Symmetrical Power has developed an innovative solution that addresses the issue of energy wastage. After identifying the inefficiency of the 3 Phase Electrical Distribution Boards, Symmetrical Power is creating the ‘Intelligent Distribution Board’ (ID Board). It aims to prevent the challenge of peak demand whilst saving on energy bills. The working model of the product also received positive feedback from electrical specialists. Additionally, Symmetrical Power was also a Shell Springboard regional finalist (2018) for its new low-carbon ideas. With the proceeds, the company will complete design & begin distribution in Europe and to position itself as the go-to Distribution Board provider.
days to go:
Expired
investment:
£233,600
Cornerford aim to bring quality watches and accessories to the modern day gentleman, Cornerford was founded by engineer Dovy Cornerford. All Cornerford products are designed, manufactured or hand finished in the UK.
days to go:
Expired
investment:
£5,450
PANTSANDSOCKS.COM is an online retailer and subscription service that helps men buy branded underwear and socks. They state their mission is to be a convenient, one-stop-shop for top brands in the market. PANTSANDSOCKS.COM argues that it is an ‘Authorised Stockist’ of 16+ leading brands including Calvin Klein, Hugo Boss, Polo Ralph Lauren and Tommy Hilfiger. The company claims to have fulfilled over 2,000 orders, welcomed over 100,000 unique website visitors to its site, achieved a 4.6/5, ‘Excellent’ Trustpilot rating, and signed up over 4,000 people to its database. The company has integrated with Amazon and Google Shopping to provide additional revenue streams. They state they will use the investment to achieve 100,000 unique visitors per month by the end of Q3 2021, meet its business targets, and continue to develop its internal capabilities at a sustainable rate.
days to go:
Expired
investment:
£205,504
Hemspan states that it designs bio-based building systems and products for construction by combining modern methods, technology and hemp to produce net-zero carbon solutions. The company argues that every time an average house is built, the CO2 emitted by the manufacture, transport and assembly of the materials used is around 50 to 60 tonnes. Hemspan says that one hectare of UK-grown industrial hemp can absorb 11 tonnes of CO2 each year with regeneratively farmed hemp capable of sequestering a further 6 tonnes per hectare of CO2 into the soil each year. Hemspan intends to activate significant demand for hemp farming in the UK and develop processing technologies to reduce reliance on imports and enable large scale manufacturing of bio-based cladding and insulation products that spin out of R&D programmes. It asserts that the global industrial hemp market is expected to grow at 25% CAGR reaching US$ 27 billion by 2028. It aims to be a contender in this segment.
days to go:
Expired
investment:
£200,000
Hypha is an innovation intelligence platform. The company combines ontology mapping and graph processing to connect and leverage knowledge such that it is contextually aligned to an enterprise’s unique structure, systems, processes, and strategic objectives. Hypha deploys features on its platform such as clustering boards, browser extension tools, custom branding, and cloud-based deployment to help organisations achieve growth and profitability. The company has onboarded multiple entities on its integration roadmap, such as Miro, Microsoft Teams, Office 365, GSuite, and Dropbox, to name a few. The company has secured 6 enterprise clients worldwide, with IKEA as one of their illustrious clients. It will use 80% of the investment for product development and 20% for sales and marketing.
days to go:
Expired
investment:
£222,100
Kalendit removes the middleman (agencies) and provides UK nurseries with temporary staff while helping them save up to 50% on staffing fees. Since September, over 150 users joined Kalendit, and it is continuing to add about two workers daily. This company had launched its services in November with four nurseries, and since then, have been successfully processed 49 bookings. With the funds raised, it will hire people and serve thirty nurseries in one year. By the fifth year, it wants to take 45% of the London market, which equates to 1400 nurseries.
days to go:
Expired
investment:
£82,180
WhatsInStore is the best way to shop for deals to save time, money and energy. It is the world’s first AI engine (patent pending) that empowers shoppers to make buying decisions by sending information to the user’s phone about the products they are interested in. WhatsInStore will focus specifically on the UK grocery market, which has a potential of 28 million shoppers. There are 87,041 physical outlets selling groceries in the UK and the company has signed up with 23 retail stores so far. The complete system has been built and is fully operational. The company has approval for SEIS and EIS tax scheme for the investors. The money invested will be used to grow the user base, secure more retailers, promote via predominantly social media and sell subscriptions to retailers
days to go:
Expired
investment:
£51,500
Oyako is a distance-control application that aims to reduce the stresses and strains on children's eyes. The company asserts that an increase in mobile technology usage has led to an increase in myopia (nearsightedness) in children. It also leads to parents incurring a cost by way of purchasing spectacles along with a cost to the National Health Service (NHS) and medical insurance companies. By 2050, half of the global population will be short-sighted if current trends continue. Oyako aims to solve this issue through its application. Oyako's prototype app uses a simple traffic light design to signify safe or damaging scenarios, intelligently controls the phone camera without compromising battery usage, and is available on the App Store and Google Playstore. Oyako will use the investment to finalise its application and take it to market at £6.99 per download.
days to go:
Expired
investment:
£131,641
Simply rounding up the value of online purchases to the nearest pound and enabling users to save money into a digital wallet. Wishwallet aims to solve the problem of online shopping trolley abandonment, whereby consumers tend to leave products in their online baskets, but not continue to the checkout stage. The company aims to reduce this issue, whilst at the same time allowing customers to afford products and services they not have been able to before.
Wishwallet's revenue stream is comprised of service fees to retailers, advertisements, recurring subscriptions and data. The company aims to launch their service with access to more than 1,500 retailers. They have already completed Phase 1 of their app development cycle and following this investment round, they aim to complete their product to be ready to launch in early 2019. Any additional contributions will be used for marketing campaigns, key hires and future app upgrades.
days to go:
Expired
investment:
£122,140
Award winning designer is scaling his businessUpdate: Oak and Iron is about to launch its Christmas collection, it includes their new candle holder and desk tidy range which are in 3 sizes and 5 colours.When a furniture designer can list the HM Foreign and Common Office as a satisfied customer, there can be little doubt that the goods he produces are some of the highest quality. British embassies around the world are embellished with some of Terence Facey’s finest work – and his new brand is shaping up to be just as alluring. The Oak & Iron range from the award-winning Facey is described as chunky furniture which is made using environmentally sound manufacturing processes from sustainable, locally sourced materials. The unique designs combine beautiful green oak with hand-crafted iron into contemporary design at affordable prices. Not one for waste, the company creates matching accessories from the off-cuts to fit in with its ‘no waste’ policy from felled trees.Not only will investors into this business have the opportunity to help grow this brand from a high street business into a household name, they will also receive fantastic rewards in the shape of savings on beautiful furniture as well as gifts.Founder Terence Facey swapped his day job for his passion of making furniture way back in 1971, and has grown his furniture manufacturing knowledge ever since. He has extensive experience designing, producing and supplying furniture in both the UK and the US, and has supplied to well-known names such as Harrods and actor Harrison Ford in the past. www.oakandironfurniture.co.uk
days to go:
Expired
investment:
£10,200
