Aloha is a barrier-free WiFi hotspot and data-sharing platform. The company estimates that 3.5 billion smartphone users worldwide pay to access the web with many unable to access the internet daily due to technical or financial constraints. Conversely, 67% of smartphone users do not consume all of their mobile phone data available to them each month. Aloha aims to change this scenario. It enables users to get paid for sharing unused data and be rewarded with 'Aloha Tokens' that can be exchanged for cash, bitcoins and exclusive offers from Aloha's partner companies. Business users and advertisers can use the advertising tools in the Aloha application and broadcast offers and promotions directly to a targeted audience within the Aloha community. The company will use 20% of the investment to list the Aloha Token with one or more key Crypto exchange platforms, 15% to expand the application development team, 17% to complete development of the Aloha Marketplace, 20% for marketing and PR, 16% for running monthly costs, 3% for Aloha app upgradation, and 10% as contingency funds.
days to go:
Expired
investment:
£307,707
Hurree allows businesses to leverage ‘Big Data’ to make better decisions, increase profitability, enhance customer interaction, acquisition and retention for years. Hurree is available to every business and makes customer data simple, affordable and accessible. Twitter meets the NectarCard!
days to go:
Expired
investment:
Withheld
LONDCAP is a mobile app that uses Artificial Intelligence (AI) and machine learning to enhance a customer's credit profile and make borrowing more accessible. The company aims to enable credit cards access to customers without credit history or national insurance number. It also endeavours to facilitate loan and mortgage approvals via its app. LONDCAP provides a live exchange money service at inter-bank rates as an approved licensee under the Financial Conduct Authority (FCA) laws. It has a network of over 30,000 companies and over 40,000 investors as of March 2020. The company will use the investment to achieve 50,000 monthly active users, prepare the business for the Series A fundraising round, build its team across different specialities, and launch a comprehensive app on the App Store and Google Playstore in partnership with financial entities like IBAN, SWIFT and SEPA.
days to go:
Expired
investment:
£108,373
SupportRoom is an online mental health and well-being platform connecting individuals and businesses with therapists. The company's core proposition is its Employee Support Platform (ESP) that focuses on improving employee well-being and engagement. It asserts that its portal generates employee anonymised data accessible to present organisations that can then use this to identify real problems and implement change without making assumptions. SupportRoom argues that clients can communicate with therapists via in-app messaging, videos and voice messages on its portal. SupportRoom has secured six partnerships to drive B2C and B2B growth. The company has over 600 verified external therapists on its roll call. It was chosen as a 'Top 50 Most Exciting Mhealth platforms for 2021' by Welp magazine. SupportRoom states it will use the investment to build the best-in-class virtual mental health clinic with therapists and hire a team of solution sellers and marketers to grow its business.
days to go:
Expired
investment:
£317,310
A Google-mentored service that utilises award-winning AI to track electricity usage and cost for individual home appliances and deliver the data via a smartphone app. Verv uses patented technology to gather a home's electricity data 5 million times faster than current smart meters. The information gathered can be used to identify which appliances could be switched off to reduce unnecessary energy consumption.
Verv is funded by Centrica and has sold 12k units globally to businesses such as British Gas and Dubai Electricity & Water Authority. Verv is currently trailing their technology with 6 other international energy firms, as well as a global insurance company. In addition, Verv has also received funding via 6 government grants.
days to go:
Expired
investment:
£768,420
Publisher Discovery, using AI & Machine Learning technologies, provides recommendations to Advertisers of highly relevant Publishers in the affiliate marketing sector. The company has built a uniquely curated database of over 2 million publishers and 330,000 advertisers, which are then analysed, compared, and matched to make recommendations in ranked lists, matching the best publishers with each advertiser. The affiliate publishing market is worth 16 billion dollars per year but is still largely dominated by human-based agencies and is uniquely suited for automation. Publisher Discovery aims to capitalise on this aspect and establish itself as the market leader. The company has signed up over 50 publishers and is negotiating contracts with two large distribution partners. It is currently raising £1 million investment with £675,000 committed so far, to grow sales and operations and reach over £2m Annual Recurring Revenue (ARR) in the following 12 months.
days to go:
Expired
investment:
£800,000
Freetrade is a UK-based freemium investment mobile app available on iOS and Android platforms in the UK with plans to launch in Europe. Freetrade's simple, beautiful and intuitive investment app opens up stock market investing to everyone. Since April 2019, it has grown its customer base by 100%, that is over 30,000. The company is also the winner of British Banking Awards and Consumer Investment Awards, 2019. Freetrade is now raising funds to ramp up its engineering and customer acquisition. Ultimately, 30% of its waitlist signed up is from outside of the UK. The raise will support its expansion into the EU.
days to go:
Expired
investment:
£3,793,410
Africa New Energies has a mission to improve the lives of millions of sub-Saharan Africans by delivering them electricity in an environmentally responsible way. The company is an innovative oil and gas exploration business. We start with a huge asset: a drilling concession in Namibia in territory the size of Wales which contains 32 potential natural gas and oil fields. A conservative estimate is that there are 1.6 billion barrels of oil in the rocks there. If we can prove that the energy is there and can be economically accessed we will have increased our value 600 fold and be sitting on blocks valued at $6.5bn/£4bn.
days to go:
Expired
investment:
£563,631
MiiCARE is a company that provides AI-based in-home companionship & health support for the elderly. miiCARE provides an 18-month product validation process with the NHS and the elderly. Its innovation miiCUBE is a cloud-based assistive technology solution that can detect an emergency and inform a designated responder. miiCARE already has 250 prospective clients who have already expressed interest to purchase the product. The company was accepted for the 'Microsoft for Startups' program in 2019 and Microsoft's 'AI for Good' acceleration cohort in 2020. The company will utilise the investments to create an emergency stock to support future orders, fulfill orders for clients, strengthen its team, and create a small inventory for orders.
days to go:
Expired
investment:
£354,632
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
