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
Homemidwife is an on-demand private midwifery service for mothers during and after pregnancy. Homemidwife cites data arguing that the National Health Service (NHS) in England is short of almost 2,500 full-time midwives. The company also asserts that the freelance midwifery market is still old-fashioned, with NHS midwives struggling for time to advertise their private midwifery service. HomeMidwife aims to change this by making it easier for mums to look for professional and experienced midwives. The company allows users to make appointments for a teleclinic or home visit through its website or app. It will use the funds to improve the functionality of its web portal, scale-up its app coverage in London, and increase recruitment of midwives to 200.
days to go:
Expired
investment:
£61,339
UnderPinned gives freelancers a single, dedicated platform to learn how to build a successful business, find clients, manage their work, and help them get paid on time. The company aspires to build a connection with users that ensures everyone thrives through its accelerator programme, community, and content. UnderPinned asserts that its accelerator programme allows it to achieve day one unit profitability before converting users to subscribers. It claims to have made £12,772 in revenue with £8,000 spent on marketing in its first month of programme sales in January 2021. The company argues that COVID-19 has accelerated freelancing, moving away from traditional employment. UnderPinned has a community of over 20,000 subscribers and growing. It says itvwill use the investment to scale its team, marketing and product development as it focuses on expanding in the US and EU markets.
days to go:
Expired
investment:
£629,086
MusicGurus is an e-learning platform that offers video courses, interactive sheet music and online tests/exams. The company argues that conventional music learning is archaic consisting of lessons in either paper or PDF formats. MusicGurus aims to change this. Its portal features celebrity artists and pro musicians teaching all instruments and styles allowing users to avail the scrolling sheet music option and even "Play with a live band". MusicGurus asserts that it has 40,000+ users worldwide. It aims to become a contender in the $18 billion music learning industry. The company has raised £700,000+ to date from Venture Capitalist’s (VCs) such as Ascension Ventures and business angels such as the founder of Caffè Nero. MusicGurus has also partnered with music establishments such as Rockschool, Sony ATV, Hal Leonard, and Schott, amongst others. It will use the investment to develop new celebrity and partner courses, increase its sales, and prepare for a Series A round in 2021.
days to go:
Expired
investment:
£176,336
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
Dream Reality Interactive (DRI) is a software development company that builds interactive programmes and games across the full spectrum of immersive platforms and devices. DRI is in a soft launch of its mobile Augmented Reality (AR) karaoke game, Singheads, with the full launch expected in late June. DRI is partnering with Snapchat to leverage its 229 million daily active users towards this objective. The game offers players a new song to sing every day, and the unique business model opens the mobile karaoke market to ad-funded play. AR avatar heads powered by Bitmojoi (similar to Apple’s highly valued Memoji) significantly enhance the user experience. The company will use the investment to further develop its game. It will exit by being a catalyst in launching a successful number of games and eventually be acquired by a global platform such as Snapchat, Apple, Tik Tok, or by a global video games company such as Electronic Arts, Zynga, Activision, Tencent or NetEase.
days to go:
Expired
investment:
£135,000
JiveBird allows users to create and send a greetings package that consists of a personal voice message, music, eCard, a photo or selfie, and a gift to their loved ones or acquaintances. The company asserts that its package can be sent at the last minute or in advance. Jivebird claims that for the millions of people who send greetings and gifts every year, its portal provides a personal, cheaper, and convenient way to send greetings. Jivebird argues that it has no direct competitors. Its exit strategy is to sell the company when it achieves the growth metrics in the business plan, projected to be within five years of consumer launch.
days to go:
Expired
investment:
Withheld
TheCarCrowd is a Passion Asset Investment (PAI) platform that intends to address the lack of investment options for the 8 million UK millennials by allowing them to take a real equity stake in a classic car and benefit from the potential appreciation. The company argues that classic cars appreciated 194% over 10 years up to Q4 2019 as per expert reports. TheCarCrowd points out that its portal allows interested investors to buy shares in cars from just £20 and unlock the benefits of potential appreciation. The company asserts that its business idea has found traction amidst users with over 620 investors registering on the portal since the company's launch in November 2020. TheCarCrowd will use 12% of the investment for Public Relations (PR), 48% for marketing, and 40% for working capital.
days to go:
Expired
investment:
£379,108
Sugi is an app that aims to show everyday investors how green their investments are and help them build a greener portfolio via its app. The company asserts that there are over 3 million Do-It-Yourself (DIY) investors in the UK, with over £210 billion of investments and 76% of that number want their investments to have a positive impact. Sugi intends to do just that. Its app combines three key trends namely, ESG investing, Open Finance, and carbon tracking to further green investments. The company has raised £210,000 to date. Sugi connects to a user's existing investment platform, be that an ISA, SIPP, or trading account, and enables them to learn how their investments affect the planet and what they can do to leave an eco-positive impression. Sugi has featured in publications like Reuters, The Times, Good with Money, This is Money, and AltFi, to name a few. Sugi will use the investment to further develop its app, expand its team, and implement its growth strategy.
days to go:
Expired
investment:
£406,157
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
