Ruby Violet (RV) creates ice cream flavours, vegan sorbets and iced delights. It asserts that it has grown from a market stall in 2011, to two parlours and an accompanying vintage van, tricycle and trolley, almost doubling its revenue from 2016 to 2019. RV aims to become a contender in the ice cream industry that is worth £1.4 billion in the UK and £44 billion worldwide. It asserts that 90% of the packaging used by the company is either recyclable or compostable. It has featured in press entities like The Times, The Guardian, Vogue and the BBC, to name a few. RV has also collaborated with noted gin company, Gin Mare, creating gin ice cream and sorbet specific to their infused botanicals. RV's clients include Costa Coffee, Nike, McVitie's, and Moet & Chandon. It will use 75% of the investment for capital expenditure, 15% for marketing activities, and 10% for hiring key personnel.
days to go:
Expired
investment:
£357,173
The Sports Edit (TSE) is one of the UK’s fastest-growing eCommerce retailers that sells activewear brands and products, as well as, produces content and events, centred around inspiring movement and mindfulness. It is among Europe’s foremost curators of premium activewear, partnering with 50+ leading brands. The company aims to become a major contender in the womenswear market, forecast to grow 7.7% per annum to $216 billion, by 2024. The company has >45,000 social media followers, a leading gym retail partnership, and seen its online revenues grow over 145% in the first five months of 2020 Year-Over-Year (YoY). For its timely response to customers' queries, TSE was validated by the Feefo Gold Service Award 2020 & garnered a Net Promoter Score (NPS) of 72. The company will use the investment to widen its brand & product range, hire staff for marketing and merchandising, ensure customer acquisition & retention, and launch its deal with Nike in the third quarter of 2020.
days to go:
Expired
investment:
£930,307
Aloha is a barrier-free WiFi hotspot and data-sharing platform. The company estimates that 3.5 billion smartphone users worldwide pay to access the web with many unable to access the internet daily due to technical or financial constraints. Conversely, 67% of smartphone users do not consume all of their mobile phone data available to them each month. Aloha aims to change this scenario. It enables users to get paid for sharing unused data and be rewarded with 'Aloha Tokens' that can be exchanged for cash, bitcoins and exclusive offers from Aloha's partner companies. Business users and advertisers can use the advertising tools in the Aloha application and broadcast offers and promotions directly to a targeted audience within the Aloha community. The company will use 20% of the investment to list the Aloha Token with one or more key Crypto exchange platforms, 15% to expand the application development team, 17% to complete development of the Aloha Marketplace, 20% for marketing and PR, 16% for running monthly costs, 3% for Aloha app upgradation, and 10% as contingency funds.
days to go:
Expired
investment:
£307,707
Asap water crafts have developed an electric power-assisted watercraft for beach lifeguards that blasts the user through the water, for the ultimate adventurer, or for rescue to reach people faster. Their aim is to help lifeguards save more lives. In production and selling worldwide, they have been granted EU Design Registration and have EU & US patents pending. Asap has grown the production setup by making significant improvements - lowering assembly skill level with a modular/practical design. Its goal is to reduce product costs by at least 30%. With the proceeds, Asap will scale with a big marketing push by lowering the manufacture costs and providing the required capital to fulfil orders quicker.
days to go:
Expired
investment:
£154,380
Drone Ag is a UK based farm-oriented research and development company which has created 'Skippy Scout ', a software to make farming more productive through drone automation and AI technology. The software enables drone systems to scout crops more efficiently. This technology has the potential to reduce manual labour, chemical use and costs, and negate yield loss. Alongside completing its AI model, the company has developed an Application Program Interface (API) that communicates with both its app and 3rd party data sources/platforms and further lays the path for future integrations. The company won the 'Gold Future Innovation Award' at LAMMA 2020 and has been featured in over 45 print publications since November 2019. With the investment, Drone Ag will develop future versions of the software, moving towards creating a fully autonomous, integrated drone platform for agriculture using AI.
days to go:
Expired
investment:
£300,220
Homemidwife is an on-demand private midwifery service for mothers during and after pregnancy. Homemidwife cites data arguing that the National Health Service (NHS) in England is short of almost 2,500 full-time midwives. The company also asserts that the freelance midwifery market is still old-fashioned, with NHS midwives struggling for time to advertise their private midwifery service. HomeMidwife aims to change this by making it easier for mums to look for professional and experienced midwives. The company allows users to make appointments for a teleclinic or home visit through its website or app. It will use the funds to improve the functionality of its web portal, scale-up its app coverage in London, and increase recruitment of midwives to 200.
days to go:
Expired
investment:
£61,339
Nexus is a digital platform that empowers users to take control of their health and wellbeing. It states that long-term health conditions like diabetes and cancer will account for over 50% of global health spending by the end of 2021 with depression becoming the leading cause of disability. Nexus aims to address this situation via its app. It argues that its app will offer users health coaching, telemental health, products, and services to transform their lifestyle. Nexus claims that the app can track progress via self-entered user data and is being designed to connect with apps and wearables to inspire life-long behavioural change. Nexus has prepared a pilot for an NHS Trust endorsed by Boston Scientific with a collaboration agreement to roll out the app to 30,000 NHS users. Nexus was one of 100 startups chosen to pitch at the World Business Angels Forum 2020. The Company says that it will use the investment to support Phase 2 of its tech build, grow further in the UK, and start its expansion in the UAE.
days to go:
Expired
investment:
£280,360
NOQ aims to solve the issue of queuing at events by digitising the process and bringing increased sales and profit for event management companies, coupled with data-driven insights. It aspires to capture the UK market share through partnerships with event management companies, food concession groups, PoS (Point of Sale) systems, and WiFi providers. NOQ offers a three-step solution for event-goers namely, pre-order ahead of time, click and collect or deliver to a location within the event. The company also claims that it provides a bespoke solution specific to suit the needs of each event and ensure seamless execution of the same. NOQ has overseen transactions worth £275,000+ on its platform, onboarded 13,000+ active users across iOS and Android, and covered 190+ events in 2020. It will use the investment for hiring key personnel, marketing and operational expenditures.
days to go:
Expired
investment:
£214,393
The Wild Curl (TWC) makes custom-formulated and plant-based curly hair products. The company chooses its ingredients based on research that centers around the composition of curly hair across different demographics. TWC argues that it supports and fights for inclusive beauty standards by empowering women to adopt their naturally curly hair since 65% of women in the world have textured hair. The company claims to have changed the hair journey of 5000 customers globally. TWC has 5,000 customers, 5,600 email contacts and 6,000 followers on social media. The company has earned £100,000 in revenue since its launch and shipped over 5,000 orders to customer’s doorsteps worldwide. TWC will use the investment to expand its product range focused on conditioners.
days to go:
Expired
investment:
£95,689
Auto Lease Compare is a company that uses a web-based platform to provide business services of leasing cars in the UK market. The company is on a mission to transform the growing UK car leasing industry. They are currently operating in a leasing & rental market worth £49 billion in the UK alone. Auto Lease Compare have increased their users to 40,000 on the platform and have also partnered with some of the UK’s leading leasing companies. With the investment, the company will grow its business by revamping and upgrading the website, executing a strong marketing strategy and increasing brand awareness.
days to go:
Expired
investment:
£111,860
