BeanCare Technologies
Coffee roasting technology that improves coffee beans' quality to answer on 2 billion kg (20% of global yield) of climate-damaged coffee beans
About Us
We are an early-stage company with a patent pending coffee roasting method for turning climate-damaged defective coffee beans into high-quality coffee.
The global coffee market is estimated at 433B USD which includes over 10 billion kilos of beans and CAGR of 7.64%.
By 2050, global warming will reduce coffee growth by half. Currently, over 20% of coffee beans fall below Western coffee quality standards due to climate change-induced quality deterioration and coffee defects, causes to coffee producers struggle to achieve the desirable flavors.
Beancare has been developing a coffee roasting machine with unique physiochemical features to turn climate-damaged defective coffee beans into high-quality coffee. We believe that once commercialized this method can have a dramatic effect on the utilization rate of sub-standard coffee beans. Turning what today is effectively waste – into a hugely valuable asset – with positive environmental impact.
Since the market is dominated by several very large companies our plan is to generate revenues through licensing/royalty our technology and patent protected roasting machine.
Progress to Date:
• Strong team building
• POC
• Patent filed
High Level Economics
Low-quality coffee buying price: 3 USD/KG
Normal-quality coffee selling price: 5.5 USD/KG
Gross profit/KG:2.5USD
With assumption of 10% of the defective beans market: 200M KG
Total gross profit/year:2.5X200M = 500M USD
Relevant Challenges
Food Waste
Sub-standart beans are not used by the Western coffee industry and are sold in local markets at cheap prices and sometimes even used for other purposes. We enable the coffee industry to use them as if they were not climate-damaged and increase the utilization of the coffee in the World.
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