Kestrl is a mobile app based on the principles of Islamic banking. It aims to cater to the over 1.9 million British Muslim community to invest in the UK in line with their religious beliefs. Consumers can avail a host of financial services from finding interest-free savings accounts to taking out a mortgage. The company raised a £135,000 pre-seed round from C-level Islamic banking professionals in January 2020. It also launched its application on Google Playstore and App store in September 2020. Kestrl is working on launching an equity-based home purchase product soon. It also aspires to expand to Malaysia/Indonesia by white labelling with established retail banks and utilising its 'inside knowledge' of the region. It will use 39% of the investment towards platform up-gradation and tech team expansion, 20% towards hiring personnel across various departments, 19% for maintaining agency license fees and acquiring its own regulatory permissions, 8% in marketing, and 14% towards ancillary costs.
days to go:
Expired
investment:
£194,502
Pass the Keys is a leading short-let tech platform operating in 20 cities across the UK. Till date, the company has hosted 30,000+ guests and earned £15 million for its hosts. The company lists a landlord's property on appropriate portals, finds relevant guests for an event or function, looks after their needs, and even takes care of cleaning up the venue after an event. The company's end-to-end technology automates the majority of the tasks such as job scheduling, invoicing, calendar syncing, and pricing with reliable support staff ready to assist with any eventuality. The company has achieved good ratings on Google reviews, Trustpilot and Glassdoor. The company will use 50% of the investment to expand its franchise, 30% for product development, and 20% for training personnel and supporting infrastructure.
days to go:
Expired
investment:
£1,069,632
Mami Wata (MW) is a purpose-led, premium African surf lifestyle brand on a mission to redefine the global surf market. MW asserts that it has collaborated with global luxury brand, Moncler, and partnered with renowned stockists including Mr Porter and Huckberry. It aims to be a contender in the $9 billion global surfing market. It has also shipped 1200+ copies of its AFROSURF art book to 39 countries along with funding a surf therapy clubhouse in Harper, Liberia. MW has sold products to 7,500+ customers generating more than £400,000 in revenue to date. The company has featured in global media entities such as CNN, GQ, Wallpaper, Monocle, and HypeBeast. MW will use the investment for its international launch in the USA.
days to go:
Expired
investment:
£1,145,799
Rebel Energy (RE) is an energy supplier on a mission to address inequality and provide everyone with easy access to clean and affordable energy, to eventually eliminate fuel poverty. RE claims that fuel poverty led to 16,500+ cold-related deaths in the UK in 2018. RE argues that as the UK home electricity market enters a phase of growth in a post-COVID world, it will be focused on offering reliable customer service and develop strategies that help people who are struggling with their electricity bills. The company has applied for a B Corporation accreditation. RE asserts that its customer support systems are automated and can handle multiple queries simultaneously. It plans to offer a weekly direct debit payment option. RE will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£503,810
Ring Powercraft is a designer and manufacturer of sports boats and rigid-hull inflatable boats (RHIBs). The company's product offerings is backed by robust infrastructure, practical design elements, and a naval architecture team, all of which, are leveraged to produce sales across the commercial, leisure, adventure and defence sectors. In 2018, the company celebrated its 50th anniversary. The company has, under Cetus Holdings Limited since 2019, ventured into securing defence contracts. It has also tied up with marine exploration company, Arksen, to create adventure vessels since January 2020. The company is seeking investment to procure tenders for various users such as the ministry of defence, police forces, and the United Nations.
days to go:
Expired
investment:
£202,818
Baanx is a B2B2C mobile banking platform offering cutting-edge services in remittance, spending & blockchain. The company takes pride in its innovative customer acquisition process through partner communities. The BaanxCL already has a CL™ VISA Debit Card, Crypto-Payment Gateway, a Crypto-Exchange, Stablecoins, and other exciting features. The company is also partnering with new brands around the world which are not banking already but have large user communities to connect. The company is aiming to target 100,000 users by Q2 2020 with the assistance of Super Seed Investors. With the proceeds, Baanx will hire additional team members, spend funds on marketing, and launch services in South America and Asia.
days to go:
Expired
investment:
£658,200
HubrisOne is an online platform that allows its global customers to exchange, invest and safely store their crypto assets, tapping into a $500bn+ global digital asset market. Their aim is to simplify the world of digital currencies and blockchain technology by focusing on product design, user experience, and consistent innovation. Till date, they have engaged over 100,000 members and started generating revenues since its launch in July 2019. The funds will be used in product development, expanding the team, salaries and marketing.
days to go:
Expired
investment:
£903,990
Bazar is the UK’s first dedicated ethical marketplace and lifestyle application. The company intends to disrupt the ~£32.8 billion UK consumer marketplace by creating a platform where eco-friendly businesses can thrive, and consumers can trust brand values. It brings curated ethical and eco-friendly brands, artisans, and items under one portal. BAZAR soft-launched its application with 35 sellers and 650 products in the COVID-19 lockdown which doubled showing positive seller demand. The app saw over 1800 downloads with early sales. The company has a social media presence with over 1500+ Instagram followers. It intends to enter the US market in 2022, followed by Europe. Bazar will use the investment to continue to develop its technology to help sellers grow their business and give buyers an intuitive shopping experience on the app.
days to go:
Expired
investment:
£208,368
Feastr is a UK-based multi-brand cloud kitchen business that delivers restaurant-quality food to a customer's doorstep in 30 minutes or less. The company asserts that operating from cloud kitchens within densely populated areas allows it to exploit the booming food delivery market without the huge overheads associated with bricks and mortar restaurants. Feastr operates its restaurants on aggregators such as Deliveroo, Uber Eats, and Just Eat, capitalising on their huge ready customer base. The company has had sales of over £550,000 since its launch in November 2019. It will use the investment to open three new locations, push its digital marketing campaign with new ideas in 2021, and prepare for its next round of fundraising.
days to go:
Expired
investment:
£346,487
Aqua British (AB) manufactures and sells premium English spring water in its patented 100% biodegradable water bottles. It asserts that millions of plastic bottles are ending up in landfills. AB aims to be at the forefront of the fight against plastic pollution, offering an alternative to PET, RPet, cartons and cans. It argues that its water bottles, caps and labels are made up of 100% sugarcane residues, are 100% recyclable and 100% compostable. AB also points out that its spring is fully equipped with solar panels to keep carbon emissions neutral. The company supplies water to renowned entities such as Hotel De Paris Monaco, Hotel InterContinental and South Kensington Club, West Ham United Women Football Club, Thermes Marins Monte Carlo, GreenBay Supermarket, and Compass Group Airbus France, amongst others. It will use 80% of the investment towards expanding its brand and distribution inside and outside of the UK, and 20% towards marketing and distribution channels.
days to go:
Expired
investment:
£216,195
