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1 | BioSTL & GlobalSTL Overview Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019

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Page 1: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

1 | BioSTL & GlobalSTL Overview

Building and leveraging a globally recognized Ag-Food

Innovation Ecosystem

Vijay Chauhan, GlobalSTL Lead

InfoAg 2019

Page 2: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

2 | BioSTL & GlobalSTL Overview

Transforming the St. Louis economy based on a

foundation of innovation and global connectedness

Page 3: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

3 | BioSTL & GlobalSTL Overview

What We Do – Building an Innovation Economy

BioGenerator:

Creating, building, &

investing in St. Louis

startups (venture capital)

GlobalSTL:

Recruiting high-growth

international companies

to St. Louis

Innovation space:

Catalyzing innovation

districts, labs, and

coworking

STEM Workforce:

Developing

diverse/inclusive

workforce

Page 4: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

4 | BioSTL & GlobalSTL Overview

$ 845M

Creating, Building & Investing in Startups

• Invested $22 million in 79 high-

growth ventures

• Shapes business and IP strategy

• Recruits industry-seasoned

management

• 170 Global Venture and Strategic

investors have invested in

BioGenerator companies

Portfolio companies have raised

BioGenerator’s investment leveraged

38 to 1

Page 5: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

5 | BioSTL & GlobalSTL Overview

Improving Access to Investment Capital for STL Startups

d i s t i nc t

i n ve s t o r s i n

B i o G e n e r a t o r

c o m p a n i es

170

>80%o f d o l l a r s

f r o m o u t s i de

S t . L o u i s

• Novo Holdings A/S – Copenhagen

• New Enterprise Assoc. (NEA) – Wash, D.C.

• Menlo Ventures – San Francisco

• Google Ventures – San Francisco

• Qiming Venture Partners – Shanghai

• Clarus Ventures – Boston

• Sofinnova Ventures – San Francisco

• Tekla Capital Management – Boston

• ARCH Venture Partners – Chicago

• F-Prime Capital – Boston

• Atlas Venture – Boston

• Novartis Venture Fund – Basel, Switzerland

• HBM Healthcare Investments – Zug, Switzerland

• Roche Venture Fund – Basel, Switzerland

• Nan Fung Life Sciences – Hong Kong

• btov Partners – Berlin

• Correlation Ventures – San Francisco

• ETF Partners – London

• Syngenta Ventures – RTP, North Carolina

• Rock Springs Capital – Baltimore

• Kirin Holdings – Tokyo

• Medtronic – Minneapolis

Notable venture and strategic investors:

Page 6: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

6 | BioSTL & GlobalSTL Overview

Recruiting US Headquarters of Innovative

High-Growth International Companies

St. Louis – Midwest: Ag/Food Powerhouse

GlobalSTL - Delivering Partners to Drive Business Growth in North America

Page 7: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

7 | BioSTL & GlobalSTL Overview

St. Louis Ag/Food Organizations

WORLD LEADING RESEARCH

Largest Plant Science Research Center

WORLD’S LARGEST BREWER

One of the Biggest Consumer Products

Companies

CROP SCIENCE

~$16.5 Billion in Revenues

WORLD’S SECOND LARGEST PET FOOD CO.

$11.2 Billion in Revenue

Nutrition and Health Division in St. Louis

ANIMAL HEALTH & NUTRITION

$1.2B in Revenue, operating in 90+ countries

Page 8: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

8 | BioSTL & GlobalSTL Overview

St. Louis AgTech-Food Ecosystem

Corporate Strategic

PartnersProduct validators, First Customers &

Potential Acquisition

•Bayer •KWS •Bunge

•Nestle-Purina •Novus

•AB Mauri/British Foods

•AB InBev •Panera

•Post Foods

•DuPont Nutrition & Health

ICL

Research PartnersCollaborators / Core Facilities /

Field Trials

•Danforth Plant Science Center

•University of Missouri – Fisher Delta

Research Center Columbia,

College of Agriculture

•Ag Idea

Innovation/

StartUp

Communities

•39 North (Bayer, BRDG

Park/Helix/Community

College)

•Cortex/CIC

•T-REX

Investors

•Bayer Growth Ventures

•Lewis & Clark –Ag Fund

•BioGenerator •MTC

•Cultivation Capital

•Prolog •Arch Angels

•Advantage Capital

•Yield Lab Accelerator

•Wells Fargo Foundation

•iSelect

Industry Specific

Assets

•National/MO Corn/Soy Growers

Assoc.

