Peckwater Brands (PB) is a company engaged in the growing cloud kitchen/delivery business that runs virtual restaurant brands from the kitchens of existing restaurants. It argues that restaurants need to pay high street rents and staff wages no matter how many diners visit. Nearly 5,000 restaurants have closed in the UK since 2015 due to not being able to fulfil these tasks. PB aims to change this scenario. It helps restaurant partners use their existing staff and kitchen capacity better, and help keep struggling businesses running. The company received more than 10,000 customer orders through Deliveroo and Uber Eats. It witnessed more than £250,000 in customer sales since June 2020 and is spread across London, Manchester, Leeds, and Coventry. PB has launched four brands with four more in the pipeline. It will use the investment to get more partners, launch more brands, and acquire more customers.
days to go:
Expired
investment:
£232,208
Bubble& uses local seasonal produce to create exciting combination flavours on a classic English dish Bubble and Squeak. Using the funds from the raise they will be looking to open a 45 seater restaurant in Portsmouth and have plans to open many more. For the past 2.5 years they have been serving their bubble & squeaks at many well-regarded markets and festivals in the UK.
days to go:
Expired
investment:
£38,340
Noveltea is a premium alcoholic tea brand launched in Fenwick in April 2017. The company's products are vegan, gluten-free and low in sugar, and manufactured in minimalistic & up-cyclable lifestyle packaging. Thanks to its low-Alcohol by volume (ABV) portfolio, the brand has sold 350,000 bottles since its launch in 2017. The company experienced more than £100,000 worth of sales in April 2020 despite COVID-19 due to smart e-commerce channel utilisation. In 2020, the size of the global alcoholic drinks market is $1.587 trillion and is forecasted to grow by 3.5% (CAGR) over the next three years. The brand aims to become a major contender in this segment and grow its business. The company use the investment to focus on its core markets in the UK, Germany, and China, and enter the USA by 2020.
days to go:
Expired
investment:
£558,845
The Cotswold Distilling Company Limited (trading as The Cotswolds Distillery) was founded in 2013 and is, in its director’s opinion, well on the way to becoming a leading producer of world class ultra-premium whisky, gin and other branded spirits, as well as a premier tourist/visitor experience in the Cotswolds. www.cotswoldsdistillery.com
days to go:
Expired
investment:
£1,001,000
Artisan gin makers putting the city of Exeter into the public eye. Exeter Gin has two brands, a self-named gin and Granny's Garbutt's, which both encompass 5 product ranges. These include Rhubarb Gin, Navy Strength and London Dry. The company originally predicted to sell 500 bottles in their first year, but within the first 10 months of establishment, Exeter Gin sold more than 4,000 bottles and 4,500 miniatures. Their products are sold to restaurants and bars, retailers, wholesalers and online.
Funds are being raised to pursue growth opportunities such as redeveloping their website, exporting internationally, showcasing their products on gin tours, increase the number of sale outlets and produce new ranges. Furthermore, Exeter Gin plan to purchase high-grade equipment to maximise their economies of scale whilst reducing overall cost.
days to go:
Expired
investment:
£116,150
A food chain which cook a blend of the best of Asian cuisines fresh to order: Wok&Go have 24 stores across the UK with plans to open another 13 in the next year. On track to sell over 1.1 million boxes of noodles this year, they are now raising to open a flagship store in London
days to go:
Expired
investment:
£39,940
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
An independent restaurant business offering investment opportunities for the first time since successfully launching 3 restaurants as of 2013 without any prior funding. A Rule Of Tum Group is the owner of The Burger Shop Hereford & Worcester and The Bookshop Restaurant. The former provides high-quality food in a relaxing environment, whilst the latter produces dishes made from grass-fed steak and uses organic vegetables.
The business hosts a food festival annually, which oversees more than 8000 visitors. In the year ending March 2018, A Rule Of Tum Group achieved £1.6m in annual turnover and are now crowdfunding to fully purchase their Hereford site. Furthermore, the business is planning to open a butcher's shop in 2020, as well as another restaurant located in Worcester.
days to go:
Expired
investment:
£485,730
Ready Burger (RB) states that it has created the UK's first scalable, value-driven, entirely plant-based Quick Service Restaurant (QSR) brand. RB claims that it has mastered the science behind the taste and texture of plant-based foods to make them indistinguishable from their non-veg counterparts. It further points out that its final products use up to 92% lesser greenhouse gases, and require up to 70% lesser water than competitor brands. RB argues that its meals cater for vegetarians, vegans, meat lovers, and people preferring Halal or Kosher foods. RB offers fast-food classics and has partnered with a global plant-based food manufacturer. RB asserts that its ergonomically designed kitchens enable it to produce 1000s of items a day, that are in turn, serviced from its central distribution centre. RB's integrated web-app ordering, in-store ordering kiosks and an innovative delivery solution allow customers to have their food in under 30 minutes. RB says it will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£1,998,549
Clean Slate is a 100% plant based all day dining concept. The idea is to create easy attractive plant based eating not just for vegetarians and vegans. They are lookng for funding to launch a restaurant with the view to open four restaurants over the next four years.
(EIS Partial)
days to go:
Expired
investment:
£36,290
