Appetise is an online market place that connects consumers with local takeaway restaurants. Consumers order food on their smart phones to be delivered by the restaurants to their homes. They currently have 60,000 registered customers and 370 restaurants partnered in the UK and are looking to expand town by town and become a key player in this market.
days to go:
Expired
investment:
£129,800
QFinds is a purpose-built hiring tool that enables employers to easily and efficiently pre-screen candidates, conduct interviews and generate employment contracts. The company asserts that it is a UK government vetted 'Kickstart Scheme' representative and can get small businesses grants to hire interns having already processed over 100 job applications. QFinds claims that its app has been downloaded 2 million+ times garnering 24,000 reviews averaging 4.8/5 stars. QFinds also points out that bad hirings cost the UK up to £6.7 billion in turnover, productivity, and training. It seeks to change this and disrupt the £39 billion recruitment market. The company has partnered with notable entities like University College London, Kings College London and Brunel University London, intending to use them as strategic partners to increase job seekers signing up to and using its app. QFinds will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£222,866
Occuity seeks to develop revolutionary non-invasive screening and monitoring devices for chronic diseases like diabetes and Alzheimer's. It argues that its device safely shines a low power beam of light into the eye and then collects and analyses the return signal to accurately measure structures within the eye and detect changes associated with the onset of the aforementioned diseases. Occuity is targeting three distinct markets, namely Ophthalmology, Disease Screening and Disease Monitoring, which is worth an estimated $35 billion per year. It claims that its 'Occuity Indigo' product enables earlier detection of diabetes and provides a non-contacting, pain-free glucose monitor. Occuity was awarded over £1.5 million as part of the Innovate UK grant for the development of technology within Occuity Indigo. It has also signed a partnership with one of the UK's leading ophthalmic distributors, Birmingham Optical, to distribute its PM1 pachymeter device. It states it will use 42% of the investment towards Research and Development (R&D), 23% towards sales and marketing, 20% towards management and finance, 9% towards managing CAPEX and NRE, and 6% towards paying fees.
days to go:
Expired
investment:
£2,854,857
EMIXIT has built a B2B ecommerce platform wholesaling products from UK suppliers directly to trade buyers across Europe. Over 40 brands with 250+ products have already registered on the platform paying a fee. EMIXIT allows buyers to make up mixed pallets from different suppliers, in their local language, over labelled and delivered to the door – a “one-stop-shop”. Their service is aimed at buyers from small retail or foodservice chains to large multiple supermarkets and hotel/restaurant chains. www.emixit.eu.
days to go:
Expired
investment:
£58,320
TOG designs handmade kitchen knives that are forged in the Samurai sword. By working with craftsmen in Seki, Japan, this company has produced knives and a brand that met its customers' needs. It has been endorsed by ten Michelin star chefs and appeared on cooking shows such as Masterchef. In 2017 and 2018, TOG Knives reached 18k profit (EBITDA £19.5k). Currently, it is aiming to be the UK's No.1 premium knife brand by helping people realise how enjoyable food preparation is, only if, one owns the right knife. With the fund raised, it will purchase stock, grow its team, shift its staff to full time and hiring new people.
days to go:
Expired
investment:
£193,810
Chip is one of the fastest-growing Fintech companies in the UK. Chip has built an app that uses the user's banking app to make personalised decisions about their money. Its user base has doubled since its previous fundraising in 2018. The company has 153,000 accounts, and it has processed more than £130m of savings. ChipX is the company's revolutionary returns platform and it has a waiting list of more than 50,000 people. The company is a winner of the British Bank Award, 2 Crowdcube awards, and 1 World Banking Award. It has welcomed many management executives from Funding Circle, Monzo, and Purple Bricks. Chip is now scaling with market-leading returns on ChipX. It aims to build the biggest savings account in the world. With the proceeds, the company will double its team and expand ChipX in the €10 trillion European savings market.
days to go:
Expired
investment:
£3,768,260
A grocery retailer and kitchen combination, for customers to purchase essential food whilst drinking a coffee. Melrose and Morgan currently operate in two locations; Hampstead and Primrose Hill. They are now seeking funds to expand their business further in London, with the aim of opening two stores in 2019 and totalling 10 stores by 2022. The company has been trading for almost 15 years and has their products listed in other retailers, including Selfridges, Ocado and independent shops.
Melrose and Morgan own more than 50 SKUs and source their produce from small businesses in the UK. The company has recently restructured, which has resulted in refurbishing their two existing stores, upgrading their website and investing toward research and development of new products and fine food.
days to go:
Expired
investment:
£115,600
Halo Coffee (HC) makes 100% home compostable biodegradable coffee capsules. It has sold its products to more than 9,000 customers across 70 countries. The company has generated 45% of sales revenues by subscription customers having a more 40% retention rate. HC was the winner of Sky: Beyond Plastic category at the tve 2019 Global Sustainability Awards. It has also signed a partnership with The Perfect World Foundation, and onboarded noted environmentalist, Sir David Attenborough. HC is the official sponsor of the British Olympic Sailing team. The company is planning to launch Halo Coffee Germany (GmbH) in 2021. The company will use the investment to build brand awareness, further develop sales, drive customer acquisition, expand product portfolio, strengthen the team and build Capsule Generation II.
days to go:
Expired
investment:
£349,160
Deciwatt develops renewable energy solutions and its new product (nowlight), creates instant power and light from the pull of a cord. This company created 'nowlight' leveraging on the success of its first product ‘GravityLight’, which had secured media coverage from around the world, won many awards and was sold by major retailers like Best Buy and Walmart. Additionally, it has been awarded a new £173,788 grant from Innovate UK to integrate Pay-As-You-Go technology into nowlight. Further, this company has a pending registered trademark on the nowlight name and a patent pending on the manual power generation mechanism. It will invest the fund raised in implementing its marketing plans, further product development, and scale up its marketing activity and develop its business.
days to go:
Expired
investment:
£519,607
Wilton London (WL) is a B Corp that creates eco-friendly home care products packed with essential oils and sells Direct To Consumer (D2C) via a subscription service. The company argues that traditional home care products are loaded with nasty chemicals that are harmful to the environment. WL aspires to change this with its products. The brand has signed partnerships with stockists like Ocado, Holland & Barrett, Robert Dyas, Lakeland and Farmdrop, established an eCommerce business with 10,000+ D2C sales to date, and has 11 products in the detergent and cleaning categories. They have featured in publications like Ideal Home, Metro, Stylist, and Daily Mail. WL states they aim to become a contender in the UK Household cleaning market valued at £3.7 billion. The company states it will use 40% of the investment to fulfil large stock orders and boost new product development, 30% towards furthering business development and recruitment. and 30% towards acquisition and retention marketing to expand its subscription model.
days to go:
Expired
investment:
£540,172
