Ripple is a clean energy ownership platform that allows consumers to own a small part of a large scale wind farm and have the clean electricity it generates supplied to their home via the grid. The company makes clean energy ownership affordable for people who rent or live in flats or plan to move home in the future, as well as those that find the £4000-8,000 cost of installing solar panels beyond their budgets. Ripple has been selected to take part in Free Electrons 2020, the global utility start-up program which will enable it to pilot its ownership model outside the UK. The company was awarded the 2019 'Startup of the Year Award' by Seedrs and BusinessGreen technology awards. Ripple is also in talks with Centrica (owner of British Gas, UK's largest utility) about a supply partnership covering household and business customers. They are looking to use the investment on: 27% of it on legal and transaction costs for follow on projects, 25% to develop pilot projects outside the UK, 22% on business costs, 16% on building applications and website management, and 10% on marketing and new product offerings.
days to go:
Expired
investment:
£331,220
Fore Fitness Group (FFG) is a company that operates the easyGym and PACK45 brands in the fitness space. It operates 20 affordable but high-quality easyGym units across 3 countries. FFG plans to open gyms, boutique studios across the world and develop digital assets such as workout apps. It is developing two new products: an innovative workout app, and an effective & easy-to-use home fitness equipment machine. FFG believes that these steps will appeal to fitness enthusiasts both during and after the Covid-19 pandemic. FFG’s’ vision is to operate the largest fitness network in the world by 2030. The company will use the investment: 10% of it to patent, prototype and gather initial feedback for the home fitness equipment, 20% to build, market and ship the first orders for the home fitness equipment, 15% to market and establish momentum for the workout app, 15% to launch a premium version of the online fitness library, 20% for company costs such as rent and staffing, and the rest for investment opportunities that may present themselves and to seek new Master Franchise Agreements (MFAs) for different countries with eligible partners.
days to go:
Expired
investment:
£1,462,390
Riders can enjoy indoor cycling within a boutique fitness studio. In the past 6 years, Boom Cycle have opened five sites are now seeking funds to expand their portfolio. To date, Boom Cycle has acquired over £4.1m from private investors and in 2017 spent £2.1m on developing two flagship studios. The company has experienced attendance growth of 47% YoY, as well as a 77% increase in revenue YoY.
days to go:
Expired
investment:
£805,260
Kindred is a social enterprise platform working with 25,000 brands and helping over 25,000 charities online through conscious consumption. It has built a browser extension and mobile app that allows consumers to shop online, get discounts, earn cash back and donate a percentage of that cash back to a chosen charity all on one single portal. The company asserts that charities are experiencing a 48% drop in donations in the wake of COVID-19. Since Kindred's launch in March 2020, customers have bought products worth over £3.3 million. The company aims to be a major contender in the social enterprise category. Kindred has raised over £470,000 for charity in 6 months. It has also raised a seed funding of £2.1 million in 2019. The company will use the investment to scale its operations.
days to go:
Expired
investment:
£406,816
Innovate Recycle (IR) is a company that aims to reduce carbon emissions from burning discarded carpets. It asserts that only 2% of the 400,000 tonnes of discarded carpets in the UK is recycled, with the rest going into a landfill or being incinerated. IR further points out that burning waste carpet leads to an estimated CO2 impact of £16 million per annum in the UK. It wants to solve this crisis. IR is building a new carpet recycling plant in Northamptonshire that would be able to recycle carpets into reusable materials. They have already received grant funding of up to £2.35 million. IR claims that a single production line in the plant, at full capacity, can recycle up to 20,000 tonnes each year and generate 12,600 tonnes of polypropylene pellets. It will use the investment to expand to a second production line by Year 4 at the same facility.
days to go:
Expired
investment:
£2,650,000
Six to Start are the co-creators of the popular fitness game 'Zombies, run!' and are now raising investment to grow this and to also build a new app called 'Virtual Races.' With over 3,000,000 downloads and peaks of 250k monthly active users, Zombie, Run! brings together audio storytelling and gameplay with real-world exercise. Virtual Races has already attracted over 15,000 entrants and generated over £600K+ in revenue.
days to go:
Expired
investment:
£249,970
Pawprint is a behavioural change platform that is on a mission to fight climate change. The platform allows people to measure, understand and reduce their carbon footprint, and fight ‘climate change’ by giving people bite-sized chunks to focus on. It aims to be the middleman, helping brands reach and understand their audience by offering these brands personalised challenges to help their reduce carbon footprint. The market for behavioural change platforms is slowly gaining solid traction with established brands such as Fitbit, Strava, and Calm. Pawprint aims to capitalise on this collective concern and deliver services that help mitigate those concerns.
days to go:
Expired
investment:
£352,440
Fully Charged is a broadcasting, digital and events business with the aim to become the world’s no.1 consumer channel for everything related to clean energy technologies & electric vehicles. The company's work has been met with more than 3 million monthly episode views globally on its YouTube channel with a record 4.6 million views in August 2019. Fully Charged is receiving ~£8,000 per month from YouTube advertising. It has successfully crowdfunded its first book, 'The Fully Charged guide to Electric Vehicles & Clean Energy'. Fully Charged LIVE has also won the ‘Pioneer Award’ at the British Renewable Energy Awards. With the investment, the company will hire additional staff/freelancers to drive audience, invest in audience growth through merchandising, hold more events, and establish a larger production office at Bristol & Bath Science Park to manage its increasing workflow.
days to go:
Expired
investment:
£558,734
Elemental is an agricultural food technology company that converts 78% of beef processing waste into sustainable fertiliser. The company claims that its technology can potentially reduce global beef CO2 emissions equivalent to 50 million cattle. Elemental asserts that its technology has been developed through extensive R&D and protected by patents in 60+ countries. The company raised £1.5 million on Crowdcube in late 2019, signed agreements for 14 projects in the UK and Europe using its technology, built a demonstrator plant and agreed to install its technology on commercial terms at 6 UK abattoirs. The company states they will use the investment to operationalise their first plant by December 2021 and grow their business across different verticals.
days to go:
Expired
investment:
£1,395,801
Docandu is an innovative digital health platform designed both for patients & doctors, making digital healthcare accessible from anywhere. Docandu aims to be a key tech health service provider, starting from Greece, improving the existing national and private health care services. The global digital health market is estimated to be worth $536 Billion by 2025. To date, they have developed two separate apps for doctors and patients. They have also received an angel investment of 100,000 Euros and sponsorship of $25,000 from Microsoft. The company has initiated early-stage relationships with a couple of Greek public and private health entities. With the proceeds, they will execute their go-to-market strategy and make global health ID a reality, by expanding its affiliate network of doctors, health providers and public health systems.
days to go:
Expired
investment:
£70,900
