PassivSystems are backed by venture capital and the founder of New Energy Finance. They have raised £20m to date and have become a leading home energy management company with over 40,000 solar PV systems under management in a market of over 800,000 systems.
days to go:
Expired
investment:
£44,610
HalalEat is an on demand marketplace platform with listings of halal verified menus for Muslim consumers. Halaleat.com is, to their knowledge, the UK's first online takeaway portal listing halal takeaways and restaurants for the growing Halal food martket.
days to go:
Expired
investment:
£115,933
The Noo aims to redefine the delivery space by facilitating the delivery of anything, anywhere, anytime from a single application. It is on a mission to create a new micro-logistics delivery platform with no infrastructure needed besides a smartphone. The company also aspires to create a space where the local high street can compete with today's delivery giants. The Noo is backed by serial tech entrepreneur, Ant Sharp. The company has collected substantial data and insight, after 1.5 years of R&D and testing, to cater to the needs of its target audience and produce an app capable of changing the way things get delivered. It has also gained over 440 'Confirmation Of Interests' (COI) from potential investors willing to back the product. The Noo will use the investment to cover marketing costs, app development and maintenance costs, and general business running costs.
days to go:
Expired
investment:
£47,828
Koor is an application that enables choral singers to improve their vocal technique by interacting with personalised online guidance driven by machine learning-based algorithms. The company asserts that over three-quarters of people who sing in choirs struggle to learn their parts due to their inability to read music fluently. Koor aims to change this with its app. It is also developing AI functions that will help singers improve pitch, sound quality, breathing and pronunciation, which will form the backbone of its premium subscription. Koor was ranked 28th in noted organisation Tech South West's Top 50 Most Innovative Startups in June 2020. Koor won the £175,000 Sustainable Innovation Award from Innovate UK in August 2020. The company will use the investment to hire more software engineers to speed up its premium app functionality, record the most commonly sung choral works, and acquire more users through presenting online activities till COVID-19 persists.
days to go:
Expired
investment:
£88,110
RightIndem is a white-label insurance software platform designed to deliver fast claims to claimants on its portal. The company develops and sells its own proprietary cloud-based digital claim process management software ‘as a service’ to the global insurance market. Insurtech is a vast market and attracts large amounts of investment, with $4.36 billion invested in the first three quarters of 2019. Till date, it has contracted clients such as Axa XL, Archipelago, NN Belgium, NN Netherlands, and Mapfre, with engagements at various levels of implementation and progress in the UK, Italy, Peru, US, and South Africa. They have also earned regard for automating claims processes form some of the world’s largest insurance organizations allowing for the settlement of low to mid-value claims within hours instead of days or months. With the proceeds, the company will connect operating expenses to the point where client revenues from claim volumes match operating costs.
days to go:
Expired
investment:
£200,001
Themis is a Regulatory Technology (RegTech) company that helps organisations mitigate the risk and impact of all forms of financial crime such as money laundering, bribery, corruption, cybercrime, theft, slavery/human trafficking, and fraud. The RegTech sector is expected to become a GBP 10 billion industry at the end of 2020. Themis aims to be a major contender in this segment and also plans to stop financial frauds that it asserts costs companies globally GBP 3.2 trillion every year. The platform is designed to provide insights on the latest threats, trends, and criminal techniques whilst helping clients complete due diligence on their clients, staff, and supply chains. Themis's key clients include Dow Jones, TSB, Fiserv, Mitmark, Ebury, Natwest Group, Acuris, Glasswall, Evolution AI, and Kingley Napley amongst others. The company envisages exiting via an Initial Public Offering (IPO) or selling to a technology company or to a big consultancy wanting to have a specialized Financial Crime (FC) arm to their business, including a RegTech solution
days to go:
Expired
investment:
£567,027
Themis is a regulatory technology company that helps organisations mitigate the risk and impact of all forms of financial crime such as money laundering, bribery, corruption, cybercrime, theft, slavery/human trafficking, and fraud. The platform is designed to provide insights and intelligence on the latest threats, trends, and criminal techniques whilst helping clients complete due diligence on their clients, staff, and supply chains. Themis works alongside the Themis Charitable Trust to ensure the reduction of financial crime. The company also supports the UN Global Compact taking into account the fundamental responsibilities of business in the areas of human rights, labour, environment, and anti-corruption. Themis will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£1,300,000
Effie is a machine designed to automatically iron your clothes at home. The prototype of the machine was created to automatically iron the shirt regardless of its size, colour, or cut. This technology is patent-pending that underpins this process. There are over 350,000 registrations from customers who are willing to buy the product. The product has been covered by many reputed media platforms like Evening Standard, House Beautiful, UNILAD and many more. With the investment proceeds, the company will take its patent-pending technology and further develop it into a fully-completed prototype which is fully user-tested.
days to go:
Expired
investment:
£1,021,600
Zapaygo allows consumers to order ahead at coffee shops, food outlets, restaurants, bars, events spaces, stadiums, and many other venues, improving customer experience while increasing venue revenues. The app also has a loyalty program for its users, RewardZ. This blockchain, digital rewards token is a key offering by Zapaygo to chain and individual merchants who can redeem RewardZ Tokens. Using Zaypaygo allows venues to reduce time taking orders by 40% and increase their sales by 30%. The company has developed an innovative technology platform that has identified core venues & corporate partners in the UK as initial target markets and is ready to scale. With the funds received, the company is focused on covering customer/corporate convenience in collecting F&B (Food & Beverage) and experience growth similar to the success experienced by apps like UberEats and Deliveroo. It also aims to offer 'order to delivery' end to end services.
days to go:
Expired
investment:
£596,030
LoyalT is engaged in building a network of loyalty programs for consumers. Consumers can exchange points & consolidate to one brand, in real-time, for a high-value redemption, gifting or donation. The app tracks consumer activities & employs Artificial Intelligence (AI) to generate actionable insights for the brands to improve engagement. The company aims to be the solution to the $360 billion worth of loyalty points that remain unused globally. They raised £280,000 during their first crowdfunding campaign in 2019 and has partnered with organisations like IBM and Wipro since 2018. The company has built the first version of its product and plans to start with the UK and onboard 400 businesses by February 2021. It aims to eventually take its product to 40,000 businesses globally by February 2025. It will use 41% of the investment as resource salary costs, 12% as infrastructure and overhead costs, 22% as marketing costs, and 25% as business development partner costs.
days to go:
Expired
investment:
£190,110
