Charm is a peer-to-peer impact investment platform that allows a user to use his/her investments to drive positive change in the world while earning a financial return. Morgan Stanley estimates that 85% of people are interested in sustainable investing. Charm enables individuals to fund projects led by high-impact entrepreneurs selling clean energy solutions in developing economies. Users can view their investments on the company's transparent, personalised impact investment dashboard, as well as, earn social, environmental and financial bottom line returns for their contributions. The company secured a £496,000 grant funding to develop its platform, refine its offering & provide growth capital. It is in the process of becoming an appointed representative of a Financial Conduct Authority (FCA) authorised entity post this funding round. It will use the investment to expand its team, develop its platform, and raise brand awareness.
days to go:
Expired
investment:
£273,720
Docandu is an innovative digital health platform designed both for patients & doctors, making digital healthcare accessible from anywhere. Docandu aims to be a key tech health service provider, starting from Greece, improving the existing national and private health care services. The global digital health market is estimated to be worth $536 Billion by 2025. To date, they have developed two separate apps for doctors and patients. They have also received an angel investment of 100,000 Euros and sponsorship of $25,000 from Microsoft. The company has initiated early-stage relationships with a couple of Greek public and private health entities. With the proceeds, they will execute their go-to-market strategy and make global health ID a reality, by expanding its affiliate network of doctors, health providers and public health systems.
days to go:
Expired
investment:
£70,900
Wren & Fraser contribute towards third party costs of all funeral plans sold in the UK and guarantees to cover funeral services. The companies aim is to secure their customers desired funeral with their funeral plan provider and let the representative make their arrangements at a later date. Wren & Fraser have developed OnePlanwhich is a simple funeral plan that provides clarity in a confusing market. OnePlan is a comprehensive plan with no hidden costs. The company is planning to raise £2.0m for 20% of the company’s share capital, which intends to use to market its unique funeral plan – OnePlan - nationwide.
days to go:
Expired
investment:
£205,000
ePOS Hybrid has developed a fully connected ePOS platform dedicated to the hospitality food industry. The company is on a mission to empower hospitality businesses to harness technology to improve the business operations, customer experience and profitability. Till now, they have secured an enterprise customer with locations throughout the UK and, in just 8 months, scaled from 0 to 200 customers, processing more than 400k orders. With the proceeds, the company plans to accelerate growth by increasing its market awareness and boosting sales.
days to go:
Expired
investment:
£363,830
Luas Diagnostics (LD) aims to develop and market easy-to-use, rapid and accurate diagnostics tests with the aim of deploying these tests in remote settings away from centralised testing laboratories. The company has signed an exclusive distribution agreement with Chembio Diagnostics Systems (CDS) in the USA to market its Covid-19 antibody and antigen tests in the UK and Ireland. It has also signed a Memorandum of Understanding (MoU) with the University of Birmingham to develop saliva-based, rapid Covid-19 tests. LD is also working on coming up with a therapeutic drug monitoring system based on the same technology used worldwide to test people with diabetes for glucose levels in the blood. The company is developing the system so that it can be used at home, in pharmacies or GP surgery. The first product will test for Theophylline which is used to treat Chronic Obstructive Pulmonary Disease (COPD). LD will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£326,190
Podcast Radio (PR) is the Ofcom-licensed UK digital broadcast radio station showcasing podcasts 24/7 globally. It is currently broadcasting in Surrey, Manchester, London, and Glasgow. Podcasting is expected to become a $3.3 billion industry by 2025. PR aims to be a disruptor in this segment. PR got front-page coverage in the international edition of Radio World magazine and has onboarded US radio Disc Jockey (DJ) Gene Baxter. The company will use 15% of the investment to secure digital radio broadcast transmission in 5 more UK cities by the end of 2020, 15% to partner with applicants for new digital radio transmitters, 15% to create a PR-led UK marketing campaign supported by social media, 25% to recruit new staff members, 10% to develop its on-air content, 10% to develop its website and application, and 10% to build new business partnerships to drive the international expansion of the company.
days to go:
Expired
investment:
£149,023
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
Handset Expert (HE) is a company on a mission to help a customer select his/her next phone or SIM card in a quick, cost-effective, and easy manner. HE claims to provide all the information customers need when buying a new phone and/or SIM and streamline every step of the process. In 2018, 28.8 million handsets were sold in the UK. 61% of consumers expect to buy a new phone in the next two years, and the advent of 5G will usher a new generation of devices. The company, having undergone a thorough test and build phase, believes that it is in a suitable position for a full launch with a comprehensive go-to-market plan in place. It has featured in publications such as The Guardian, The Sun and The Mirror, been recommended by MoneySavingExpert and received Ofcom accreditation. It will use the investment to grow its business across different verticals to become the UK’s go-to mobile recommendation service.
days to go:
Expired
investment:
£286,670
Doodle Drinks (DD) aims to make all-natural soft drinks that kids can enjoy. The company cites research data arguing that children aged 18 months to 18 years are drinking 26% fewer sugary drinks and consumption for 10-year olds has fallen 35%. It wants to capture this sentiment and deliver a soft drink that's a healthy choice for both parents and their kids. DD has secured distribution with the noted distributor, Bravura Foods. It has also signed a partnership with the largest independent bottler of beverages in Europe and North America, Refresco, who have over 60 manufacturing sites globally to fulfil its objective. DD will use the investment to grow its business, execute its marketing strategy and increase its product range.
days to go:
Expired
investment:
£877,830
Intellibonds is an AI/Human collaborative investment platform for fixed income institutional investors. The platform analyses the users' objectives and renders intuitive financial analytical data for the user to make the correct investment decision with the click of a button. The modular AI-enabled assistants (virtual workforce) support workflow and augment decision-making of credit analysts, portfolio managers and traders (in development). In 2019, IntelliBonds joined Fintech Sandbox accelerator and Microsoft programme for startups. In 2020, the company made data partnerships with Refinitiv, S&P Global Ratings and BondRadar, as well as, formed a strategic partnership with University College London (UCL). The company will launch two modules; a Virtual Credit Assist (VCA) and Virtual Portfolio Assist (VPA) to further simplify the process of financial investments. It will use £225,000 of the investment for product development, £50,000 for distribution channels, and £25,000 for patents, trademarks and other legal/advisory fees.
days to go:
Expired
investment:
£383,275
