Catastrophic Climate Change Can be Stopped
HiveMind Has Two of the World's Top Ten Carbon Emitters as Clients
HiveMind's technology was developed over twelve years on a hundred sites in the U.S., U.K., and Europe. We believe we are the only proven natural biological method of sequestering CO2, N2O, and other greenhouse gases at global scale vetted by independent third parties. The worlds 7th largest CO2 emitter, Cummins Diesel, adopted our technology in 2017, and Shell Oil ordered their first pilot in 2018 for completion in April, 2019. Shell is covering a gas station in London with a green roof inoculated with our mycelium and are considering HiveMind for global adoption to over 44,000 gas stations.
The Trillion Dollar Drawdown Opportunity
The Drawdown Market is predicted to rise to $35 billion by 2025 and a staggering $100 billion by 2030. The Paris Agreement's first reporting is due in 2020 and many countries and companies are realizing they are coming up short by millions and even billions of tons of CO2 and other greenhouse gases. Even if we stopped using fossil fuels today, the CO2 in the atmosphere would stay there for thousands of years. The only way to make up that shortfall in the time frame available is through drawdown technology.
Traction with the World's Largest CO2 Emitters
We are in talks with dozens of governments, corporations, and utilities including IKEA, the Welsh government, the Crown Estate (they control the British Royal Families' land holdings), AFL Architects, CBRE, VERRA, South Pole, and too many others to list to adopt our mycelium technology at global scale.
What's Next: Introducing NetZero Retail Brand
We are launching a retail brand, NetZero, that allows Americans to sequester their carbon footprint in their lawn, garden, or urban lot. It will be launched in June, 2019 and an investment in HiveMind will also fund our launch and scale up of NetZero.
HiveMind develops proprietary blend of carbon capturing mycelium species for Chicago Green Roofs Program
HiveMind competes and wins against 120 other companies to help Cummins drawdown 16.5 million tons of CO2.
Europe's number one industrial process, EEVS, verifies HiveMind's technology.
Shell Oil orders its first pilot for a green roof inoculated with our mycelium in London.
How We'll Use the Funds Raised
We will use funds from this raise to accomplish three key tasks vital to scale for the regional rollout for Shell in the UK. That rollout will gross us $600,000 and net $280,000 in 2019. It will also position us to be considered for global adoption by Shell to over 44,000 gas stations worldwide.
1.) Stockpile enough mycelium from laboratories to complete the Shell U.K. rollout and get us to cash flow positive. We will also develop a blend that can be deployed in tropical environments.
2. ) Complete key hires such as putting our mycologist, soil scientist, and climatologist on retainer instead of hiring by the hour. Also hire a dedicated sales person, redesign both our corporate and retail websites, and hire a social media manager.
3.) Bring mycelium production in house with our own laboratory giving us better returns on our R & D, lowering our costs, and giving us greater control over our intellectual property rights.