KegTracker is a company that has launched an innovative Internet of Things (IoT) enabled device that turns kegs into smart containers. The device tracks real-time location, volume, temperature and motion for each keg in order to create reports & insights that enable a sustainable supply chain. The company asserts that a lack of transparency in managing kegs has led to annual industry losses of £1.4 billion+ in theft and spoilage, £1 billion+ in poor distribution, and £500 million+ in suboptimal production and lost containers. KegTracker argues that its device can reduce these losses significantly. The company has developed a working prototype, filed a patent and received letters of interest from leading UK breweries, coffee roasters and Wales National Health Service (NHS). In 2019, the company featured in Startups Magazine and were finalists at FutureFood Awards, London & Partners BGP, and Pitch@Palace. It will use the investment to bring its product to more markets.
days to go:
Expired
investment:
£511,428
Immersionn™ is a Virtual Reality discovery engine for immersive content. This engine works with fast speeds and low latency providing 5G networks that are the perfect go-to-market vehicle for Immersionn. This platform is accessible via smartphones, virtual reality headsets and laptops. Immersionn has the potential to work globally with 5G Telco operators and other vertical markets (e.g Transport, Mobile OEMs) that benefit from proposing Immersionn’s offering to its customers. Immersionn’s founder is a member of the UK5G Creative Industries working group, supporting the acceleration of the immersive sector adoption of 5G.
days to go:
Expired
investment:
£110,300
DelivrMe aims to be a delivery app that makes it easy, fast and safe for users to order anything, anytime, anywhere. The company acts as the user’s shopper by equipping all its riders with a pre-paid card who then shop, pick up or drop off the user's items within 30-45 minutes at the user's specified location. The company plans to charge a delivery fee and a one-time service fee to the customer for placing an order. DeliverMe was awarded a £50,000 grant by the UK Government’s innovation agency and aims to be a contender in the food on-demand delivery industry that is projected to reach £61 billion in 2021. It was also a 'Young Start-up' Talent finalist. The company's iOS and Android apps are developed and ready to launch. It will use the investment to complete its technology development and fund its service roll-out plan.
days to go:
Expired
investment:
£249,994
Good Club is an online grocer that aims to sell sustainable household food and products across the UK. The company's sales have grown from £18,000 to £234,000 in May 2020. The potential demand for sustainable food and products is £61 billion in the UK, and the company finds itself as a strong contender in this domain. COVID-19 has led to an increased interest in home-delivered grocery products amongst consumers. Good Club responded to this by opening its first distribution hub in North London. It has also carried out a 'Life Cycle Analysis' of its proposed process and prototype packaging to ensure that its sustainable and eco-friendly. The investment raised will help the company grow its revenues, establish scalable marketing foundations for future growth, and roll out 'Closed Loop' service to strengthen customer loyalty.
days to go:
Expired
investment:
£1,001,337
Mass Financial is a next-generation banking system that helps in creating a personalised account via a smartphone or any other device. The company's app allows users to treat assets equally such as fiat currency, precious metals, and investment assets, monitor spending and create budgeting patterns, transfer money instantly, and avail cashback offers. All of these features, the company proclaims, are backed by blockchain technology for optimum security. Mass Financial has passed a pre-application for an EMI (Electronic Money Institution) license and received rave reviews at the 2019 Web Summit in Lisbon, Portugal. The company will use 50% of the investment received to deposit the required capital reserves in the Central Bank of Lithuania for the EMI license approval, 30% for setting up integrations with MasterCard, SEPA and S.W.I.F.T. SCRL systems, and 20% for hiring human resources.
days to go:
Expired
investment:
£246,232
FounderTribes helps budding entrepreneurs get access to advice, connections, and capital from established founders via its educational app. It argues that around 581 million people will never gain access to Venture Capital (VC) funding or avail meaningful entrepreneurial education. FounderTribes intends to change that and become a contender in the Education Technology (EdTech) market worth $5 trillion. Users can use the app to get personalised feedback from FounderTribes's community of seasoned entrepreneurs and investors, get actionable tips from industry-specific networks to work on problem areas, and avail alternative financing to start and scale their business. FounderTribes has raised £700,000+ as part of this round, onboarded over 400 investors and 500 mentors on its portal, and signed its first paying customer, Capital Enterprise, with £20,000 worth of subscriptions. It will use 76% of the investment for HR costs, 10% towards video content creation, 3% towards IT expenses, 2% towards marketing expenses, and 8% for general operations.
days to go:
Expired
investment:
£805,960
Beacon is a company that offers software and supporting services to help a client optimise their digital marketing efforts and improve their marketing Return-on-Investment (ROI). The company offers clients services like campaign management, PPC (Pay Per Click) campaign analytics, social media analytics, and anti-fraudulent click system etc. Using the company's portal, marketers can compare costs and revenue across all digital channels, channel by channel, and with their off-line marketing efforts. Beacon aims at removing ‘non-human clicks’ and giving direct independent attribution of emails, posts, ad’s, etc. to specific website actions and business goals thereby improving engagement and reducing costs. According to Stratistics Market Research Consulting, the web analytics tools market is expected to reach $4.9 billion by 2022, growing at a Compound Annual Growth Rate (CAGR) of 20.8%, in which, Beacon aims to be a leading contender. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£240,000
Noveltea is a premium alcoholic tea brand launched in Fenwick in April 2017. The company's products are vegan, gluten-free and low in sugar, and manufactured in minimalistic & up-cyclable lifestyle packaging. Thanks to its low-Alcohol by volume (ABV) portfolio, the brand has sold 350,000 bottles since its launch in 2017. The company experienced more than £100,000 worth of sales in April 2020 despite COVID-19 due to smart e-commerce channel utilisation. In 2020, the size of the global alcoholic drinks market is $1.587 trillion and is forecasted to grow by 3.5% (CAGR) over the next three years. The brand aims to become a major contender in this segment and grow its business. The company use the investment to focus on its core markets in the UK, Germany, and China, and enter the USA by 2020.
days to go:
Expired
investment:
£558,845
Genomes.io is a safe and private DNA data storage application resolving the problem of DNA data breach and exploitation. It helps the users to store, manage, promote and arrange their genomic data in order. The company is a member of Consensys Labs Tachyon II Accelerator 2019. It has also signed MOU with TenX Health VC for lead investment and board position and, it is in discussions with Pharma & Biotech co for establishing partnerships. The company is seeking funds to bring its B2B and B2C products to market.
days to go:
Expired
investment:
£1,035,370
StanMe aims to be the first community marketplace to enable collaboration and co-selling between independent creators. It asserts that the majority of creators have to continuously learn techniques to market themselves, adapt to social platforms’ ever-changing algorithms, and grow and maintain a large community to generate a sufficient amount of sales. StanMe claims that not all can do so and intends to address this situation with its services. It launched its public beta in July 2020 with more than 1,000 users and has processed over 130 transactions since its beta launch. StanMe claims it has more than 1,900 pre-registered users on its waiting list and aspires to become a contender in the creator economy valued at $11 billion in 2019. It will use the investment to accelerate its growth, invest in technology, and boost marketing initiatives.
days to go:
Expired
investment:
£164,080
