CakeDrop is a cake scheduling and delivery platform revolutionising office cake culture. The company's products, it claims, helps save office managers' time, brings teams together, and provides a lucrative route to market for local artisan bakeries. In the wake of Covid-19, the company adapted itself to provide cake by post which has proved to be a profitable move with companies wanting to treat staff at home. CakeDrop sells packages of 5, 12, 25 or 50 cakes, which appear as a credit on a customers' online account for them to schedule for delivery as-and-when required. The company delivers its cakes via zero-emission bikes. It has featured in publications like British Baker Magazine, City AM and Business Daily and has witnessed an 84% repeat purchase rate on packages from 2018 onwards. The company will use the investment to improve its marketing campaign, upgrade its platform, hire staff and boost product development.
days to go:
Expired
investment:
£100,621
A premium alcoholic tea company sold in major UK retailers including Harrods and Fenwick, as well as exporting to Germany, China and Hong Kong. NOVELTEA currently has two distinct flavours that are vegan and UK manufactured. The business is in active discussions to take their products to the US, Canada and Mexico, also whilst in conversation with distributors in more than 50 countries.
days to go:
Expired
investment:
£302,130
Sugar Crave is an award-winning treat delivery service that has sold more than 13 tonnes of Pick N Mix in their first year. The company have won the Best Online Business 2019 award with Shropshire Chamber of Commerce and has also seen growth of 4000% in Year 1 to £67,959 with a profit of £27,291. Additionally, from covering 5,000 postcodes, the company now caters to 79,500 postcodes in Yr 1, with the aim to deliver within 60 minutes from order, Sugar Crave is working towards increasing its coverage across the UK by 2022. With the proceeds, the company will increase the range and expand coverage to all 52 major UK towns & cities.
days to go:
Expired
investment:
£131,940
Two Drifters Distillery (TDD) is one of the very few British distilleries that makes rum from raw ingredients, rather than importing and flavouring it. It has worked with Climeworks Direct Air Capture technology to remove CO2 from its products. The company's technique won admirers leading to a boost in sales. Since its launch in 2019, TDD converted existing equipment to increase capacity from 80 bottles per week to an estimated 1800 per week. It has also secured contracts from prominent entities including John Lewis (national and online), Exeter Chiefs Rum and Virgin Wines. The company has an active social media community with 10,000+ followers and also conducts weekly distillery tours that see full attendance from its customers. TDD has also received press coverage from media houses including The BBC, The Telegraph and The Independent. It will use the investment to grow its sales and showcase its product at retail outlets, and bring to the masses sustainably-made British products.
days to go:
Expired
investment:
£286,340
Celo is an app-based insurance provider designed to provide cheaper quotes, faster claims, and a pleasant user experience. We plan to offer insurance cover for motor vehicles, travel, health, and more. Like Monzo and Starling who are disrupting banking, Celo plans to disrupt the insurance industry.
days to go:
Expired
investment:
£142,840
The Wine List (WL) gives confidence to wine lovers through a home wine course. The company argues that 20% of the UK's wine drinkers fall into a cohort that is actively engaged, spend at the higher end of the market, and frequently drink from a variety of sources. But less than 20,000 people don't have the requisite knowledge about different wine styles and tastes. WL aims to change this scenario by offering a home wine course to customers where alongside their wine lessons, they also get two bottles of wine to practice their skills on. The company has shipped 20,000+ bottles of wine and witnessed revenues of £298,000 in April-October 2020. WL is also building a digital content platform that will offer best in class video lessons, with learning quizzes to reinforce knowledge. The company has featured in Metro, Evening Standard, and Courier. It will use the investment to increase content production, wine delivery and scale into 2021.
days to go:
Expired
investment:
£505,494
Trustco Capital is a value-added financial intermediary that acts as a bridge between suppliers and users of capital. Through its investor network, the company supports entrepreneurs and startup enterprises with capital allowing their business to advance further. The company's partnership venture, ‘The Envestry Investment Management Programme’, allows Trustco, as a licensee, the ability to introduce its investor client network and its deals to Envestors and the other licensees leading to a combined investor network of over 6,000+ individuals. This also allows users to view 20 to 30 deals that are mostly SEIS and EIS eligible backed by the Financial Conduct Authority (FCA).
days to go:
Expired
investment:
Withheld
HighCandi is a drone services business that specialises in providing operational support to large companies, for example, in telecommunications and renewable energy sectors. It brings together independent drone service providers under one brand and uses these drones to inspect infrastructure, providing photo analysis, video inspections, and 3D digital models of facilities to help clients manage their assets in an affordable manner. HighCandi’s app, which can memorise and automate inspection regimes, makes sure that each drone delivers consistent imaging and data. The company's aerial videographers are Civil Aviation Authority (CAA) licensed and adhere to legal restrictions wherever they film. The company's strategy is to target 10% ($520 million) of two key sectors, namely The Global Industrial Inspection market and European Real Estate market, by 2021. HighCandi is a potential disruptor in the drone sector which is expected to boost the UK economy by £42 billion. With the investment, the company will start recruitment to drive sales, pilot engagement, and brand marketing.
days to go:
Expired
investment:
Withheld
Muse is a smart, data-driven financial management application which aims to make financial empowerment a reality for all business owners. The app generates clear snapshots of a company’s finances showing all bank balances, and gives quick access to innovative invoice financing and other smart tools. Muse is live on the App Store and Google Play. Moreover, it has partnered with Prime 5 Finance Limited for invoice finance facility. The funds raised will be used to expand the business, sales channels and give an e-money account card in three currencies.
days to go:
Expired
investment:
£339,920
In My Kitchen is a platform that aims to bring together a network of professional and semi-professional chefs to sell their signature dishes and recipes online. The platform was founded in July 2020. In My Kitchen asserts that its business model holds precedence in a time where takeaways have grown in popularity in the UK because of COVID-19. It gives many chefs who have become unemployed or have fewer shifts for developing their creativity and skills whilst allowing them to earn through the gig-economy. The company has a network of more than 70 chefs across London, with backgrounds across a range of cuisines. With the investment received, the company will develop its team and company infrastructure.
days to go:
Expired
investment:
Withheld
