The Idle Man is a fast growing internet retailer with experienced founders. Within the third month of trading The Idle Man was already seeing £100,000 in monthly revenue. This funding round they are aiming to use the money gained from investments to continue their aggressive expansion.
days to go:
Expired
investment:
£1,283,974
Marine Power Systems (MPS) states that it has developed a technology that can harness wind power, wave power or combined wind and wave energy at grid scale. It argues that governments worldwide are looking for alternative sources to meet global energy consumption needs. MPS endeavours to usher in an energy revolution and become a contender in the floating offshore energy market that is set to be worth over $100 billion by 2035. MPS claims to have successfully tested its medium-scaled prototype in the ocean, demonstrating the ease of transportation, deployment, and showcasing the devices ability to generate grid compliant electricity. The company has been awarded a £12.8 million grant by the European Union (EU) to deliver a full scale, grid-connected commercial demonstrator in 2022. It says it will use the investment to conduct its final phase of development and testing before taking its devices to market in Q1 of 2024.
days to go:
Expired
investment:
£4,151,001
Loopster is a D2C platform that aspires to make selling and shopping for secondhand clothes an easy and sustainable lifestyle process. It argues that fashion is one of the most polluting industries on the planet projected to use one-fourth of the world's carbon budget by 2050. It argues that secondhand shopping offers a way out of this crisis. The company aspires to dominate the secondhand fashion industry projected to be worth $64 billion by 2024. Loopster has processed over 4000 garments and sold over 1900 in June 2021 earning revenue worth £122,000 as of May 2021. It allows sellers to order a Loopster Clear-Out Bag, send in discarded clothes, and the company does the rest, paying them for everything it accepts. For shoppers, Loopster offers hand-checked quality clothes at a quarter or less of high street prices. Loopster has featured in press entities such as The Sun, The Guardian, The Telegraph and Drapers Magazine. It has over 23,000 social media followers and 15,000 newsletter subscribers. Loopster states it will use the investment to continue scaling and building out a service for brands, hire a marketing manager and further optimise its processing technology to scale rapidly.
days to go:
Expired
investment:
£393,149
GalleriesNow is a revolutionary art platform rapidly becoming the most trusted source of information on galleries, artists and exhibitions worldwide. We have achieved tremendous traction in the space of one year, already working with Frieze Art Fair, Soho House and the FT and in discussions with major arts publications - and are an increasingly valuable way for galleries to interact with their audiences. We are fundraising to consolidate and bring further revenue streams on-line. Our goal is to be the perfect bridge between gallery and art buyer - join us on our journey!
days to go:
Expired
investment:
£33,384
Gunna Drinks is a company that manufactures and sells craft soft drinks, consisting of natural juices with less than 5% sugar and no artificial colours or flavours. They have outshone established competitors like Gingerella, Fentimans & FeverTree in taste tests, and its recipes draw inspiration from around the world. Gunna is stocked in major supermarkets and convenience stores across the UK such as Co-op, Sainsbury’s, Amazon, Ocado, and JD Wetherspoon. Gunna Drinks has experienced 85% revenue growth in 2019 and was overfunded by 78% in its last crowdfunding round. The company will utilise the investment to boost consumer marketing to drive rapid revenue growth and develop new products and flavours.
days to go:
Expired
investment:
£274,880
PLAYin CHOC is an ethical UK manufacturer that makes chocolate and plastic-free toys sustainably. The company asserts that it currently has a range of 19 products that are plastic-free, organic, vegan certified, and free from 14 allergens. It aspires to become a contender in the global chocolate with toy market segment that is worth 4 billion USD per annum. PLAYin CHOC claims that its distributors have access to over 600,000 shops across 30 countries. PLAYin CHOC points out that it is listed with 3 global companies, Sysco, Ocado and Gategroup, and is in early-stage conversations with 'Top 5' supermarkets in the UK. The company has also won 18 multi-national awards and exports its products to 30 countries. It argues that its UK factory has the capacity to produce 33,000 bars in 8 hours. PLAYin CHOC will use the investment to scale its business across different verticals.
days to go:
Expired
investment:
£364,495
Nextfin is an FCA approved aggregation and rating portal for equity and debt crowdfunding investments.
