Marine Power Systems (MPS) is a company that has developed a technology that can harness wind power, wave power or combined wind and wave energy at grid scale. MPS estimates global electricity consumption as a £2 trillion annual market that is growing with a need for harnessing renewable energy sources. The company's mission is to be a world leader in the manufacturing and supply of marine energy extraction hardware. MPS completed a multi-million-pound project to design, manufacture and sea test a 1:4 scale prototype at Falmouth, UK. The company will use the investment to match-fund £17 million of non-dilutive government grant funding that is already secured for a project to design, manufacture and test a full-scale device demonstrator that will prove the technology is ready for commercial scaling.
days to go:
Expired
investment:
£2,151,815
Mami Wata (MW) is a purpose-led, premium African surf lifestyle brand on a mission to redefine the global surf market. MW asserts that it has collaborated with luxury brand 'Moncler' and partnered with renowned stockists including Mr Porter and Huckberry. It aims to be a contender in the $9 billion global surfing market. The company argues that it manufactures all of its products in Africa, having launched in Cape Town, South Africa in 2017. It has also shipped 1200+ copies of its AFROSURF art book to 39 countries along with funding a surf therapy clubhouse in Harper, Liberia. MW has sold products to 7,500+ customers generating more than £400,000 in revenue to date. The company has featured in global media entities such as CNN, GQ, Wallpaper, Monocle, and HypeBeast. MW will use the investment for its international launch in the USA.
days to go:
Expired
investment:
£1,168,393
Thefullworks are an end to end E-commerce service, providing webshops, storage, and distribution. They aim to make online stores available for all size businesses by using a single, hassle-free platform which handles all online retail sales, from the sale to delivery. The system can work with countless integrations and easily syncs to many other systems.
days to go:
Expired
investment:
£138,710
Den has designed the next generation of live switches and plug sockets for the world. Unlike an ordinary switch, one can control the Den switches from the tap of an application. Back in 2015, Den was simply an idea, since then the company has developed a range of eleven products and a beautiful, user-friendly smartphone application that works across IOS and Android. Den is now an experienced team of 24 people with offices located in London and Poland. The company’s team consists of engineers, developers, and designers. The company has received a tremendous amount of interest from retailers, wholesalers, and home builders. With the proceeds, the company aims at launching an entire range of new products and build its sales and marketing significantly.
days to go:
Expired
investment:
£273,190
Aardvark is a company that manufactures dry kibbles for dogs and cats using insects as the source of protein. It has partnered with VC backed insect farm NextProtein. The company claims that its products meet the nutritional needs of pets while creating a smaller environmental footprint than pet food that uses animal meat. It also asserts that insect protein is endorsed by the British Veterinary Association. The company has developed its kibbles to be grain-free, consist of seaweed and other natural ingredients with no fillers. The UK pet food market is poised to grow to £2.9 billion in 2020, and the company aims to be a sustainable manufacturer in this segment. The company requires investment to assist in manufacturing its first batch of pet food, help market its products to pet owners across the UK, and expand into Europe by 2021 and the U.S by 2024.
days to go:
Expired
investment:
£300,290
Tethered Drones Systems Limited (TDS) builds and develops autonomous tethered drones for use in surveillance and communications scenarios. Its product, Tethered UAV, exhibits a flight duration of 24 hours or more with secure communication via a tether. The platform can carry a range of payloads to meet client needs. The company asserts that the product has multiple uses for broadcasters such as telecasting outdoor sporting events. The UAV's blue light services, including search and rescue, holds prominence in high-risk maintenance inspections for oil and gas platforms and wind farms – both on and offshore. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£73,125
Graphene Composites (GC) is a nano-materials technology company engaged in creating strongest, lightest, and most resilient materials. Using graphene and aerogels, GC creates high-performance composite armours, aerospace and renewable energy products. GC Shield active shooter protection for schools has received strong support from politicians, police and school authorities in the US and signals noteworthy revenue and profit potential.
days to go:
Expired
investment:
£497,020
3RD ROCK is a sustainable activewear brand that aims to make the best and most ethical climbing clothing in the world. It claims that it has developed a worldwide reputation for making extremely comfortable, better fitting, Made-To-Move garments that perform on the rocks, meet high ethical standards, and transition seamlessly into a user's everyday life. The company has witnessed a 215% growth in the last twelve months despite COVID-19, sold over 65,000 units, and garnered £1.3 million in revenue to date. The company has also acquired knowledge from the Goldman-Sachs accelerator programme. It has recycled over 12,000 plastic bottles into its garments and over 1 tonne of sea waste in its leggings and bra-tops The company will use the investment for range expansion with new innovative product lines, build up its Direct-To-Consumer (DTC) model further, and hire key personnel.
days to go:
Expired
investment:
£393,439
Ace+Freak is a Ready To Drink (RTD) cocktail for Millennials and future generation Z consumers. Its mission is to disrupt the £630 million UK RTD market, offering an impeccable tasting product. The company asserts that it uses only natural and vegan-friendly ingredients in its products. It points out that it has put 125,000 cans in hands to date and has 8,500 followers on Instagram. The company has more than 125 strategic business to business customers and a nationwide UK distribution. Ace+Freak was voted 'Best cocktail RTD' at the International Canned Challenge competition. The company has seeded the brand within culturally relevant events to its millennial customers including Adidas, Beats by Dre, Max Factor and Saatchi Gallery. It will use 35% of the investment for operational excellence, 45% for marketing, and 25% to hire personnel.
days to go:
Expired
investment:
£176,410
Adande Aircell®Limited (AAL) is an airflow management system designed to fit into the current cabinet designs to minimise and reduce energy usage, improve temperature stability, and stop cold air falling out. It significantly improves the efficiency and performance of the refrigerator. The Aircell® technology is protected by a bunch of series of patents filed internationally and in the UK. With the proceeds, the company will manufacture and sell the whole unit and create a secondary stream to ensure that the company can demonstrate the technology through trade shows and in-store demonstrations.
days to go:
Expired
investment:
Withheld
