Project 961108

Making Scent Readable

• NanoScent has developed VOCID® for detecting VOC molecules in the air
• Best tech for measuring air molecules at this price & size, scalable
• Sensing at PPB level
• 7 patents around tech and applications
• 5 years building the tech know-how
• Pivoting from healthcare back to climate tech
• Monitoring hydrogen quality in real time
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Air Quality
$365m
Climate Tech Sensing Opportunities

Pollution Monitoring
$420m • Automotive sector / transport is
responsible for 24% of direct CO2
emissions.

H2 Quality Monitoring • Hydrogen is one of the most

$626m promising opportunities as an
energy source for fuel cells.

Clean Room Air Monitoring

$941m

Leak Detection in Oil & Gas

$4,100m
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• Fuel cells are the key for long-haul
emissions to reach net zero impact.

• Long-haul transport like trucks and

trains are responsible for 80% of
emissions within the transport sector.

• For this to happen, H2 must be low cost + good quality.

• Hydrogen impurities can ruin fuel cells. Purity must

be at 99.999%.

• Impurities like carbon monoxide and hydro sulphides

can cause damage.

CC BY 2.0 - Maurizio Pesce

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Lab Tests Are Inef cient & Costly

• Hydrogen quality is unstable and expensive to test

• Lab tests require 48-hrs turnaround, ~5K per test
• Unsustainable for fuel cell and hydrogen market growth

4
fi
H2 Monitoring in
Real Time
VOCID® H2Confirm

5
 Market Opportunities: Electrolyzer manufacturers, storage,
compression, pipelines, hydrogen refuelling stations, fuel cells.
Hydrogen quality
results in 3 minutes
HIGH TROUGHPUT:
REDUCE 225 MEGATONS OF
• ~$50 per measurement CO2 EMISSIONS.
• 3 minutes for result

VOCID® H2Confirm

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7
 Traction

Need: Hydrogen quality Need: Hydrogen quality

for air mobility. for H2 supply.

Need: Hydrogen quality Need: Hydrogen quality

for H2 supply. for fuel cell bench testing.

Need: Electrolyzer Need: Hydrogen storage

production quality control. quality control.

VOCID® H2Confirm launch at the Hydrogen Technology Expo in Germany, October 2022

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Product launch celebration,
October 2022

Sima Israel, PhD

VP of R&D | PhD Material Science

Orna Barash, PhD

VP of Product | PhD Biochem Engineering

Sima Rozenbalt
Field Specialist | EU-based

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About Us
Team | Facilties

10
Our People
Founders & Board of Directors

Oren Gavriely | CEO & Co-founder, Board Member

Entrepreneur. Mechanical Engineer. Father of 3. Yoga Instructor.

Eran Rom | Co-founder & CTO

When
Lead researcher at IBM. Software engineer specialising in MVPs.

Amnon Barlev | Chairman of the Board

Serial entrepreneur. Former president of CheckPoint.

• 20 employees with domain expertise Satoshi Okamoto | Board Member

• Based in the North Galilee Rep of Sumitomo Chemicals. Invention portfolio of 230+ patents
• Raised $20 mil
Adamo Screcni | Board Member
25+ years leading the hydrogen market. Former executive at
TotalEnergies, AirLiquide & McPhy

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Our Labs

Lab Space

Clean room (class 100)

Chemical lab

Dry Lab

State-of-the-art equipment

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Our Core Competencies

Business opportunity Production capability Deep development Experience in scaling and

to monitize CAPEX and partnerships. capabilities in chemical establishing relationships
and OPEX. and algorithmic processes. with integrators.

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 Business
Market | Penetration Model | P&L | Funding

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Hydrogen Landscape
Market Size by 2030 Value Chain Advantage of VOCID® H2Confirm

UP-STREAM:
High throughput using VOCID®
Electrolyzers: $118m • Production H2Confirm
• Bazan, AirLiquide

MID-STREAM:
Storage: $409m • Distribution & Storage Easy to operate & handle
• Shell, Gasnetz

DOWN-STREAM:
Fuel Cells + HRSs: $99m • Fuel Cells, HRSs, Mobility Immediate results, on-site
• ZeroAvia, Resato

Business Model: CAPEX + OPEX 6

Market Potential vs.
Type 2023 2024 2025 2026 2027
Acquired
Penetration
Up-stream
Model Customers
200 240 400 550 1000

Mid-stream
300 360 600 850 1500
Customers
Potential
Customers
Down-stream
500 600 800 1100 2000
Customers

Total PC: 1000 1200 1800 2500 4500

Total
25 75 175 400 800
Acquired Acquired:
Customers
% penetration 2.50% 6.25% 9.72% 16.00% 17.78%

Subscription-based Price Model Annual Measurements By Customer Type

CAPEX Sell Price: $10,000
Device, manifold 4000 1000 100
Hardware & accessories

Measurements per Measurements per Measurements per

OPEX Sell Price: $50
Service, supply of up-stream customer mid-stream customer down-stream customer
Measurements reference gas, sensors

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Revenue Projection: Profit & Loss High Level Cash Flow [in $K]

2022 2023 2024 2025 2026

Opening Balance $4,525 $2,000 $13,670 $8,495 $3,695

Revenue - $400 $1,500 $4,250 $10,000

COGS - ($80) ($325) ($900) ($2,150)

Gross Profit $0 $320 $1,175 $3,350 $7,850

M&S ($200) ($500) ($1,500) ($3,200) ($4,750)

R&D ($2,300) ($2,400) ($3,250) ($3,250) ($2,000)

G&A ($500) ($500) ($600) ($700) ($800)

Net Profit ($3,000) ($3,080) ($4,175) ($3,800) $300

CAPEX ($125) ($250) ($1000) ($1000)

Investments/Grants $600 $15,000 $0 $0 $0

Closing Balance $2,000 $13,670 $8,495 $3,695 $3,995

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Our Funding

Funding history:
• $10 million led by Sumitomo Chemicals.
• $10 million non-dilutive development funding from EIC, IIA
and cooperations.

Ask:
• $7 million in order to match $8M offer from the EIB
(Total of round of $15M)

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 “The proper use of science is not to conquer nature but to live in it.”
—Barry Commoner

oren@nanoscentlabs.com
+972 54.782.7857 Thank you for being a part of this!