Rnwl is aiming to be the first ever over-the-top insurance platform. The company asserts that conventional insurance companies rely on a lead generation business model that is archaic and inefficient. These result in a customer's insurance options becoming an expensive and time-consuming affair. Rnwl is endeavouring to simplify this. Users can enter their credentials and requirements on the Rnwl website. The company will analyse the market and suggest the best deals for the user. Rnwl has been accepted into the Financial Conduct Authority (FCA's) Innovation Hub. It will use 74% of the investment in human resource, 14% in marketing, and 12% as operational costs.
days to go:
Expired
investment:
£450,366
Sugi is an app that aims to show everyday investors how green their investments are and help them build a greener portfolio via its app. The company asserts that there are over 3 million Do-It-Yourself (DIY) investors in the UK, with over £210 billion of investments and 76% of that number want their investments to have a positive impact. Sugi intends to do just that. Its app combines three key trends namely, ESG investing, Open Finance, and carbon tracking to further green investments. The company has raised £210,000 to date. Sugi connects to a user's existing investment platform, be that an ISA, SIPP, or trading account, and enables them to learn how their investments affect the planet and what they can do to leave an eco-positive impression. Sugi has featured in publications like Reuters, The Times, Good with Money, This is Money, and AltFi, to name a few. Sugi will use the investment to further develop its app, expand its team, and implement its growth strategy.
days to go:
Expired
investment:
£406,157
The SidebySide Partnership is a London based Enterprise Investment Scheme (EIS) Venture Capital (VC) firm. Its purpose is to finance and control the management teams of its investee companies enabling them to become a developed corporate entity. The SidebySide Partnership's focus is on fast-growing technology businesses with £1 - 10 million in revenue. It provides 100% EIS relief on investment with zero initial/ongoing fees charged to investors. The SidebySide Partnership's investment experience of 20+ corporate acquisitions totalling more than $200 million, 20+ private investments, and a rate of interest of 12x over the last 35 years has enabled it to become a dependable platform for upcoming tech businesses. It will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£1,500,000
Equal Health's (EH) mission is to create a healthy organic food brand that makes a difference to the environment and its customers' health. The company wants to become the go-to brand for healthy organic meals. EH uses seasonal organic ingredients which are ethically sourced, cooked and packed in its kitchen by its expert team of chefs. It received its organic status through the UK's leading certification body, The Soil Association. It aims to launch a new range of healthy organic frozen meals. EH will use the investment to focus on digital marketing, increase its kitchen facilities, and invest in New Product Development (NPD).
days to go:
Expired
investment:
£226,598
The world's first alcoholic drinks company adding collagen to spirits with an elegant and refined taste. This unique recipe has stayed true to the principles of a classic gin but with a rejuvenating twist of anti-ageing botanicals such as pink grapefruit, star anise and fresh orange, with the innovative addition of pure collagen. The collagen market is estimated to be worth $6.63bn by 2025. Till now, 27,000 bottles sold, secured over 200 UK stockists including Ocado & Amazon, successful tastings at Taste London, BBC Good Food and appeared in over 300 media outlets including Lorraine, Sky News, Vogue, Daily Telegraph and Sunday Times. With the proceeds, they will launch internationally, maximise untapped UK opportunities and aim to become the leader in the new and evolving collagen markets.
days to go:
Expired
investment:
£26,700
Cook My Grub (CMG) is an online food delivery marketplace that offers fresh and authentic home-cooked food using Artificial Intelligence (AI) and Machine Learning (ML). CMG allows customers to choose their food from options such as vegetarianism, veganism, halal, and gluten-free. Customers can use CMG's app to order food on the same day or pre-order several days or even weeks in advance. CMG points out that it sets up 'Virtual Restaurants' for home-chefs giving them the flexibility to decide when, what, and how much they aim to cook. It aims to be a contender in the £10+ billion UK restaurant delivery market. CMG argues that it has served 1300+ meals across Maidenhead, Windsor, and Slough. It has planned future expansion across London, Reading, Swindon, and Home Counties. The company has featured in publications like BBC Berkshire Radio, Public Sector Catering, Business Cloud, and TechFound. It will use the investment to increase marketing, scale-up operations, and grow its technology teams.
days to go:
Expired
investment:
£685,544
NoshyCircle intends to disrupt the £8.5 billion UK takeaway market by offering healthy home-cooked meals with ingredients and their nutritional value clearly displayed on deliveries. Consumers can use the app to order their meals prepared by cooks in their neighbourhood. NoshyCircle ensures that the cooks are registered with their local council having a food hygiene rating of three or above. The company also strives to make sure that all its deliveries arrive in an eco-friendly packaging and delivery solution. NoshyCircle enables anyone passionate about cooking to register themselves as cooks and start their virtual kitchen. It currently has 20 such people on its platform. NoshyCircle will use the funds to scale its presence to the rest of London by the end of 2021 and expand its social media presence to attract more consumers to grow its business.
days to go:
Expired
investment:
£91,424
Qardus is an ethical and Sharia-compliant financing platform for social impact Small and Medium Enterprises (SMEs) and investors. Qardus asserts that the 3.8 million Muslim community in the UK, and 25 million in Europe, is massively underserved when it comes to accessing interest-free (Sharia-compliant) structures. It intends to change this. Qardus offers up to £200,000 in innovative interest-free business financing to eligible SMEs for tenors of up to 24 months and is Financial Conduct Authority (FCA) approved. Qardus points out that it has provided over £250,000 in financing to some high social impact SMEs during the COVID-19 pandemic, maintained a 100% track record with a 0% default rate to date, and featured in media entities like Sifted, Islamic Finance News, Peer-to-Peer Finance News, and Fintech Futures amongst others. It will use 30% of the investment on marketing costs for acquiring SMEs and investors on its platform, 60% on growing its team, and 10% on obtaining additional licenses to expand its services.
days to go:
Expired
investment:
£313,009
CakeDrop is a cake scheduling and delivery platform revolutionising office cake culture. The company's products, it claims, helps save office managers' time, brings teams together, and provides a lucrative route to market for local artisan bakeries. In the wake of Covid-19, the company adapted itself to provide cake by post which has proved to be a profitable move with companies wanting to treat staff at home. CakeDrop sells packages of 5, 12, 25 or 50 cakes, which appear as a credit on a customers' online account for them to schedule for delivery as-and-when required. The company delivers its cakes via zero-emission bikes. It has featured in publications like British Baker Magazine, City AM and Business Daily and has witnessed an 84% repeat purchase rate on packages from 2018 onwards. The company will use the investment to improve its marketing campaign, upgrade its platform, hire staff and boost product development.
days to go:
Expired
investment:
£100,621
A premium alcoholic tea company sold in major UK retailers including Harrods and Fenwick, as well as exporting to Germany, China and Hong Kong. NOVELTEA currently has two distinct flavours that are vegan and UK manufactured. The business is in active discussions to take their products to the US, Canada and Mexico, also whilst in conversation with distributors in more than 50 countries.
days to go:
Expired
investment:
£302,130
