TM

The Clear Path to Sustainability

Innovation Fund Interview Pitch Case

Instructions:• Please review this slide deck from an actual IF pitch for your Spring

2013 IF Interview• You may research whatever you would like on the company but focus

on the material in this deck• Be prepared to explain in your interview whether you (as an

Innovation Fund investor) would or would not fund this company• You will have around 5-10 minutes to justify your decision• In a normal situation this would be presented to you. If things are

unclear from the deck, just do your best! You will never have complete information…

THE PROBLEM

In the US, 70% of all electricity is consumed by buildings.

CURRENT SOLUTIONS

OUR SOLUTIONInvisergy has developed a transparent, electricity generating device that can be installed with or applied to any transparent surface.

Invisergy’s proprietary process involves applying a very inexpensive dye to the surface of the window. This dye redirects light to the edges of the window where it is harnessed by photovoltaic cells.

HOW DOES IT WORK?

1.

2.

3.

1. Each window collects incident sunlight via the luminescent dye.

2. The sunlight then travels to the edges of the window where it is converted into electricity via photovoltaic cells.

3. The electricity is then sent to a central inverter which connects all the windows to the grid.

How Energy is Generated

Invisergy’s manufacturing process is truly innovative:

• Orders of magnitude reduction in cost

• 3x increase in efficiency

• Allows for the use of inexpensive dyes

• Maintains standard window installation costs

WHAT IS INNOVATIVE?

The Transformative Power of Our Product – Willis Tower Case Study:

Suppose a client installs Invisergy’s PVGU on the windows of the Willis Tower (formerly Sears Tower) in Chicago, U.S.A.

Approximately 15,000 windows installed.

Overall Efficiency of System: 3% Energy Generation: 500 kW = 2.3 acre solar farm! Cost Per Watt = $3/W Pay-back Period = Less than 5 years

OUR TEAM (PENN-MIT)Business Development (Wharton/SEAS)

NAME 3 Penn M&T 14’ CBE & FNCE/MGMT

NAME 4 Penn M&T 13’ MSE & FNCE

Technical Development (MIT)

NAME 1 Penn M&T 09’, MSE & FNCE

Masters in Physics from UK

PhD 1st yr MIT

NAME 2 PhD 3rd yr MIT

Chemistry and Chemical Engineering

Advisory Board (Wharton/SEAS) NAEM 5 has more than 20 years of experience developing business strategies

for emerging companies as well as Fortune 500 clients. NAME 6 has focused his entire career around starting and building emerging

growth technology businesses. He is currently CEO of AgileSwitch, LLC.

$400 - Luminescent Lumogen dyes from BASF$100 – Solvent for assembly$100 – Glass to use in 4th generation prototype$100 – Wires for assembly $100 – Epoxy for assembly$200 - CIGS solar cells for the 4th generation prototype------= $1000

USE OF IF FUNDS:

FOR DEVELOPMENT OF INVISERGY’S 4TH GENERATION PROTOTYPE

Critical for Invisergy to develop a 4th generation prototype for upcoming competitions, like MIT’s 100K, and for us to begin to gather more accurate data to assess system performance.

TARGET MARKET

TARGET MARKET

TARGET CUSTOMERS

COMPETITIVE LANDSCAPE

Competitive Comparison

2012 2013 2014 2015 2016

-$5,000,000

$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

Gross Profit

Net Income

FINANCIAL PERFORMANCE

REVENUE MODEL/PERFORMANCE

THE NEXT 6 MONTHS

KEY MILESTONES

Q&A