Company Website: https://entomal.com/
Facebook: https://www.facebook.com/entomalbiotech/
LinkedIn:  https://www.linkedin.com/company/entomal-biotech/
Whatsapp: 
https://wa.link/8knnfh (Yanni)
https://wa.link/rf6aps (Thomas Pui)

 

---

 

Why should you invest in Entomal Biotech?
1. Over the years, Entomal Biotech has proven that the breeding and usage of BSF in cleaning agro-industrial by-products and organic waste  and producing insect protein is not only a profitable business but also one that promotes sustainability and helps in reducing emission gases. 

2. Entomal Biotech has established strong partnerships with both government and private entities, where it has projects which have high scalability potential and are worth RM18mil in the pipeline. Entomal Biotech has also tapped into the global food waste management market currently valued at RM228 billion and is set to achieve a Compound Annual Growth Rate (CAGR) of 5.4% and a return of investment (ROI) of 5X within the next 5 years.

3. Most of all, Entomal Biotech is privileged to have a team of professional and knowledgeable individuals who are experts in their own right and are the major factor behind the company’s success. 

 

 

 

Project Overview
Entomal Biotech is a biotechnology company whose chief focus is on biowaste treatment and insect protein production with the help of an unlikely insect named the black soldier fly (BSF).

True to its mission to promote the concept of a circular economy, Entomal Biotech aims to provide sustainable and environmentally-friendly solutions for a world that is currently facing the challenges of food security, poverty, and climate change.

To do so, Entomal Biotech is building the first-ever mobile waste recycling solution in Malaysia and seeks to highlight and promote the role and benefits of insect farming, where it produces 211 times less carbon footprint compared to beef farming. 

Additionally, it also saves much waste from being sent to the landfill, resulting in a considerable reduction of carbon dioxide (CO2) emissions.

 

 

About the Key Persons

 

Vicas Pui is the founder of Entomal Biotech as well as its Chief Executive Officer (CEO) and Chief Technical Officer. He holds a Master’s degree in Environmental Engineering from UPM and is a registered Professional Technologist in the field of green technology from the Malaysia Board of Technologists. His earlier profession was in the wastewater treatment industry for 15 years.

As for the field of breeding BSF, he came under the tutelage of world-renowned BSF scientist Prof. Jeffery K. Tomberlin in Texas, USA, and became active in studying the insect in 2017 and has never looked back since. 

Among some of his works involving BSF include industrial-scale design and production set-up from breeding to larvae processing, as well as product and process development to enhance operational efficiency and effectiveness in projects across multiple countries such as Malaysia, Singapore, Vietnam, Indonesia, South Korea and China.

He also currently serves as a Research Fellow in the Institute of Tropical Aquaculture and Fisheries at Universiti Malaysia Terengganu (Malaysia) and as Visiting Professor in the College of Pharmacy and Nutrition at the University of Saskatchewan (Canada) on BSF-related research and development projects.

 

 

Thomas Pui serves as Entomal Biotech’s co-founder and Chief Operating Officer (COO), where he holds a Circular Economy and Sustainability Strategies course from the University of Cambridge as well as a Master’s Degree in Economics from UKM. Thomas has also served as a skilled financial planner for several respected organisations such as the Malaysia Financial Planning Council (MFPC) and the Asia Pacific Financial Services Association (APFinSA) for 8 years. He is also an active member of the ESG Association of Malaysia. 

Another co-founder of Entomal Biotech is Yanni Ching, who is also the company’s Chief Commercial Officer (CCO) and graduated with a Master’s in Mechanical Engineering from the University of Sheffield, UK. Her passion for the green tech industry and Sustainable Development Goals (SDGs) was sparked during her time being a committee member in AIESEC, the largest global youth organisation from 2012 to 2016. As the spokesperson of Entomal, she also boasts 8 years of experience in the sales and marketing sector.

 

 

The Story of Entomal Biotech
Today’s world is undoubtedly facing its toughest challenges yet. From the ongoing Russia-Ukraine war to climate change, it has never been more difficult to live a sustainable life than right now. 

When it comes to the aspects of food security and climate change, there are three main issues: 

• agriculture and food waste are releasing greenhouse gases into the atmosphere, causing detrimental damage to our environment, 
   
• a lack of effective and sustainable food waste solutions, and 
   
• increase in the human population and global protein demand, where animal feed production is constantly competing for resources (land, water, & fertilisers) with its human counterpart, thus increasing pressure on the environment in the form of deforestation and soil erosion. 

 

In light of these pressing issues, this is where the humble and unassuming black soldier fly (BSF) comes into the picture. While this insect doesn’t look all too appealing on the outside, it has proven itself to be an extremely vital and effective partner in managing organic waste with its larvae. 

