A new form of electric transport in the bike industry with the use of an affordable and simple conversion kit. Swytch have developed a kinetically rechargeable add-on for existing bikes to convert them into eBikes for a range of up to 50 miles. Funding will result in additional units being manufactured and sold at a 70% margin. The products are available online and currently via 20 independent bike dealers, with over 100 more waiting on stock.
days to go:
Expired
investment:
£349,356
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
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
Craft beer brewed for family and friends with inspiration from 1980's nostalgia and arcade games. Play Brew use a combination of US hops with British Malts and is brewed in the UK. The company has produced around 5,500 cans and their products are sold in 33 outlets. They are the only brewery serving the local community within a radius of 19.5 miles and are seeking funding to open a taproom as a means to expand and grow the business.
days to go:
Expired
investment:
£157,770
Champion & Reeves is a confectionery brand that manufactures and distributes 100% natural, high quality confectionary. They currently have orders placed from locations such as Buckingham Palace and Windsor Castle.
days to go:
Expired
investment:
£156,540
Personalised Protein Co (PPCo) is a direct-to-consumer supplement brand that bridges the gap between technology and fitness. Leveraging on the growing UK vitamin and supplement industry, which is worth over £800m, PPCo offers expert guidance, bespoke product, clear pricing, and consumer-friendly subscription service. More than 9,000 people have signed up for the company's pre-registered launch campaign providing it 1,200 customers and 5000+ Instagram followers. With the proceeds, the company will improve its technology, automation, and aim at acquiring new customers. PPCo is raising money to invest in its product and scale its marketing efforts.
days to go:
Expired
investment:
£192,770
Winebuyers connect vineyards and wine merchants directly to the end consumer revolutionising a traditional industry. They make their revenue by charging the suppliers a monthly fee and have had 2,700 companies registering their interest to be involved in the platform. The funding will go towards strengthening their infrastructure, extending their marketing activities and to growing the business quickly and efficiently.
(SEIS Partial)
days to go:
Expired
investment:
£568,870
The Vurger Co aim to revolutionise the fast food industry with their 100% plant based burgers. They have run a number of successful pop up shops and are now looking to bring the plant based revolution to London with their first restaurant.
days to go:
Expired
investment:
£299,760
WELD is a fitness company on a mission to make on-demand health, fitness and wellbeing available to all ages & abilities. The company allows users and instructors to set the time and place for the training session, rent out their home or commercial spaces for activities, or interact 1-2-1 online. This approach, the company believes, helps personal trainers, hit by the Covid-19 lockdown, find clients. WELD also allows trainers to set their prices and keep 90% of their fees, and lets customers enjoy a 2% commission on referrals for every future session taken in perpetuity. WELD aims to tap into the $94 billion global fitness and wellness market that grew 8.7% from 2018/19. The company's primary target audience is Generation Z that, the company believes, embraced wellness. WELD will use the investment to improve its platform, boost marketing and plug the fitness & wellness gap.
days to go:
Expired
investment:
£199,227
Crafty Nectar are a cider subscription service, sourcing ciders from independent producers and delivering to customers UK wide. They have £85k revenue to date and the aim to widen the availability of craft cider for all. They connect people with traditionally made ciders which are often not available in supermarkets.
days to go:
Expired
investment:
£145,810
