Ripple is a clean energy ownership platform that allows consumers to own a small part of a large scale wind farm and have the clean electricity it generates supplied to their home via the grid. The company makes clean energy ownership affordable for people who rent or live in flats or plan to move home in the future, as well as those that find the £4000-8,000 cost of installing solar panels beyond their budgets. Ripple has been selected to take part in Free Electrons 2020, the global utility start-up program which will enable it to pilot its ownership model outside the UK. The company was awarded the 2019 'Startup of the Year Award' by Seedrs and BusinessGreen technology awards. Ripple is also in talks with Centrica (owner of British Gas, UK's largest utility) about a supply partnership covering household and business customers. They are looking to use the investment on: 27% of it on legal and transaction costs for follow on projects, 25% to develop pilot projects outside the UK, 22% on business costs, 16% on building applications and website management, and 10% on marketing and new product offerings.
days to go:
Expired
investment:
£331,220
GP Nutrition is a nutrition company that creates products meant to deliver sustainable weight loss. This award-winning company was created by Gabriela Peacock, a celebrity nutritionist. It has 13,000 global customers who have bought more than 30,000 packs. In June'19, the company reached trading of £50k per month. It has produced 22 products that are now sold in 30 countries. GP Nutrition has delivered revenue of £377k and an EBITDA of £813,389. Nutrition's vision is to solve the 95% failure rate of diets in the USA and the UK.
days to go:
Expired
investment:
£309,890
A shoe company for those working in the service industry with the aim to make extremely comfortable footwear. Foot Ease have worked alongside industry experts with more than 15 years of experience to develop products that will be ready for distribution before the end of 2018. The business has collaborated with a footwear specialist manufacturer who may be a key investor in the future.
days to go:
Expired
investment:
£34,290
Pale Green Dot (PGD) is a company that provides a ‘closed-loop food system’ in the UK, targeting the £60 billion+ hospitality market. It says it collects food waste from commercial kitchens, turns it into bio-fertiliser and energy, and uses this energy to grow next seasons produce to deliver fresh produce to commercial kitchens and homes. The company claims that 5% of consumers want carbon labelling on menus. PGD aims to capture this sentiment and become a contender in the £60 billion sustainable food spend category. It claims that its commercial sales grew 740% since January 2021. The company has secured one of the UK’s largest 'Contract Caterers', with the potential to be worth £5 million a year. PGD points out that it has onboarded two multi-site independent chains, namely Granger & Co and Caravan to deliver sustainable produce. PGD will use the investment to grow its production on company-owned farms, grow purchasing opportunities with partner farms, and invest in people, training, and systems to improve sales, marketing, and operations.
days to go:
Expired
investment:
£502,167
Bedlam Brewery is a beer manufacturer. It relaunched in 2015, with award-winning beers brewed at its eco-focused craft brewery at the foot of the South Downs National Park in Sussex. The company's revenue has grown over 250% since then. Between April 2019- March 2020, it sold over 655,000 pints to its customers with 95% coming from sales of draft beer to pubs, both directly and via national pub chains or wholesalers. Post COVID-10 lockdown, the company sold its products to over 200 separate trade outlets, including bottle shops, over 100 free houses, restaurants and pub companies such as the Ei Group, Wetherspoons and Laines in Sussex. The company will use the investment to become the number one craft brewery in Sussex, as well as, a major player in Greater London, Surrey and Kent.
days to go:
Expired
investment:
£662,184
Qure are an affordable and convenient on-demand healthcare service providing a doctor to users doors within 2 hours, 24/7. The hassle-free healthcare connects individuals with highly-experienced medical practitioners in the local area.
days to go:
Expired
investment:
£720,000
Ace+Freak is a Ready To Drink (RTD) cocktail for Millennials and future generation Z consumers. Its mission is to disrupt the £630 million UK RTD market, offering an impeccable tasting product. The company asserts that it uses only natural and vegan-friendly ingredients in its products. It points out that it has put 125,000 cans in hands to date and has 8,500 followers on Instagram. The company has more than 125 strategic business to business customers and a nationwide UK distribution. Ace+Freak was voted 'Best cocktail RTD' at the International Canned Challenge competition. The company has seeded the brand within culturally relevant events to its millennial customers including Adidas, Beats by Dre, Max Factor and Saatchi Gallery. It will use 35% of the investment for operational excellence, 45% for marketing, and 25% to hire personnel.
days to go:
Expired
investment:
£176,410
Klymat's SaaS business model transforms vehicle fleet management for organizations and fulfills employees' transportation requirements. Through a centralized online platform offered via monthly subscriptions, Klymat empowers businesses to monitor their entire vehicle fleet and employee journeys, regardless of transportation mode. The software computes total business mobility costs and carbon emissions, providing a simpler, more visible, flexible, cost-effective, sustainable, and eco-friendly approach to corporate travel.
days to go:
Expired
investment:
Withheld
Stasher is a company that operates an online platform facilitating luggage storage by connecting travelers with local hotels and shops. Available via their website and app, Stasher offers secure and affordable luggage storage options, benefiting both travelers and local businesses, with a mission to enhance travel experiences across a global network of over 600 cities and 75 countries.
days to go:
Expired
investment:
£568,864
Riversimple is a car manufacturer and service provider that aims to usher in path-breaking electric vehicles that run on Hydrogen on a subscription basis. Customers are required to pay a single monthly fee that covers the vehicle, fuel, maintenance, and insurance costs. Riversimple claims that its proprietary two-seat local commuter vehicle, Rasa, can cover nearly 300 miles from a 3-minute fill. The company has signed an agreement with Siemens UK to collaborate over technology and sustainability. Riversimple asserts that Siemens is helping design the volume manufacturing facility. The company points out that it is leading the Circular Revolution, a £2.3 million programme part-funded by the European Regional Development Fund (ERDF), to introduce a circular economy practice in businesses in Wales and to facilitate circular economy innovation in the supply chain. It will use the investment to expand its engineering team, channel customer feedback into the designs for volume production, and deliver the most efficient facility possible.
days to go:
Expired
investment:
£1,316,352
