Pitching to Investors

Advanced English listening exercise · Product Presentations

Transcript

Good morning, everyone. Imagine a world where food waste no longer exists. Our company, FreshTrack, is making that vision a reality. The problem is massive: one third of all food produced globally is wasted, costing the economy nine hundred and forty billion dollars annually. Our solution is an IoT sensor platform that monitors freshness in real time across the entire supply chain, from farm to store shelf. Our sensors detect temperature, humidity, and ethylene gas levels, predicting spoilage up to five days before it happens. We have already partnered with three major grocery chains, reducing their food waste by twenty-two percent. We are seeking two million dollars in Series A funding to expand into European and Asian markets. Our projected revenue for next year is eight million dollars with a clear path to profitability by year three.

Comprehension questions

1. How much food is wasted globally?
2. How much funding are they seeking?
3. What is the name of the company mentioned in the transcript?
4. How many major grocery chains has FreshTrack partnered with?
5. What is the projected revenue for FreshTrack next year?

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