Novai is a UK biotechnology company, developing and commercialising transformational technology in ophthalmology. The company's initial focus is on ophthalmic disorders such as glaucoma and AMD (Age-related Macular Degeneration). Novai argues that current clinical endpoints lack early disease biomarkers to objectively detect and measure cell health and response to treatment in the retina. Novai asserts that its proprietary biological marker, DARC (Detection of Apoptosis in Retinal Cells), combined with its bespoke and patented Artificial Intelligence (AI) aided algorithm, allows, for the first time in vivo, identification of cellular-level disease activity in the retina. Novai stresses that DARC can also predict disease progression, allowing for enrichment of clinical trial cohorts. The company anticipates an exit via licensing of its biomarker business to a Contract Research Organisation (CRO), an Initial Public Offering (IPO) following a successful phase 3 trial of the diagnostic platform, or trade sale to a strategic pharmaceutical company.
days to go:
Expired
investment:
£1,314,967
A versatile spicy peanut chutney that can be used as a spread, marinade, dip or condiment. Kit's Peanut Chutney is homemade using natural ingredients, as well as being vegan nad gluten-free. The company is seeking investment mass produce their products and increase the number of stockists that list their range.
Currently, the products are stocked by nine independent retailers and new outlets are being added every day. To date, more than 600 jars have been sold. By increasing their production, they aim to lower the cost of their products whilst yielding a 73% gross profit margin per jar sold. Wholesaling will yield a gross profit margin of 44% per jar.
days to go:
Expired
investment:
£102,510
Environmentally friendly and nutritiously rich plant-based meals enjoyed by everyone, at any place, any time. The Brook have been serving thousands of customers over the past 5 years at their restaurants and are now launching their ready-to-cook and ready-to-eat vegan foods. The company already has hundreds of customers signed up to try their new ranges and have received press coverage from the BBC.
The new products will be distributed via e-commerce and will be shipped directly to customers. Furthermore, The Brook is currently in discussions with independent and major retailers to sell their products, as well wholesalers including pubs and other restaurants. Funds raised will be used to purchase kitchen equipment, hire staff and carry out marketing campaigns.
days to go:
Expired
investment:
£170,481
Paradym is an emotional intelligence (EI) coaching application. After identifying EI as the pillar of happiness and wellness, Paradym app has been designed to help people live their fullest and happiest lives and, in turn, promotes both their personal growth and wellbeing. Since its launch in 2018, it has signed a contract with Quiqup, its first B2B client and joined WeWork incubator, giving it access to 300k members. Moreover, it has also seen organic growth in its user base and in its international reach. Paradym's plan for 2019 is to increase its user base by investing in marketing and developing content to trigger sponsored content and product revenue. Its immediate revenue focus is 10% of the UK startup market which stands at £240M.
days to go:
Expired
investment:
£430,360
Winebuyers connect vineyards and wine merchants directly to the end consumer revolutionising a traditional industry. They make their revenue by charging the suppliers a monthly fee and have had 2,700 companies registering their interest to be involved in the platform. The funding will go towards strengthening their infrastructure, extending their marketing activities and to growing the business quickly and efficiently.
(SEIS Partial)
days to go:
Expired
investment:
£568,870
Craft beer brewed for family and friends with inspiration from 1980's nostalgia and arcade games. Play Brew use a combination of US hops with British Malts and is brewed in the UK. The company has produced around 5,500 cans and their products are sold in 33 outlets. They are the only brewery serving the local community within a radius of 19.5 miles and are seeking funding to open a taproom as a means to expand and grow the business.
days to go:
Expired
investment:
£157,770
247 babysits have developed a babysitting app for parents and sitters across all platforms: iPhone, Samsung, Android and the web. They aim to connect parents with highly qualified and trusted sitters.
days to go:
Expired
investment:
£142,340
Pronto POS redefines the dining and retail industry with its innovative point-of-sale solution, seamlessly combining offline and online operations. The platform simplifies the management of multiple delivery platforms, removing the reliance on third-party services like Deliverect or Otter.
Merchants can easily access and customize Pronto POS, swiftly upload and configure menus, and effortlessly connect with major delivery partners such as Deliveroo, Uber, and Just Eat, streamlining their business operations.
days to go:
Expired
investment:
£257,291
Lost At Sea (LAS) is an independent lifestyle beer brand that targets adventurers. The company has sold 26,000+ beers since 2019, with its products stocked in 50+ outlets. LAS claims that its new online shop has a 21.82% conversion rate and an engaged community of over 30,000 people. It also points out that since its first brew in 2019, it has seen substantial growth in demand, and as a result, provides kegs to its flagship stockist to ensure they have a constant flow of stock. The company has made over £1,000 Royal National Lifeboat Institution (RNLI) donations to date. They intend to use the investment to build a community of like-minded beer lovers, launch a flagship bar in Abersoch, North Wales to advocate local produce and sustainability, create a scalable bar concept for future expansion in other coastal towns, and hire personnel to drive product innovation and sales.
days to go:
Expired
investment:
£82,351
Buyerdock is a Software as a Service (SAAS) global discovery platform that allows retail buyers instant access to compliant ready brands through the company's intelligent cloud technology. Buyerdock enables each supplier to upload details like product information, barcodes, images, and pack size on the portal. Retail buyers can then scrutinise all the available information within specific product categories and select the inventory they wish to purchase intuitively. Buyerdock received a mention from the former CEO of Sainsbury's that the former will speed up the buying process from 6 months to under 3 for retail buyers. The company is in talks with the top six UK retailers, such as Tesco, Marks & Spencer, Home Retail Group, Sainsbury's, Asda, and Morrisons. It will use the investment to grow its business and target the approximate 306,000 retail outlets in the UK, of which around 200,000 are independent retailers.
days to go:
Expired
investment:
£121,157
