Camptoo is a web application by which travellers can rent a motorhome straight from the owner. Its users can easily rent any of the available 3,000+ vehicles offered in fifteen countries. This company turned motorhome ownership into a revenue-making venture instead of an expensive hobby. More than 50,000 users have experienced travelling using Camptoo, and its number is growing year on year. It was part of the Google Launchpad accelerator program in 2015. Furthermore, in the Netherlands, it was awarded 'most promising startup' by Deloitte Technology Fast50 Jury in 2017, and in Europe, '16th fastest growing tech company' by TheNextWeb in 2018. With the proceeds, this company will further accelerate marketing campaigns in Australia and the UK and further optimize its current web application.
days to go:
Expired
investment:
£476,642
Europe's largest marketplace for classic cars. In 2018, Car & Classic achieved revenues of £1.3m, with the value of vehicles sold exceeding £480m and their website is visited by 2.2m users every month. 60% of revenue is derived from data contracts, whilst the other 40% is generated via advertisements.
Data contracts are held by Cazana, the owner of Car & Classic, which is a B2B platform that values every vehicle by performing machine learning algorithms. The company claims that hundreds of businesses utilise this data. The Financial Ombudsman has declared that this data is recommended to be used for vehicle valuations during insurance claim cases.
days to go:
Expired
investment:
£1,541,590
Carbaya are an easy way to buy and sell a used car. They are an online peer to peer marketplace that puts convenience, value and trust back into the used car industry, offering buyers and sellers better value for their car and money. The marketplace will serve all used cars less than 6 year old and with less than 60,000 miles and once a sale is made they will drop the car off, washed and with a full tank of petrol to the buyer.
days to go:
Expired
investment:
£351,273
Carnot is developing revolutionary fuel-agnostic engines with an uncooled design and technical ceramics, achieving game-changing efficiencies of up to 70% to rapidly decarbonize heavy duty transport, off-grid power, and other challenging sectors, thus accelerating the transition to Net Zero and significantly reducing emissions.
days to go:
Expired
investment:
£502,088
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
Carwow, supported by prominent investors like top VCs, Volvo, and Mercedes, aims to be the ultimate hub for car transactions. Already a popular choice for buying new or used cars across the UK, Germany, and Spain, the platform is expanding its disruption to facilitate the sale of old vehicles. Their website offers comprehensive car comparison tools and connections to over 3,000 dealers and 50 top brands, simplifying the car buying and selling process. Seeking investment opportunities to further enhance their services and accelerate growth, Carwow previously raised over £4.9 million in 2019 via Crowdcube, accumulating a total of £128 million in funds raised with backing from Volvo, Mercedes-Benz, Accel, Balderton, and other leading investors.
days to go:
Expired
investment:
£3,127,709
CFP is a family owned business which is backed by British Business Bank. The company has created the world’s leading carbon fibre composite recycling operation. CFP has drawn a pipeline of business across a range of applications and is now involved with 25+ businesses across automotive, defence, and oil and gas industries. The company has taken concrete steps to improve its sales team to reflect its end market focus. CFP believes that as the adoption of the products occurs, the markets are adequately plentiful and different for CFP to achieve its aspirations and that the exit valuation fixed out in the Investment Memorandum remains achievable.
days to go:
Expired
investment:
Withheld
Carbon Negative Permeable Pavement Systems (CNPPS) offers Carbon Negative solution for hard surfaces like pavements and road networks. The company uses secondary aggregates, waste products and carbon-negative materials in its pavement systems which absorb more carbon in the manufacturing process than the carbon emitted per square meter by traditional carbon-intensive road construction methods. CNPPS's products are also permeable and can reduce flooding caused by rainwater run-off, thereby improving road safety. The company argues that its products are an estimated 5-8% less expensive than the currently used processes, having the potential to lessen the infrastructure budgets of the UK government. CNPPS requires initial funding to carry out a trial of its system by the Highways of England. The company will use the investment funds to trial, accredit, CE mark and market CNPPS, and generate buyer interest in its products.
days to go:
Expired
investment:
Withheld
Commuter Club is a unique technological platform that brings together data, retailing and credit to save commuters hassle, time and money. It helps commuters purchase and find the right tickets for their commute by an online journey, and provide big savings on annual tickets through a convenient, low-cost, monthly payment plan. Till date, it has issued £70mn+ in loans to over 20,000 customers and realized a CAGR revenue growth rate of 300% (2014 - 2018). Now with attractive unit economics, great customer lifetime value, proven acquisition mode, and improving margins with scale, it expects to issue tens of millions in loans and tickets this year. Additionally, it has expanded its corporate solution to leading clients like Pret a Manger, Monzo, and Hakkasan. It is raising capital to continue to fund its growth and acquire customers, develop its technological platform, up skill its team and reach profitability in 2020.
days to go:
Expired
investment:
£2,331,000
Cornish Lithium intends to set up an environmentally-responsible and unique lithium extraction industry in the UK. The company has acquired exploration rights for lithium and other battery metals across Cornwall. Extensive mineral rights agreements have given the company a first-mover advantage in Cornwall. The funds raised will be used to support research over the next 12 months, which includes sample collection, in order to completely understand the battery metal potential of Cornwall.
days to go:
Expired
investment:
£1,430,640
