Magnetto intends to challenge the traditional retail business by automating the checkout process and eliminating long queues via its app. The company allows shoppers to scan and pay for goods with their smartphones and skip queues using smart gates. The app also claims to facilitate indoor navigation with product locators and allows users to avail loyalty schemes. Magnetto asserts that the commercial rollout of its app has begun with the company planning to develop fully automated stores for one customer with its hardware partner, Modern Expo. Magnetto was nominated for an award at the London Smart Retail Tech Expo. The company intends to become a contender in the retail automation market that is projected to reach $23.58 billion by 2026. Magnetto aspires to connect fully with retail giants like Amazon and Sainsbury's and help them experience automated retail sales seamlessly. The company state it will use the investment to develop new features, grow its team and acquire more customers.
days to go:
Expired
investment:
£220,431
CityFALCON is a technology company that structures financial data, generates analytics, extracts insights, and delivers personalised data in 30+ languages to businesses. The company aims to disrupt the £23 billion financial content market with automation, long-tail coverage, and unrestricted access to its data. Users can use CityFALCON's tool to monitor investments, do due diligence, and supervise their content. CityFALCON processes millions of stories in real-time in 30+ languages from 5000+ publications, with paywall-free and non-public content from 1000+ publications including Economist, Washington Post, Xinhua News, Yonhap News, and more. It has featured in news publications like Forbes, Business Insider and CNBC. The company will use 75% of the investment for salaries and technology costs and 25% for marketing and premium content generation.
days to go:
Expired
investment:
£599,800
MortgageGym is a technology business that makes mortgages easier and digital for everyone. Its technology was authorised by the FCA, delivering first-to-market digital innovations. This company has provided free online advice to over 45,000 consumers and has got £100m+ of mortgages arranged to date. Moreover, it also has integrated 65% of the 20 largest UK mortgage lenders into live eligibility. MortgageGym has multiple revenue streams such as revenues generated from the arrangement of appointments with brokers, commission shares, and referral fees. From the funds raised, MortgageGym will accelerate its ongoing proposition development by investing in people, particularly focusing on technology and product. It will also use the proceeds to develop new technology features which are not currently offered by its competitors.
days to go:
Expired
investment:
£443,086
Baanx is a Business to Business to Consumer (B2B2C) banking platform that is Application Programming Interface (API) driven and digitaly-friendly. It aims to become a contender in the digital asset financial services market that is estimated to rise to $40 trillion by 2030. Baanx argues that it is disrupting the slow and expensive banking sector by leveraging blockchain to launch secure and low-cost banking products and services, with a few lines of code. The company has witnessed £1.4 million in revenue in 2020. It will start shipping its cards to 30+ EU countries in 2021 and roll-out its ‘plug-and-play’ wallet/card/exchange/mobile app on leading open-source blockchain network, Tezos, targeting the latter's 3 million+ global user base. Baanx will use the investment to increase its staff to 40-50 personnel by the end of 2021, expand into Asian, Middle Eastern, and North American markets with regulatory approvals, and invest in digital asset-backed lending and investing.
days to go:
Expired
investment:
£9,990,280
Tamoco Limited are a provider of online data, creating actionable data and aggregating precise consumer location data. Tamoco provides brands with a method of understanding how audiences behave with speed and accuracy, and delivers an innovative content delivery platform for advertisers. The platform utilises precise location to present content relevant to its audience.
days to go:
Expired
investment:
£1,050,000
GoBubble is a child-centered content moderation software that aims to create a safer, healthier, and kinder digital community for schools. GoBubble asserts that its technology can check all content before it appears such as text, emojis, photos, and videos. The company argues that this reduces the industry's over-reliance on traditional human moderation. The global moderation industry was valued at £3.74 billion in 2019. GoBubble aims to be a significant contender in this segment. The company has successfully launched its app in 68 countries across 1700 schools. Its new at-home child-messenger application, GoBubbleKids, is available on iOS and Android. The company has featured in publications like The Times, ITV, Evening Standard, and BBC. GoBubble has recorded a nearly 9x YTD increase in engagement and has a presence in the UK, USA, and UAE. The company will use the investment to scale its business globally.
days to go:
Expired
investment:
£345,699
Coull is an advertising technology expert. They are looking to disrupt the way online advertising appears making it more natural, non-intrusive and creative. Coull is an established company already revenue generating. The funding will go towards growing the team, targeted marketing and product development.
days to go:
Expired
investment:
£175,980
Aloha is a barrier-free WiFi hotspot and data-sharing platform. The company estimates that 3.5 billion smartphone users worldwide pay to access the web with many unable to access the internet daily due to technical or financial constraints. Conversely, 67% of smartphone users do not consume all of their mobile phone data available to them each month. Aloha aims to change this scenario. It enables users to get paid for sharing unused data and be rewarded with 'Aloha Tokens' that can be exchanged for cash, bitcoins and exclusive offers from Aloha's partner companies. Business users and advertisers can use the advertising tools in the Aloha application and broadcast offers and promotions directly to a targeted audience within the Aloha community. The company will use 20% of the investment to list the Aloha Token with one or more key Crypto exchange platforms, 15% to expand the application development team, 17% to complete development of the Aloha Marketplace, 20% for marketing and PR, 16% for running monthly costs, 3% for Aloha app upgradation, and 10% as contingency funds.
days to go:
Expired
investment:
£307,707
SafeToNet is a cyber-safety company that safeguards children around the world from online threats such as bullying, grooming, abuse and aggression. The company's Artificial Intelligence (AI) system is trained to look for patterns of behaviour that can suggest a child may be at risk. Its smart keyboard detects risks in real-time and steers children away from trouble by filtering harmful outgoing messages before they can be sent and any damage can be done. SafeToNet has sold more than 550,000 licences of its AI-based safeguarding solution in 2020 and is operational in 109 countries. It has featured in The Daily Mail, The Independent, and The Times, to name a few. It has raised £2.52 million to invest in its growth and is offering secondary shares to investors.
days to go:
Expired
investment:
£183,606
Good Club is an online grocer that aims to sell sustainable household food and products across the UK. The company's sales have grown from £18,000 to £234,000 in May 2020. The potential demand for sustainable food and products is £61 billion in the UK, and the company finds itself as a strong contender in this domain. COVID-19 has led to an increased interest in home-delivered grocery products amongst consumers. Good Club responded to this by opening its first distribution hub in North London. It has also carried out a 'Life Cycle Analysis' of its proposed process and prototype packaging to ensure that its sustainable and eco-friendly. The investment raised will help the company grow its revenues, establish scalable marketing foundations for future growth, and roll out 'Closed Loop' service to strengthen customer loyalty.
days to go:
Expired
investment:
£1,001,337
