ZoomEV is a company that aims to be a 'Mobility as a Service' (MaaS) provider by combining the Electric Vehicle (EV) and Vehicle Sharing (VS) markets to combat climate change. The company provides services such as EV sharing, EV insurance and EV Driver Benefits Bundle. EVs will account for 57% of new car sales by 2040 and the UK sharing economy would see a 20 fold increase to £140 billion by 2025. ZoomEV aims to be a strong contender in this segment. The company has partnered with organisations such as BP Chargemaster, EO Charging, SSE, and Q-Park. It also has global franchised motorcar dealership Jardine Motors Group to boost its growth. Zoom will use the investment to scale its business by accelerating marketing activity in core areas, employ sales personnel to target the EV sales/leasing sector and build its app.
days to go:
Expired
investment:
£278,678
Auddy is on a mission to build a data-driven podcast publisher for mainstream audio podcasts from top producers. The company points out that 1 in 5 people listen to podcasts in the UK, with over 50 million episodes published each day. Auddy stresses that this creates significant competition and confusion for the podcast producers, with many great podcasts going unnoticed due to a lack of editorial, promotional, and commercial support. Auddy intends to change this. The company guides a creator’s show from birth to distribution and advertising sales, helping creators make money via royalty shares. Auddy claims to use data to research shows that need to be broadcast. It fine-tunes the show for editorial and commercial advantage. Auddy points out that its podcast catalogue witnessed 5.5 million UK downloads. It wants to become a contender in the £7 billion podcast industry and has featured in press such as the Telegraph, Financial Times and The Guardian. The company states it will use the investment to become a data-centric publisher for its producers and customers alike globally.
days to go:
Expired
investment:
£681,371
Avida Global (AG) is a Business-to-Business (B2B) producer of high-quality medicinal cannabis oils and derivatives for the global medical, well-being and cosmeceutical markets. The company has a cultivation and processing facility in North-East Colombia. It asserts that the therapeutic properties of the cannabis plant has driven 53 countries to legalise its use, with more to follow. AG seeks to capture this demand and become a contender in the medicinal cannabis market that is expected to soar from $33.1 billion to $84.0 billion by 2028. The company has received regulatory approvals for initial non-psychoactive cannabis cultivation, manufacturing, and export licences in 2019. It is working on a partnership with a medicinal cannabis prescriber through doctors and clinics for the supply of medicinal cannabis strains in the UK. The company will use 40% of the investment to drive revenue growth, 25% as capital expenses, and 35% as additional operating expenses.
days to go:
Expired
investment:
£1,646,249
HaMuch is an online platform that lets homeowners compare hourly rates of local tradespeople and check their availability. The company has provided digital marketing services to businesses such as Travis Perkins, HomeServe, and Rated People. About 200,000 tradespeople have uploaded their profiles on the platform with 12,000+ having uploaded their respective prices. The company has been featured in The Sunday Telegraph, Express, Sun, and Microsoft News.
days to go:
Expired
investment:
£132,850
Service Robotics Ltd is a unique service designed to help older adults live independently in their own homes. This game-changing service offers voice-enabled face-to-face human support through an adorable intelligent Genie robot. The company's roadmap includes IT integration to turn the home into a cocoon of wellness, health, and companionship. The company has been actively piloting the GenieConnect® platform solution since 2018. Service Robotics Ltd won its first contract in November 2019 from the NHS/SBRI programme. GenieConnect® has agreed on pilot projects with 3 care and retirement organisations, applied for an Innovate UK grant in March.
days to go:
Expired
investment:
£569,430
SleepCogni combines a handheld device and a Software as a Service (SaaS) platform to help users wind down by collecting physiological, behavioural and environmental data. The company points out that 1 million people in the UK take sleeping pills for insomnia. SleepCogni intends to change this with its product. It claims that its device receives data from fifteen different sensors, providing detailed insights into a user’s sleep struggle to further assist in clinical intervention, including procedures such as CBT-I (Cognitive Behavioural Therapy for Insomnia). The company's initial target sleep clinics are the UK and the US, with the US sleep clinic market estimated to be worth $9 billion in 2020. SleepCogni has eleven granted and four pending patents in various territories, a trademark on the logo and protection of specific handheld trigger hardware. They state they will use the investment received to commercialise their product.
days to go:
Expired
investment:
£577,270
Coinrule is a smart assistant designed for millennials looking to automate their investments in cryptocurrencies, financial assets and build trading strategies without having to program a single line of code. The platform empowers regular traders and investors to compete with professional algorithmic traders and hedge funds. Users can pick 'building blocks' via a simple interface to create trading strategies which also get backtested on historical data. The company aims to make trading an accessible option for all. They have received awards such as MKB Fintech Lab - Cohort 2018, Pioneer 500, and Alpha Startup at Web Summit 2018. Their exit strategy would be a sale to a larger player either in the crypto space (i.e. Binance/Coinbase) or in the traditional brokerage space (i.e. IG Index, Fidelity).
days to go:
Expired
investment:
£160,000
Debtech is a legal intelligence platform that aims to become a global automation portal for every type of finance agreement - from simple mortgages to billion-dollar corporate loans. Debtech has a two-tiered format for its business. Its Tier 1 'Platform' connects finance stakeholders - from lenders and lawyers to CFOs and borrowers - on one single platform so that everyone is in one place for the lifecycle of the agreement. Its Tier 2 'Marketplace' is an 'App Store' of simple, plug-and-play apps where one app automates one manual workflow. The company asserts that the global legal intelligence market would touch £29.5 billion by value in 2026. Debtech cites that its portal allows finance organisations to achieve time savings of over 90% and cost savings of up to 50x compared to conventional offline platforms. The company seeks to raise £150,000 (SEIS) of equity funding to upgrade the platform's infrastructure for Most Valuable Product (MVP) Version 1 within 90-days to create MVP V2, onboard its six early corporate customers for paid trials on MVP v2, and build five core apps.
days to go:
Expired
investment:
£159,512
Lifetise is a financial planning platform that enables prospective clients to plan significant expenditures such as buying a home, marital expenses, child-rearing and retirement. Presently, they have come up with two major offerings: Homefinder and Childminder. The first one acts as a tool that shows money required to afford a home in the UK and the amount of time taken to save the money while the latter helps parents to calculate the costs of childcare along with their work. Lifetise is targeting the 25-40 age group in the UK whose population numbers are approximately 14 million. To date, they have been featured in prominent publications like Evening Standard and Stylist with an active following on Reddit. The company has secured 12,000 customers after their partnering with Accenture's Fintech Accelerator Programme. With the investment, Lifetise will spend more on developing its applications with a focus on all major life expenditures, marketing on social media channels, build partnerships and human resources.
days to go:
Expired
investment:
£254,240
Upside is a financial technology entity that allows its users to earn cashbacks on current purchases so that they can save on their next purchase. The app uses an open-banking-marketing-platform that enables customers to automatically start saving by harvesting upside from their everyday spending and allows retailers to sell more inventory. Upside claims that 11.5 million people in the UK have less than £100 in savings. It aims to solve this problem and become a contender in the cashback segment. Since its incorporation in January 2020, Upside has raised £540,000+ from founders and SEIS Angel Investors. It has also signed-up 700+ consumers as private alpha testers to smoothen the app. The company will use the investment to onboard more retail partners, build out a self-serve retailer platform, build out Upside-as-a-Service Application Programming Interface (API) gateway, and prepare for Seed funding in Q1 of 2021.
days to go:
Expired
investment:
£351,047
