Billon have created a technology that enables zero cost global payments by the use of a simple mobile app. Billon's mobile app allows you to instantly pay for the rest of an article from the Guardian or even donate to your favourite Youtubers with a few clicks of a button.
days to go:
Expired
investment:
£1,406,667
Helping insurance companies tackle fraudulent claims by using a combination of blockchain and artificial intelligence. BlockClaim aims to reduce the time spent by car insurers processing false claims, by performing data calculations on a driver and their driving behaviour. This information is fed into the BlockClaim system, which produces a fraud probability risk score.
BlockClaim's technology has been piloted by large insurance firms such as Admiral and Generali. The company's tool consists of a plug-and-play module that is integrated into existing systems used by insurance firms. Revenue is generated via a fixed fee per claim processed via BlockClaim’s product, as well as an initial set-up fee.
days to go:
Expired
investment:
£400,011
Carnot is developing hydrogen engines with key components manufactured from ceramics able to withstand fuel combustion temperatures, eliminating the need for cooling systems and doubling the efficiencies of modern engines. The company argues that modern engines waste on average one-third of fuel energy to cool systems that stop metallic components from melting. Carnot claims that its engines eliminate this waste doubling efficiency, halve fuel costs and CO2 and achieve net-zero operation by operating on biofuels and hydrogen benefiting the long haul transport, marine and primary off-grid power markets. Carnot has raised over £600,000 including a pre-seed round in 2020 for £357,000 at a pre-money valuation of £2 million, a £300,000 Innovate UK grant and another £300,000 Eureka Eurostar’s grant. Carnot has a 5-year, 3-phase exit strategy and will begin licensing its IP at the end of 2023 at which point it will begin generating revenue. It will eventually look for acquisition from one of its manufacturing partners in 2025 after demonstrating industry acceptance of its technology.
days to go:
Expired
investment:
£262,500
Cyance is an award-winning marketing technology pioneer. Nexus is a software platform designed by the company to track the buying behaviour through billions of computers belonging to millions of businesses across the globe. This platform can track the consumed content and identifies customer interests and needs. The company's customers typically generate x3 more leads and x4 more sales. With the proceeds, Cyance will increase its marketing sales and improve product development to fund the general working capital.
days to go:
Expired
investment:
Withheld
Metal matrix composite components and materials, primarily comprised of aluminium for use in the engineering and manufacturing industries. Alvant specialise in designing, developing and producing the composite for well-known clients such as Ford and Safran.
In the last financial year, Alvant achieved a turnover of almost £617k and has invested more than £10m towards manufacturing and testing their own product. Alvant is now raising funds to distribute their components to a wider market and expand the number of commercial applications that would benefit from their materials.
days to go:
Expired
investment:
£2,105,001
Ensuring an organisation's activities are compliant with key regulations. Evidology is a software program that can be easily integrated into a business's existing infrastructure. The software will check the business's data against more than 40 local and international legislation's and provide a real-time report to management that will highlight whether the business is following compliance, or not.
Evidology's revenue model consists of a 3-year subscription package, in the form of a standard, or enterprise-level product. The company has tested their software within nine businesses, including HSBC. Evidology has predicted to break even as soon as 15 months, based on selling their product at a modest rate of 3 clients per month.
days to go:
Expired
investment:
£50,003
A fully integrated, end to end platform that enables real time situation and work force management, for the private security industry. It ensures regulatory compliance and real time reporting for security operatives. FalconDHQ is addressing a gap in the market to modernise the current paper based process.
days to go:
Expired
investment:
£415,000
Based in Kent, Folc is an English Rosé wine producer. They distribute through their website, wholesale and trade stocklists including in the first-class cabin on Virgin Atlantic. Sourced from family-run growers, the company has won multiple awards including IEWA Gold and the prestigious Star of Kent.
With over 18,000 bottles sold, all packaging is 100% recycled or recyclable with the bottles made from 94% recycled glass.
days to go:
Expired
investment:
£260,000
Go In Store is a first person shopping experience that allows online visitors to experience a store as if they were in the store. Customers can engage with a retail associates in real time. They intend on using new technologies to bring this human to human virtual shopping experience to life.
days to go:
Expired
investment:
£275,852
GreenPiP produce sustainably sourced, green packaging for the packaging market. Their packaging will be made of just one material and therefore it is easier for the agencies that deal with recycling once it has been discarded.
days to go:
Expired
investment:
£105,000