AIM is shrinking, legacy stock markets are too expensive to maintain and do not serve the requirements of SMEs, banks are closing branches, lending less and are paying little or no interest to investors. As a result of this, there is a huge growth in equity crowdfunding and P2P lending which has seen the launch of hundreds of alternative lenders & platforms that has created a new c.£3bn marketplace, expanding at 66% p.a. There is no single portal or trusted ratings index for investors to compare on a like for like basis and no secondary market to facilitate exits.
* NextFin is the new trading name of Business Agent Ltd
The solution
NextFin aggregates equity and debt crowdfunding investments to create the alternative finance marketplace. This makes it easy for investors and lenders to find and compare opportunities by presenting all investment offerings in one place. With the addition of a free of charge ratings service investors will be able to view ratings of every equity crowdfunding pitch, every P2P site, and every equity crowdfunding site. NextFin’s technology will constantly track these companies and investments providing the investor real-time intelligence on which to base investment decisions. The platforms and entrepreneurs will be self-promoting and marketing their ratings driving thousands of visitors a month to the NextFin site, in the same way, businesses refer their potential clients to Trip Advisor and Trustpilot. There is an estimated 10 million website/platform visitors per month across the whole of the alternative finance market. NextFin is targeting to direct 5% of this highly profiled traffic to its platform from which it will earn between £5-£8 per click from advertisers and partners. In addition, an in-house brokerage service also earns between 1%-6% commissions on loan placements. A future revenue stream (not featured in the financials) will be developed once visitor traffic reaches critical mass. This will see Nextfin being able to realise the full value of its captured ratings data and visitor traffic by launching a secondary market, which is estimated to be a £5bn marketplace.
NextFin is raising £500k at a pre-money valuation of £2M to: • Develop P2P and Equity site ratings• Expand the management, infrastructure and marketing resource• Increase visitor traffic to 6m a year via rating referrals
Owing to the size of the market and rapid growth of the industry, enterprise valuations in alternative finance are based on visitor traffic, market share and registered users. Recently published valuations of companies with visitor traffic of over 6m per year are in excess of £70m. NextFin is the market-leading aggregator and has first-mover advantage. It has the potential to exceed these valuations because it is the whole of the market aggregator and is currently the only ratings service provider as it grows to achieve 500,000 visitors p.m.
days to go:
Expired
investment:
£274,057
LuxDeco aims to connect luxury shoppers around the globe to the world's finest interior brands through personal shopping technology, white-label e-commerce service and a curated online marketplace. It believes that its proprietary algorithms, data science, and expert curators who aggregate and standardise product data from hundreds of partners, set it apart from traditional e-commerce and present the most relevant selection to the users. LuxDeco offers a curated selection of products from 350+ premium brands with minimum inventory risk while providing a personalised shopping experience. Moreover, leading interior brands like Ralph Lauren and Aerin have also joined the platform. Till date, with £920 average order, it has seen £13m+ gross sales. In Y/E March 2019, it achieved £546k gross profit after fulfilment (-£1.59m P+L).
days to go:
Expired
investment:
£1,518,730
Businesses can now book meetings in pubs to discuss projects whilst enjoying food and drinks. MeetingsInn aims to satisfy the demand for companies that would prefer to hold discussions in smaller, yet livelier venues. Through their research, MeetingsInn has discovered 4,500 pubs that would be ideal locations for businesses to gather. All pubs will be audited to ensure they meet MeetingsInn's standards.
MeetingsInn generates revenue from a 10% commission of all bookings confirmed, as well as pubs that wish to advertise and have premium listings on the website. This crowdfunding round will allow MeetingsInn to list more pubs on their platform, as well as enhance their booking service to include tools and resources such as group accommodations.
days to go:
Expired
investment:
£60,960
Chip is a wealth investing & savings app that aims to foster financial prosperity for today's generation
days to go:
Expired
investment:
£5,083,686
