Eirik Talhaug is also member of the Board Vilhelm Vardøy CTO Advisor Former Xeneta CTO
  • 11. Copyright (c) – Private and Confidential – Ownership of JET Seafood – All Rights Reserved .