Viritech is a clean technology engineering company that is using F1-derived engineering to develop hydrogen powertrain solutions and related technologies for the automotive, aerospace, marine and distributed power industries. Viritech asserts that the Hydrogen Council forecasts that hydrogen will meet 18% of global energy demand by 2050. It aims to capture this demand through its technologies. Viritech argues that its location in MIRA Technology Park allows it access to R&D facilities used by many of the world's major automotive manufacturers, allowing it to scale its resources to meet the demands of every type of project. Viritech will use the investment to produce test hydrogen tanks, build the Apricale hypercar, complete designs for a Heavy Goods Vehicle (HGV), Sport Utility Vehicle (SUV) and a power generator, plan a larger raise and listing on AQuis Stock Exchange (AQSE) in 2022, and eventually commercialise its technology with its partner.
days to go:
Expired
investment:
£726,807
Byrd is a coaching platform that works around everyday life to keep people running. It asserts that its unique EQAI-coach uses 1 billion variables to coach people to their goal, whether that’s simply to remain healthy or to hit a specific event. The company estimates that 200 million people were running globally in 2018. It seeks to target this group and become a contender in a fitness market that is estimated to be worth $2.4 billion. The company has created and tested two beta versions of its Android and iOS apps. It points out that it has conducted surveys involving hundreds of runners clocking in 20,000 km of running and incorporated that data into its portal. Byrd argues that its app has been built on Google Cloud infrastructure and is ready to horizontally scale. It will use 40% of the investment in product evolution, 20% in acquisition, 23% towards marketing, and 17% towards enriching customer experience.
days to go:
Expired
investment:
£266,836
Cornish Lithium intends to set up an environmentally-responsible and unique lithium extraction industry in the UK. The company has acquired exploration rights for lithium and other battery metals across Cornwall. Extensive mineral rights agreements have given the company a first-mover advantage in Cornwall. The funds raised will be used to support research over the next 12 months, which includes sample collection, in order to completely understand the battery metal potential of Cornwall.
days to go:
Expired
investment:
£1,430,640
Tred is the UK’s first green debit card that lets users track, reduce and offset their carbon footprint as they spend. The company plants trees with every sustainable purchase the user makes. It aims to become a contender in the challenger financial technology market that is projected to be worth £365 billion by 2027. Tred won the 'Pay360 Award' at the 2021 Fintech Pitch Live event and has featured in the Evening Standard. It will use the investment to launch the Tred card to the public and develop more features like a personalised carbon coach and green investment options.
days to go:
Expired
investment:
£1,000,004
Tandem give people the opportunity to plug in all their accounts into one place. It does all the hard work for you while you go out and enjoy yourself. Tandem is always analysing everything you do, saving you money and offering you useful recommendations based on your behaviour.
days to go:
Expired
investment:
£2,341,679
InvestMyCommunity, trading under Karadoo, offers digital fundraising services to 1.5 million community organisations in the UK. The company argues that organisations need to urgently digitise donations they receive in cash each year in the face of rapid cash decline. Karadoo asserts that its digital services solve this situation. The company is Financial Conduct Authority (FCA) authorised, offers donation fundraising, and plans to shortly offer micro-loan and micro-equity options on its platform. Karadoo has invested over £400,000 in highly automated platforms with low risk. It asserts that its hybrid operating model offers easy scalability as well as efficiency. The company claims that the introduction of contactless donation terminals in 2021 will strengthen the company's credibility. Karadoo intends to exit via a trade sale to a competitor or a software provider.
days to go:
Expired
investment:
£200,000
A financial intelligence service that provides personalised data for clients in the professional business industry. CityFALCON collects information from numerous sources in over 30 languages and structures it in a format to meet the user's specific requirements. Partners of the business include Bloomberg and Twitter, whilst clients such as BNP Paribas and Raffeisen Bank utilise the service.
CityFALCON currently generates revenue via API licensing fees for B2B and B2B2C firms at a fixed monthly price. They will also be launching premium subscriptions in 2019 that will consist of non-public data and pay-walled information for a recurring monthly fee. The business can be accessed through their website, or via iOS, Android, Amazon Echo and Google Home apps.
days to go:
Expired
investment:
£746,955
Established in 2011, Crowdcube has become the market leader in the equity crowdfunding sector. The company has a 40% share of the UK market with over 620,000 investors registered on the platform that have invested more than £561m in pitches. This has resulted in nearly 800 successful campaigns and Crowdcube's revenue increasing by 33% from H1 2017 to H1 2018. Funds are being raised to scale the business by expanding further in the UK, as well as overseas.
days to go:
Expired
investment:
£7,918,180
IO-CO is an ideation company engaged in reducing the risk of launching consumer products. With its unique designing and prototyping methods, it allows market validation at a very early stage in the development cycle. Within a short span of 7 months, IO-CO is ready to commercialise 4 new products and is on the brink of forming an alliance with a sizable financial and technical partner.
days to go:
Expired
investment:
£430,005
Husky is the UK’s only open, SaaS platform for workplace pensions. For employers, the platform deals with legal and compliance burdens of auto-enrolment while helping reduce pension costs. For individuals and company directors, the app is instrumental in bringing profitable and responsible investments with the Husky for Everyone app. And for advisers and accountants, it ensures strong client relationships amidst transparency and efficiency. Close to 1.4 million employers & 22.6 million workers are affected by the UK’s automatic enrolment (AE) legislation. Within this market, a conservative estimate of fees charged on employees by pension providers is £2 billion a year; Husky aims to disrupt this market & is ready to scale. Its method of operation has led to it achieving important milestones. With more than 1000 firms onboarded, a 92% renewal rate, and an average annual fee of £438, Husky charges its onboarded firms (including Crowdcube) with monthly recurring fees laid out as part of a 3-year subscription model. With the funds received, the company aims to disrupt the relatively stagnant workplace pensions industry with innovative products and empower its customers.
days to go:
Expired
investment:
£417,338
