Nuw is a clothes-sharing app and community that aims to empower people to reduce the environmental impact of fashion on the planet. It grew from a community trial at Trinity College, Dublin to an app that is available nationwide across Ireland and the UK. Till date, the company has over 3800 registered users. Nuw has developed a bespoke impact calculator with the London Waste and Recycling Board to accurately measure the carbon, waste and water offset of each share on the app. This information is shared with Nuw members so they understand the positive environmental impact they create by sharing and swapping on Nuw. It has also developed partnerships with UPS and Parcel Motel to offer users a contactless, affordable and convenient delivery option. The company will use 66% of the investment for team salaries, 24% for marketing, 8% for overheads, and 2% for monthly subscriptions.
days to go:
Expired
investment:
£131,219
KegTracker is a company that has launched an innovative Internet of Things (IoT) enabled device that turns kegs into smart containers. The device tracks real-time location, volume, temperature and motion for each keg in order to create reports & insights that enable a sustainable supply chain. The company asserts that a lack of transparency in managing kegs has led to annual industry losses of £1.4 billion+ in theft and spoilage, £1 billion+ in poor distribution, and £500 million+ in suboptimal production and lost containers. KegTracker argues that its device can reduce these losses significantly. The company has developed a working prototype, filed a patent and received letters of interest from leading UK breweries, coffee roasters and Wales National Health Service (NHS). In 2019, the company featured in Startups Magazine and were finalists at FutureFood Awards, London & Partners BGP, and Pitch@Palace. It will use the investment to bring its product to more markets.
days to go:
Expired
investment:
£511,428
Audoo is a technology company that is revolutionising the music royalty industry. The company is working to ensure artists, composers, publishers and labels are fully acknowledged, recognised, and compensated for the broadcasting of their works. This is done through Audoo's 'Audiometer' that captures, analyses, and reports the music broadcasted in public areas, such as shops, gyms, restaurants, and bars. In 2019, the company joined Abbey Road Red, Europe’s first bespoke music & technology incubator. With the proceeds, the company will improve its fingerprinting database and Audio Meter hardware. It will also expand its business development team and technical team.
days to go:
Expired
investment:
£215,417
My VIP Card is a loyalty platform that aims to help people save money when they shop local. The company offers thousands of discounts, cashback and gift cards, encouraging people to support small businesses and the high street, nationally. It has over 2,000 business listings on its website and asserts that its business model caters to the estimated 86% of UK Shoppers that are part of a loyalty program. The company claims that its service is also available as an employee and member benefit for employers with a host of benefits. My VIP Card has won awards such as, 'Entrepreneurial Spirit for the South East' at the Great British Entrepreneur Awards and 'High Business Growth' at the Successful Women Awards. It has also featured in publications such as The Sun, The Telegraph, The Daily Record, and BBC Radio Solent. My VIP Card will use the investment for acquiring more customers and growing its business.
days to go:
Expired
investment:
£84,257
Black Young Professionals (BYP) Network is a company that empowers black professionals around the world to solve the problems they face through economic empowerment and connectivity. The company has grown from side hustle to a 6-figure revenue-generating company with over 40,000 members. BYP allows both members and corporate partners to avail a variety of offerings including webinars/events, blogs, newsletters, podcasts, a social networking app, and job board alerts. The company has about 60 corporate partners including Accenture, Facebook and Soho House. It has featured in publications including BBC, Roc Nation, and Forbes. BYP Network has won the Maserati Top 100 Most Innovative Companies and a place on The Mayor of London’s International Business Programme and London Stock Exchange Elite Program. The company will use the investment to have a user base of over 500,000 black professionals with 2% on its premium model in the next 18 months through marketing, scale its leadership, sales, and content teams, and improve its current technology platform to make it more intuitive.
days to go:
Expired
investment:
£853,982
Doctorpedia is the home for online doctor-approved videos and resources a user needs to improve his/her health and wellness. The company claims that the portal is one of the world's largest networks of over 1,900 medical websites with doctor-led videos, content, and product reviews. The company aims to be a significant contender in the projected £7.36 billion healthcare digital advertising market. Doctorpedia has raised £2.5 million, holds a collection of 2,000 videos, and referral links to 50,000 health products on its portal. The company has witnessed over 5 million video views on Facebook. Doctorpedia will use the investment to grow its portal via doctor subscriptions, sponsorships, cost-per-click and affiliate marketing.
days to go:
Expired
investment:
£322,762
TellJO is a company that comes with a mission to help 25M people of the UK who are susceptible to vulnerability. The company's TrustTech platform 'TellJO digital' is an intermediary between businesses and their vulnerable customers. TellJO has been utilised by 3 companies, and it is supported by Bethnal Green Ventures. The company is looking forward to developing "Team TellJO" that will help it achieve sustainable but rapid growth. With the proceeds, the company is looking forward to scaling its 1st to the market solution and develop the TellJO team.
days to go:
Expired
investment:
£82,290
eDrinks is on a mission to help the hospitality industry harness the power of technology and social media. It has come out with digital drink tokens redeemable in partner pubs and bars. Users can gift and receive the tokens from friends, family or even a stranger and redeem them in pubs and bars using the 'MyRound' app. eDrinks has acquired over 2000 users over 1.5 months through organic social marketing, of which, 1011 are active ones. It has also availed the Commercial Partner Membership (CPM) of the British Beer & Pub Association (BBPA). The company is also developing its proprietary 'Bar Tab' redemption app to make it easy for independent venues to scan and redeem eDrinks contactless. eDrinks will use the investment to create marketing campaigns, app development, and hiring personnel.
days to go:
Expired
investment:
£116,195
Hinterview is a technology entity that has come up with a video platform that enables professional recruiters to engage and communicate more effectively with their target audience. The company believes that 'remote is the future of work', accelerated by COVID-19, that will drive more interest in their technology. The company asserts that its technology can aid agency, in-house or even college & campus recruitment drives producing satisfactory engagements between recruiters and job seekers. The company is white-labelled, ultra-secure, and cloud-based with General Data Protection Regulation (GDPR) compliance providing data privacy & security protocols to its clients. The company has 61,000 users active on its platform with 230+ active contracts. It will use the investment to further develop its sales and marketing functions and build departments internally as its business scales both in European and global markets.
days to go:
Expired
investment:
£421,505
Magnetto intends to challenge the traditional retail business by automating the checkout process and eliminating long queues via its app. The company allows shoppers to scan and pay for goods with their smartphones and skip queues using smart gates. The app also claims to facilitate indoor navigation with product locators and allows users to avail loyalty schemes. Magnetto asserts that the commercial rollout of its app has begun with the company planning to develop fully automated stores for one customer with its hardware partner, Modern Expo. Magnetto was nominated for an award at the London Smart Retail Tech Expo. The company intends to become a contender in the retail automation market that is projected to reach $23.58 billion by 2026. Magnetto aspires to connect fully with retail giants like Amazon and Sainsbury's and help them experience automated retail sales seamlessly. The company state it will use the investment to develop new features, grow its team and acquire more customers.
days to go:
Expired
investment:
£220,431