 

 

Within a span of 7-9 days, a teaspoon of baby BSF neonates is able to break down 1,000kg of organic waste and produce 100kg of insect protein along with 200kg of frass (insect excrement). Not only does it save resources in making animal feed and fertilising the soil, it doesn’t do any environmental harm in the process too!

 

Aside from that, BSF larvae have proven to be an effective method in achieving the United Nations’ Sustainable Development Goals (SDG), namely #15 (Life on Land), #13 (Climate Action), #2 (Zero Hunger) and #14 (Life below Water) and well as its net-zero carbon goal by 2050.

 
For further context, here’s how these goals are achieved: BSF larvae help to break down food waste in a sustainable manner, where they consume and digest it, turning it into fertilizer and animal feed that’s more cost-saving and maintains balance in the ecosystem (Goals #13 & #2). Through this very same process, no harm is being done to the environment both on land and water, where living species in these areas are protected from having their habitat destroyed by human activities. (Goals #14 & #15)

How exactly then, is Entomal Biotech involved in this? It is done primarily through its waste recycling solution. Though it looks like an ordinary cargo box, it is actually a magnificent device that has the ability to turn organic waste into products that are profitable and environmentally friendly.

 

In a nutshell, this waste recycling solution is a container that can be placed at any location where organic waste is generated such as hotels, F&B outlets, shopping malls and farms. After the waste has been collected, BSF larvae which are specially bred by Entomal Biotech are placed into the waste to let it “consume” the waste. Once the process is complete, the end result will be animal protein (e.g., whole dried larvae) and frass, where it can be used as animal feed and soil fertiliser respectively.

Not only does it eliminate the need to use harmful chemicals to produce animal and plant products, it also helps city councils and corporations to achieve their net-zero carbon goals in a sustainable manner and make them eligible for tax exemption. 

This is done through carbon credits, a cap-and-trade program where companies are allowed to release pollutants up to a certain limit, which is then reduced periodically. At the same time, unused credits can be sold to another company in need of it. As such, companies are doubly incentivised to cut down greenhouse emissions as they have to pay extra if they exceed the limit, and they can earn money for themselves by selling off extra credits and reducing emissions. 

 

 

Potential to Develop
In line with its vision to expand its waste management services to more corporations, here are the key milestones Entomal Biotech wishes to achieve from 2023 to 2027:

2023 - Entomal Biotech aims to launch 8 units of its waste recycling solution in Malaysia, 2 units in Southeast Asia, 3 additional international projects, and 3 additional distribution channels.

2024 - Entomal Biotech aims to launch 15 more units of its waste recycling solution in Malaysia, 10 more units in Southeast Asia, 3 additional international projects, and 5 additional distribution channels.

2025 - Entomal Biotech looks to launch 30 more units of its waste recycling solution in Malaysia, 25 more units in Southeast Asia, 3 additional international projects, and 10 more distribution channels. 

2026 - Entomal Biotech will be launching 60 more units of its waste recycling solution in Malaysia, 50 more units in Southeast Asia, 3 additional international projects, and 20 more distribution channels.

2027 - Entomal Biotech will release 80 more units of its waste recycling solution in Malaysia, 50 more units in Southeast Asia, 3 additional international projects, and 25 more distribution channels.

 

Funding Goals, Utilisation & Time Frame

 

For this round of crowdfunding exercise, Entomal Biotech plans to raise a maximum of RM1.75 million. 70% of the funds will be used for machinery and facilities for a period of 18 months, 15% will be for new hires for a period of 12 months, 6% for research and development for a period of 12 months, 5% for operation for a period of 12 months, and the remaining 4% for sales and marketing for a period of 18 months. 

 

 

Term Sheet

 

 

Investment Package

 

 

Return on Invesment (ROI) & Exit Plan

 

Entomal Biotech is slated to have a growth of 17x in revenue, where it’s projected to increase from RM1.13mil audited revenue in 2021 to RM19.33mil in 2027. As for its return on investment (ROI), the company aims to conduct a Mergers & Acquisition (M&A) and attain an Initial Public Offerings (IPO), where growth is expected to increase by 5X and a valuation increase from RM10mil to RM50mil, a figure projected in Dec 2022 by Greenwish Capital Sdn Bhd, founded by world-class financial professionals.   

 

 

Contact Us
Entomal Biotech is well on its way to revolutionising the waste management industry and aspires to challenge future generations to rethink current waste management methods.

We at Entomal Biotech also aim to make a difference on a personal level by inviting like-minded Malaysians to join us in this investment programme that protects the future of every human being.

Interested to know more or join Entomal Biotech’s team in bringing a positive impact to the environment and bringing sustainable means of waste management to greater heights? Don’t hesitate to contact Thomas at 016-2183684 or Yanni at 019-7709897 today!