Benson Hill SPAC Presentation Deck
BENSON HILL
...And Drives Accelerated Growth While Mitigating Scale-up Risk
Step 2
Integrated Route to Market
Value Chain Position
Commercial
Model
Seed
Breeder/
Seed Producer
Farmer
Processor/
Wholesale Supplier
Food/Beverage
Company and
Food Service/Retail
Description
Revenue Source
COGS
Capital Intensity
Source: Benson Hill. (1) Benson Hill Partnership model.
Step 1
Create the Foundation
BENSON HILL
Value-add service
Product sold to customer
Purchase of product prior to value-add
Low
BENSON HILL
BENSON HILL
BENSON HILL
Provide seed and purchase agreement to
farmer, sell final product
Product(s) sold to customer
Purchase from farmers
plus processing costs
Medium
Step 3
Broad Adoption
BENSON HILL
BENSON HILL
(1)
BENSON HILL (¹)
De minimis
Provide the seed, keep portion of upside
to commodity products
Net % of product upside
38
Lowest
(Greatest capital efficiency)View entire presentation