•Agri Business Club

•Ag Showcase

•MFA•Early Adopter Grower

Innovation Community

(EAGIC)

Page 9: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

9 | BioSTL & GlobalSTL Overview

39 North District

39 North is an innovation district - located in St. Louis

County - uniquely positioned to advance the region’s

global leadership in plant sciences and agtech

Page 10: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

10 | BioSTL & GlobalSTL Overview

St. Louis’ Ag/Food “Shopping List”

• Precision & digital ag

• IT solutions for enterprise

• Robotics & automation

• Remote sensing & measurements

• Software and analytics

• Biotech, breeding, traits & new crops

• Biologicals & microbes

• Nucleic acid delivery & new materials

• Water & soil management

• Crop protection

• Novel business models in ag

• Healthy human and pet food ingredients

• Weight management

• Probiotics

• Diabetes, heart health, & brain health

• Medical foods and diagnostics

• Nutrition at molecular level

• Packaging science

• Litter science

• Social media platforms for pet owners

• Production animal-aqua culture micronutrients

Agriculture Tech Innovation Priorities Food-Feed Tech Innovation Priorities

Page 11: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

11 | BioSTL & GlobalSTL Overview

• 17 Companies Announced St. Louis Presence

• $108 Million in investment & revenues and 215 direct

and indirect jobs created

• Ag and Food Sector

o Innovation sourcing & startup recruiting engine across 10

countries

o Hosting delegations of global innovators and producers to

develop business with Midwest Ag-Food ecosystem

o Taking delegations of Midwest Ag-Food ecosystem players

to meet international innovators

o Making St. Louis/MO Ag-Foodtech hub and destination for

global innovation

GlobalSTL Results Since May 2014 Launch

Israel

BrazilIndia

Argentina

France

Netherlands

Ireland

China Singapore

UK Denmark

Page 12: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

12 | BioSTL & GlobalSTL Overview

St. Louis AgTech-Food Ecosystem

Corporate Strategic

PartnersProduct validators, First Customers &

Potential Acquisition

•Bayer •KWS •Bunge

•Nestle-Purina •Novus

•AB Mauri/British Foods

•AB InBev •Panera

•Post Foods

•DuPont Nutrition & Health –

Danisco

ICL

Research PartnersCollaborators / Core Facilities /

Field Trials

•Danforth Plant Science Center

•University of Missouri – Fisher Delta

Research Center Columbia,

College of Agriculture

•Ag Idea

Innovation

Communities

•39 North (Bayer, BRDG

Park/Helix)

•Cortex/CIC

•T-REX

Investors

•Bayer Growth Ventures

•Lewis & Clark –Ag Fund

•BioGenerator •MTC

•Cultivation Capital

•Prolog •Arch Angels

•Advantage Capital

•Yield Lab Accelerator

•Wells Fargo Foundation

•iSelect

Industry Specific

Assets

•National/MO Corn/Soy Growers

Assoc.

•Agri Business Club

•Ag Showcase

•MFA

Producers

•Early Adopter Grower

Innovation Community

(EAGIC)

Connecting producers

with global innovation

Page 13: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

13 | BioSTL & GlobalSTL Overview

Early Adopter Grower Innovation Community (EAGIC)

Keeping Midwest growers globally competitive

Page 14: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

14 | BioSTL & GlobalSTL Overview

Growers innovation pathway - Today

Growers

Receivers of Innovation

Input

Companies

Coops/

Retailers

USDA;

Land Grant

Univ.

StartupsProcessors

Equip.

suppliers

Today

Overwhelmed with innovation

Hold the risk bag

Long time horizon to scale

Limits investor interest

Reduces Grower

Productivity

Page 15: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

15 | BioSTL & GlobalSTL Overview

Creating a new path to bring innovation to Midwest producers

Producers

Receivers of Innovation

Input

Companies

Coops/

Retailers

USDA;

Land Grant

Univ.

StartupsProcessors

Equip.

suppliers

Today New Path

Growers

Global Innovation

sourced to meet

producer needs

Early Adopters

Drivers of innovation

Page 16: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

16 | BioSTL & GlobalSTL Overview

Innovation

Deployment

Early

Adopter

Grower

Innovation

Community

(EAGIC)

Midwest Growers

• Early adopter growers

• Grower-centric

• Global innovation sourcing platform

• Grower-Innovator-Researcher: Rigorous Pilots

• New approach to scaling innovation

EAGIC – unique value proposition: changing the trust paradigm

Page 17: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

17 | BioSTL & GlobalSTL Overview

Page 18: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

18 | BioSTL & GlobalSTL Overview

EAGIC: Bringing Competitive Advantage to Midwest Producers

EAGIC:

•Changing the trust paradigm

•Shrinking the time to scale

•Magnet for Global Innovation

Innovation

Deployment

Early

Adopter

Grower

Innovation

Community

(EAGIC)

Midwest Growers

Page 19: Building and leveraging a globally recognized Ag …...Building and leveraging a globally recognized Ag-Food Innovation Ecosystem Vijay Chauhan, GlobalSTL Lead InfoAg 2019 2 | BioSTL

19 | BioSTL & GlobalSTL Overview

Early Adopter Grower Innovation Community

Quentin Rund - Project Lead

[email protected]

+1 217-841-5107

EAGIC

Vijay Chauhan – GlobalSTL Lead

Email: [email protected]

Mobile: +1-636-346-8409

Luke Blackburn – Business Development

Email: [email protected]

Mobile: +1-314-320-0200

Quentin Rund – Project Lead

Email: [email protected]

Mobile: +1-217-841-5107