NGX is a nutrition company that claims to have made the world’s first genetically personalised nutrition-shake, backed by nutritionists and scientists. The company is in the process of filing a patent for its product. It asserts that recommended food guidelines are based on population averages that are generic and not suitable for achieving optimum physical, mental fitness and health. NGX claims that its customer-specific products are trustworthy as they are made based on a DNA Nutrition Test (DNT) that is unique to a person. The company is operating in the $87 billion fitness market and aims to be a major contender. NGX has sold 30,000 NGX meals since its launch in 2020, collected data on over 5,000 genetic variations, and created proprietary gene-nutrition matching algorithms. It was a finalist in the 2019 British Business Awards (Health & Wellness) and has featured in publications like Glamour, Men's/Women's Health amongst others. The company will use the investment to support customer acquisition activities, team expansion, product supply, and brand partnerships deals.
days to go:
Expired
investment:
£294,934
Occuity seeks to develop revolutionary non-invasive screening and monitoring devices for chronic diseases like diabetes and Alzheimer's. It argues that its device safely shines a low power beam of light into the eye and then collects and analyses the return signal to accurately measure structures within the eye and detect changes associated with the onset of the aforementioned diseases. Occuity is targeting three distinct markets, namely Ophthalmology, Disease Screening and Disease Monitoring, which is worth an estimated $35 billion per year. It claims that its 'Occuity Indigo' product enables earlier detection of diabetes and provides a non-contacting, pain-free glucose monitor. Occuity was awarded over £1.5 million as part of the Innovate UK grant for the development of technology within Occuity Indigo. It has also signed a partnership with one of the UK's leading ophthalmic distributors, Birmingham Optical, to distribute its PM1 pachymeter device. It states it will use 42% of the investment towards Research and Development (R&D), 23% towards sales and marketing, 20% towards management and finance, 9% towards managing CAPEX and NRE, and 6% towards paying fees.
days to go:
Expired
investment:
£2,854,857
Oneskee is the one-piece snow brand that aims to re-ignite a forgotten product category. Oneskee asserts that it successfully navigated its way through the COVID-19 pandemic recording £500,000 in online revenue with 25% online growth in the 2020-2021 financial year. It has sold 10,000 suits across 79 countries since its launch and aims to become a contender in the snow brand industry that is growing more than £1 billion each year. The company has partnered with Olympic athletes, GB Snowsport, Folie Douce, and Snowboxx and received media recognition from the likes of BBC, Vogue, InTheSnow, The Telegraph, The Independent, and Eurosport. Oneskee is also continuing its work on its patent-protected Acclimate technology and kids collection which it intends to launch in 2021. Oneskee will use the investment to accelerate the roll-out of its successful online blueprint to all ski countries and create a dedicated resource for B2B sales.
days to go:
Expired
investment:
£215,618
OXTO Energy is an energy storage technology provider that intends to transform the way energy is stored. It claims to have developed an innovative energy storage flywheel technology made using 100% recyclable steel, having a low cost of operation, and being easy to manufacture. It argues that it has secured approximately £1.7 million worth of revenues through contracts for 2021 in UK, Kenya, and France, to name a few. It also aspires to become a minority partner of large infrastructure projects by offering its units at a discounted rate, guaranteeing a consistent revenue stream while increasing profitability throughout the project. It wants to dominate the estimated £70 billion energy storage market. The company states it will use 25% of the investment to grow its team, 60% for project delivery, and 15% towards growth and commercialisation of its business.
days to go:
Expired
investment:
£635,493
Ubiqutek is pioneering the use of electricity in the weed control market.
http://ubiqutek.com/
days to go:
Expired
investment:
£133,065
Love Ocean (LO) is an ocean-inspired bathroom product brand on a mission to make natural marine ingredient products. It intends to eliminate single-use plastic in the bathroom and drive a 'Reuse & Refill' (R&R) culture. LO aims to become a contender in the adult and kids toiletries market that is worth £750 million in the UK alone. LO is launching a children's product range that consists of a whale tail-shaped bottle made from 100% post-consumer recycled plastic, designed to be reused and refilled via a quarterly subscription. LO asserts that it contributes to the Plastic Bank, by selling its products to consumers, to further the removal of 1 kilogram of ocean-bound plastic in Haiti, the Philippines and Indonesia. The company is planning to launch a baby range in 2022, an adult range in 2023, and a youth range in 2024. LO will use the investment to create educational editorial content to eliminate ocean-bound plastic by building an engaged community.
days to go:
Expired
investment:
£193,991
FloatWind manufactures mass-produced floating offshore wind turbines. It seeks to disrupt the £20 billion offshore wind energy market. The company argues that conventional offshore wind farms, installed at sea, use expensive and slow installation methods that are also dangerous to the marine environment. It further stresses that the high cost of installation is often borne by the consumer. FloatWind asserts that its business model is different. The company claims to build its products on land and then floats its ready-to-float turbines out to sea. The company points out that this reduces environmental damage, substantially reduces costs, and makes offshore wind energy cheaper. FloatWind was selected for a 6-month UK Innovate Edge business mentoring programme and appeared for SetSquared Business Mentoring Seminar in May 2021. The company has 3,000+ followers on LinkedIn. FloatWind states it will use the investment for product development, expanding its team, IP protection, promoting marketing and PR, and boosting its manufacturing capabilities.
days to go:
Expired
investment:
£311,497
Planks Clothing (PC) is a British clothing brand that creates eco-conscious outerwear for skiers. The company is an omnichannel brand that sells Direct-to-Consumer (DTC) via its website, through its Val d’Isère store and other retailers like ASOS, Surfdome, EVO, and Ellis Brigham. PC uses 'bluesign' approved fabrics and incorporates 'REPREVE' recycled yarns into 68% of its products having recycled 1.5 million waste plastic bottles. The company had a turnover of £1.85 million between May-June 2020. PC has a growing community of 27,000+ customers that are a part of its Grassroots Tour initiative. Its loyalty platform, 'The FUSS', allows the brand's best customers to complete missions, create content and become brand advocates. The company will use the investment to continue international DTC expansion by improving customer experience in target markets via website localisation and digital marketing and sustain Business-to-Business (B2B) growth via integrated marketplaces.
days to go:
Expired
investment:
£939,427
Photocrowd is a photograph community that connects photographers with one another. It also provides a platform for these photographers to earn money from their best photographs. Photocrowd currently have 31,000 members signed up in 166 different countries.
days to go:
Expired
investment:
£595,620
Plumen are aiming to persuade people to use energy efficient lighting by creating beautiful bulbs. To date, Plumen have expanded the business and funded R&D using their own sales. However now they are looking to expand. Plumen are seeking investment to: launch new product ranges, support and grow sales into new markets and develop smart lighting for launch in 2017.
days to go:
Expired
investment:
£695,680
