KLORIS manufactures and sells premium Cannabidiol (CBD) wellness and beauty products. The company follows a Direct-To-Consumer (DTC) model and has garnered over 1,400 loyalty club members achieving a conversion rate of over 3.4%. KLORIS asserts that this has allowed the company to build brand loyalty and respond quickly to customer needs while maintaining high gross margins. The company has procured over 20 Stock Keeping Units (SKU), is listed in leading retailers like Boots, Selfridges, Amazon Prime, Mankind, and Lookfantastic, and has signed spa treatment partnerships with BVLGARI Spa, Cloud Twelve, and others. KLORIS has earned over 120 reviews with an 'Excellent' Trustpilot rating and was shortlisted for 'Best Wellness and Self-Care Brand' in the Sunday Times STYLE Beauty Awards 2021. The company will use 40% of the investment for PR and marketing, 35% for hiring key personnel, 16% for New Product Development (NPD), and 9% for hosting events.
days to go:
Expired
investment:
£334,396
Power Transition (PT) is a specialist cloud-based software & hardware platform that enables every participant in the energy sector to dynamically track, optimise and balance their energy in real-time and at any scale, from micro-grids to national grids. It is currently focusing on the UK residential & commercial market that consists of 1.25 million meter readings daily, focussing on £1.5 billion of customers’ funds annually, and ensuring steady and reliable management of interconnections throughout the UK. In 2018, the company raised seed funding, matched by Innovate UK, which in turn is being used, to develop and deploy its technology in 47 homes in Corby. The company is implementing its PT integrated microgrid as a 'Service Platform' in houses in Corby using its Distributed Ledger Technology (DLT) Network. With the investment, the company plans to roll out its platform beyond the microgrid use case and is talking to commercial estates, local authorities, Distributed Network Operators (DNO), energy aggregators, and producers.
days to go:
Expired
investment:
£266,530
Propelair is a company that has developed the world’s lowest water-flush toilet system. The toilet uses air to propel 1.5 litres of water per flush, saving water when compared to 6-9 litres per flush for conventional toilets. The company has installed nearly 4,000 units in the UK and South Africa. They were awarded the prestigious Horizon2020 grant in 2017 to develop new innovations. It has also been featured in publications such as The Daily Telegraph, London Evening Standard, and The Times. The company will use the investment as working capital and stock acquisition funds to enable growth, in the UK and South Africa and launch into other water-stressed markets like the Middle East, Australia, Hong Kong, and Singapore, and introduce its 'Smart Connected Toilet' to the market.
days to go:
Expired
investment:
£1,236,245
Symmetrical Power has developed an innovative solution that addresses the issue of energy wastage. After identifying the inefficiency of the 3 Phase Electrical Distribution Boards, Symmetrical Power is creating the ‘Intelligent Distribution Board’ (ID Board). It aims to prevent the challenge of peak demand whilst saving on energy bills. The working model of the product also received positive feedback from electrical specialists. Additionally, Symmetrical Power was also a Shell Springboard regional finalist (2018) for its new low-carbon ideas. With the proceeds, the company will complete design & begin distribution in Europe and to position itself as the go-to Distribution Board provider.
days to go:
Expired
investment:
£233,600
SMARTR Health Limited, also called Celsium, is a medical technology company. It has developed the world’s first medical-grade device that continuously measures core temperature, both accurately and non-invasively, through a combination of a wearable sensor and a smart platform. Intended for use in the formal healthcare sector, as well as at home, it has been classified as a CE Class 2A medical device in the EU and as an FDA 510K medical device in the US. In a clinical study, conducted in collaboration with Boston Children’s Hospital and Cleveland Clinic, the company's product showed promising results 10-20 times more accurate than current devices. Celsium has experienced a surge in demand due to Covid-19, where fever is a key symptom. This, the company argues, is a perfect time to accelerate its business plan.
days to go:
Expired
investment:
Withheld
Classlist is a school community application used by parents to link up, organise events, and share recommendations. The company argues that messaging tools like WhatsApp can pose security risks, become cliquey, or turn negative. It aspires to change this situation via its app. Classlist asserts that its portal creates buzzing parent communities that lead to better pupil outcomes. The company points out that it is the UK’s biggest school-parent community app with over 300,000 users. Classlist has 15,000 volunteer-led school ambassadors. Its core business model is ad-funded, offering advertisers school-by-school access to a UK family market. The company's one-stop community management platform achieved global recognition at BETT’s 2018 trade fair. Classlist claims to have acquired schools in 14 countries from Singapore to New York with negligible marketing amidst heavy competition. Classlist will use the investment received to develop premium services and extend its leadership positions in the UK and global markets.
days to go:
Expired
investment:
£975,830
The Ethical Butcher (TEB) is a premium, sustainable and ethical online butcher on a mission to spearhead the craft meat revolution. It has partnered with farmers who practise regenerative agriculture and supplies premium quality meat to the restaurant industry throughout London. TEB claims that its meat is 100% pasture-fed and free from hormones and antibiotics. It has served 10,500 orders to 5,000 customers. TEB generated £789,000 in revenue and £141,000 in profit in 2020. TEB asserts that it has an ‘Excellent’ rating on Trustpilot, featured on news entities such as The Telegraph, The Times, and BBC Good Food, and claims to be the first and only online Pasture-Fed Livestock Association (PFLA) certified butcher in London. The company points out that it has 478,000 website visitors and intends to use the investment to accelerate the growth of its B2C business and scale its meat production.
days to go:
Expired
investment:
£1,592,648
Invisage is a cloud-based platform that helps asset managers optimise their performance and research costs by identifying the true value of investment research. The company asserts that Directive 2014/65/EU has led to the investment research market falling from $16.5 billion to $14 billion as managers look to reduce costs and increase value. Invisage asserts that its platform helps asset managers identify, objectively measure ‘value’ added by research, and consume only high-impact research. The company also offers a web-based research consolidation, valuation and attribution solution that gives a quantitative assessment of value added by research to client portfolios. Invisage will use the investment to enhance deep learning-based Natural Language Processing (NLP) models that detect the implicit ideas from research narrative, build partnerships with data providers and other solution providers, and market scale its sales function
days to go:
Expired
investment:
£75,000
Wellbeing Sisters (WS) is a company that offers wellbeing advice, hosts an online shop, and sells a subscription box full of toxin-free health, beauty, and nutritional products by and for women. The company first launched its subscription box in 2019 for women trying to conceive. WS witnessed a sell-out of its series of one-off boxes tailored towards conceiving, pregnancy, early motherhood, midlife and menopause in 2020. WS aims to be a contender in the UK subscription box market that is set to be worth £1 billion by 2022. The company asserts that it has organically grown its social media following consisting of over 5,000 supporters. It will use the investment to invest in technology, product development, and marketing/PR.
days to go:
Expired
investment:
£153,394
CatchApp is a scheduling software that aims to fulfil the scheduling needs of Small and Medium Enterprises (SMEs), professionals, and enterprise users. CatchApp has 15,000 users using its application. It has featured in the US 'Appstore's' home screen and selected by Apple as 'App of the Day'. CatchApp is used by organisations like Microsoft, CERN, PwC, Harvard, and NHS. Calendars from Google, Apple, and Microsoft Outlook are compatible with the software. The business productivity software market will grow from $98 billion in 2018 to $106 billion in 2021, and CatchApp aims to be a major contender in this segment. The company will use the investment to build up marketing, business development and technical teams, accelerate revenue from SMEs via the company’s newly-launched Software as a Service (SaaS) product, launch CatchApp Enterprise solutions, and global partnerships.
days to go:
Expired
investment:
£832,102
