Hemspan states that it designs bio-based building systems and products for construction by combining modern methods, technology and hemp to produce net-zero carbon solutions. The company argues that every time an average house is built, the CO2 emitted by the manufacture, transport and assembly of the materials used is around 50 to 60 tonnes. Hemspan says that one hectare of UK-grown industrial hemp can absorb 11 tonnes of CO2 each year with regeneratively farmed hemp capable of sequestering a further 6 tonnes per hectare of CO2 into the soil each year. Hemspan intends to activate significant demand for hemp farming in the UK and develop processing technologies to reduce reliance on imports and enable large scale manufacturing of bio-based cladding and insulation products that spin out of R&D programmes. It asserts that the global industrial hemp market is expected to grow at 25% CAGR reaching US$ 27 billion by 2028. It aims to be a contender in this segment.
days to go:
Expired
investment:
£200,000
Super U is a health food brand, creating great-tasting and nutritious superfood blends and providing a natural, innovative & convenient way of consuming superfoods, without costing the Earth. The company has 3500+ online consumers and, the social audience has risen to over 8,500 followers. Additionally, Super U has been a finalist for Start-Up Business of the Year and Health & Beauty Business of the Year 2019 - for the Great British Entrepreneur Awards. The funds will be used for growth, marketing and export strategies.
days to go:
Expired
investment:
£160,110
Gozney specialises in the designing and manufacturing of premium and creative stone & fire ovens for the commercial and home use. The company has invented the world’s first portable stone pizza oven, 'Roccbox' and made $1.2M pre-sales in 45 days. In 2018-19, it has received revenue of £5.4M and EBITDA of £0.2M. Gozney ovens are used by leading restaurant chains including MOD, Franco Manca and many more. Recently, the company has been ranked at No. 12 in the 5th annual Sunday Times WorldFirst SME Export Track 100. Gozney has witnessed a growth of 148% in international sales over the past 2 years. Furthermore, it aims to launch new products and accelerate expansion into overseas territories.
days to go:
Expired
investment:
£1,716,200
Howsy is a property management app that aims to make renting a satisfactory experience for landlords and tenants. The company claims to have created a digital ecosystem that removes traditional agents, bringing down the cost of managing a property by an estimated 75% and delivering satisfactory customer service. Howsy has 7,000 properties on its platform mixed between recurring revenue and one-off customers. It has also acquired two of the largest online agents in the UK, Upad and Happy Tenant Company, in December 2019 and September 2020, respectively. Howsy asserts that it has achieved a 130% year-on-year revenue growth despite the COVID-19 pandemic and has featured in press entities like Forbes, The Guardian, TechCityNews, and Startups.co.uk, amongst others. It will use the investment for working capital allocation across marketing, general/admin, and technology. It will also use the funds to provide a stable runway to its Series A funding round, which it hopes to complete by January 2022.
days to go:
Expired
investment:
£824,280
Ripple is a clean energy ownership platform and renewable energy expert which aims at providing people the opportunity to own their own source of low-cost clean power. More than 460 people have pre-registered for Ripple's first wind farms. It has achieved a pre-registration conversion rate of 27% from click-throughs amongst Tesla owners. With the proceeds, Ripple will focus on launching the pilot wind farm project and recruiting a new Tech Team of a Finance Director, and a Business Development Manager. It is also preparing its business costs for the launch of the full-scale project in early 2020.
days to go:
Expired
investment:
£859,787
Filisia is an assistive technology company that has created a product called Monoma. Monoma uses interactive games to aid the training of people with physical, cognitive and communication impairments.
days to go:
Expired
investment:
£76,460
Kaelo is a design company whose patented, 'Dry-cold chamber', is an open bottle host that can be integrated into premium interiors to serve drinks at the ideal temperature. The company states that its product requires no ice, water or maintenance, and uses as little power as a lightbulb. Kaelo points out that it has achieved rapid market acceptance with over 2300 unit sales to date, with almost no marketing spend. The company is now focused on high-end kitchens in the +£30,000 category. It estimates that out of the 4.5 million of these bought every year, 70% of customers would upgrade their kitchens with Kaelo's products. Kaelo currently has 125 kitchen showrooms that are selling its products in the UK with more distributors selling across Europe and the US. It will use the investment to launch the Kaelo brand for the first time, establish Kaelo in the kitchen market, and achieve the brand's goal of reaching 37,000 units by 2025.
days to go:
Expired
investment:
£845,260
EV Hub plans to offer fast charging for fleets of electric cars, vans, and couriers at sites with 15-30 bays each. The company uses the latest stable technology that needs only c.30 minutes per charge in comparison to 1-2 hours ‘Fast’ chargers and overnight for ‘Slow’ home/work charging. EV Hub's goal is to start with London’s 3,000 electric taxis, and it will expand quickly to serve vans, hire cars, minicabs, and couriers. With the proceeds, the company will lease and run two first flagship, high-traffic sites, King’s Cross and Heathrow Airport, which will help boost the working capital to profitability.
days to go:
Expired
investment:
Withheld
Devoted is a premium brand that has received a 5* on Trustpilot. It is currently sold in 16 countries and its focus is to produce a high-quality alternative that's completely grain-free and high in meat content. 213 satisfied customers have provided a 9.3/10 rating on Trustpilot. The company strives to become a significant provider of premium pet foods to observant pet keepers worldwide. With the proceeds, the company seeks to capitalise on the current market trends with its natural pet foods.
days to go:
Expired
investment:
£67,850
Vertically Urban (VU) is a horticultural lighting specialist that produces high-tech LED lighting solutions for indoor industrial farms, glasshouses, medicinal growers and onsite Pod farms, who in turn, supply to supermarkets, restaurants and the medical market. The company aims to be a segment leader in the global vertical farming market that is projected to reach $12.7 billion by 2026. VU asserts that vertical farming has been tipped as the future of food production and supported by early investors such as Amazon’s Jeff Bezos. The company has witnessed £30 million+ worth of sales to date. It will use the investment to increase brand awareness via horticultural trade shows, market its products on online and offline portals, develop new technologies, and recruit senior personnel to oversee growth in key markets.
days to go:
Expired
investment:
£335,040
