B-North is creating an SME business bank that will deliver fast decisions with loans being given in two weeks. Its model is formed around strong relationships with both brokers and customers. B-North is in a positive conversation with the British Business Bank for Tier 2 debt, and its FinTech enabled lending platform is excellent. The funds will be used to expand the team and develop the platform. The company also aims at assembling a highly-experienced and ambitious management team supported by a heavyweight board.
days to go:
Expired
investment:
£2,815,350
B-North is a financial technology bank combining cloud-native technology with face-to-face relationship banking to disrupt the £150 billion UK Small and Medium Enterprise (SME) lending market. It argues that it delivers cash to SMEs faster than the competition by combining its lending origination platform with a locally delivered servicing and relationship model overseen by experienced bankers. B-North asserts that it is engaging in a positive dialogue with several potential investors with a committed investment now standing at £18.6 million since June 2020. The company has also raised a seed capital of over £6.8 million that includes a six-figure investment from the Greater Manchester Combined Authority to establish its core team and create both the lending and deposit-taking platforms. The company will use the investment to provide a cash runway to the end of Q2 2021 as the team finalises its Series A round and secures its banking license.
days to go:
Expired
investment:
£883,835
B-North is a UK-based business lending company. It has combined cloud-native technology with face-to-face relationship banking. The company asserts that SMEs account for over 60% of private-sector employment in the UK, have driven job growth over the past ten years, and are central to driving economic recovery. It intends to disrupt the £150 billion UK Small and Medium Enterprise (SME) lending market. B-North has raised a seed capital of over £6.8 million including a six-figure investment from the Greater Manchester Combined Authority to establish its core team, as well as, build lending and deposit-taking platforms. The company is now seeking further investment through a bridge round to extend the cash runway from the end of Q4 2020 into Q1-Q2 2021 to achieve the necessary regulatory capital to become a bank and commence lending.
days to go:
Expired
investment:
£2,149,256
Metal matrix composite components and materials, primarily comprised of aluminium for use in the engineering and manufacturing industries. Alvant specialise in designing, developing and producing the composite for well-known clients such as Ford and Safran.
In the last financial year, Alvant achieved a turnover of almost £617k and has invested more than £10m towards manufacturing and testing their own product. Alvant is now raising funds to distribute their components to a wider market and expand the number of commercial applications that would benefit from their materials.
days to go:
Expired
investment:
£2,105,001
Service Octopus are based in London and are a UK comparison and instant booking platform for cleaning services. The founders have a combined experience of 7 years in the cleaning sector and have generated £50k to date. They will be using this funding round for product development, sales and marketing.
days to go:
Expired
investment:
£129,310
Rockabox is a global leader in programmatic technology for rich media marketing and is at the forefront of a revolution that is occurring in the $118 billion online advertising industry.
days to go:
Expired
investment:
£4,274,422
Bricksave is a global platform that provides individuals with direct access to institutional-grade real estate investments previously only accessible to experienced, qualified, High Net Worth Investors. The company has a fully automated and functioning platform through which it hit the target of $4m and is aiming for the next milestone of $25m by the end of 2020. Moreover, the company has an experienced founding team of advisors backed by a successful track record. It also received a YoY growth in excess of 260%. With the proceeds, Bricksave will continue its aggressive growth strategy, boost its market position in current geographies and increase marketing efforts.
days to go:
Expired
investment:
£673,025
A thought leadership media platform working with trusted experts to bring innovative advancements to organisations through journalism. The Future Shapers aims to re-imagine how information is delivered globally and the ways it can help small to large communities innovate further, avoiding the use of advertisers and paywalls.
days to go:
Expired
investment:
£41,610
Say It Now specializes in enabling audience interaction with audio and TV advertisements through smart speakers, recognizing the impact of advertising in the home via digital audio and TV. With smart speakers present in 60% of UK homes and 90 million US homes, consumers can seamlessly engage with advertising offers using voice commands, offering convenience and real-time insights for advertisers. Collaborating with top-tier advertising groups, publishers, and brands, Say It Now facilitates engagement through voice assistants like Alexa, providing valuable data to optimize advertising campaigns and offering access to their technology through a CPM or license fee model based on hundreds of millions of tracked impressions and engagements.
days to go:
Expired
investment:
£670,733
Seers Group LTD is a Data protection and Cybersecurity leader in the UK. It's a one-stop-shop for all industries related to the new data privacy laws and cybersecurity. In fact, it considers itself the UK's number one GDPR and cybersecurity expert. Seers Group is partnering with several businesses, accountancy firms, membership bodies, and has access to 300k businesses, which include even the early stage business. Furthermore, its user base is growing by 300% MoM. Seers' aim is to build a Business Development and Support staff to end partnership deals and give expert advice wherever needed.
days to go:
Expired
investment:
£255,001
