Nova launches growth focus, tech-enabled startups, putting passionate founders at the heart of everything they do. It creates a more rewarding experience for startups with its co-founding model. The company conceives and scales digital businesses thereby solving the real-world problems, open new markets and disrupt existing ones. 46% of Nova co-founded businesses are still trading. There are 140+ staff over Manchester, Liverpool, London, and Islamabad. There is a 3% portfolio valuation growth YOY, thereby creating more than £72m valuation of the portfolio. The company made a turnover of £7.2m in 2018/19. Nova is raising funds to leverage the company's growing network of Founders, Funds, and Talent in the UK.
days to go:
Expired
investment:
£744,880
Storemates match people looking for cheap storage space with people who have storage space. This allows for discounted rates compared to commercial storage.
days to go:
Expired
investment:
£39,832
PyroCore is a waste-to-energy technology company. Its technology, Pyrolisis, burns waste and sludge for 30 minutes at 700-900 degree celsius in the absence of oxygen, which leads to reduction of waste volume by 90%, and the energy output can be used for heat, steam or power generation. It also eliminates the need for landfill sites, reduces carbon emissions, and helps businesses cut down on landfill taxes. The company has partnered with institutions such as Brunel University London and The Association for Renewable Energy and Technology. It has also contributed to charities such as Fresh Water Habitats, ALK Positive UK, and others. It is seeking support for deployment of its technology on sites where safe and easy disposal of hazardous or infectious waste can be undertaken, especially in the wake of Covid-19.
days to go:
Expired
investment:
Withheld
Prosper is creating a customer-focused brand, aiming to offer free access to public and private funds, competitive cash rates, and instant financial advice via a mobile app. They charge a platform fee based on the customer's assets. The experienced team behind successful ventures like Tandem Bank and Nutmeg is targeting the UK's expensive and underperforming savings and investment market. They've raised £3.2 million from investors including Tom Blomfield (Monzo) and Charlie Delingpole (ComplyAdvantage).
days to go:
Expired
investment:
£1,022,665
Nextfin is an FCA approved aggregation and rating portal for equity and debt crowdfunding investments.
AIM is shrinking, legacy stock markets are too expensive to maintain and do not serve the requirements of SMEs, banks are closing branches, lending less and are paying little or no interest to investors. As a result of this, there is a huge growth in equity crowdfunding and P2P lending which has seen the launch of hundreds of alternative lenders & platforms that has created a new c.£3bn marketplace, expanding at 66% p.a. There is no single portal or trusted ratings index for investors to compare on a like for like basis and no secondary market to facilitate exits.
* NextFin is the new trading name of Business Agent Ltd
The solution
NextFin aggregates equity and debt crowdfunding investments to create the alternative finance marketplace. This makes it easy for investors and lenders to find and compare opportunities by presenting all investment offerings in one place. With the addition of a free of charge ratings service investors will be able to view ratings of every equity crowdfunding pitch, every P2P site, and every equity crowdfunding site. NextFin’s technology will constantly track these companies and investments providing the investor real-time intelligence on which to base investment decisions. The platforms and entrepreneurs will be self-promoting and marketing their ratings driving thousands of visitors a month to the NextFin site, in the same way, businesses refer their potential clients to Trip Advisor and Trustpilot. There is an estimated 10 million website/platform visitors per month across the whole of the alternative finance market. NextFin is targeting to direct 5% of this highly profiled traffic to its platform from which it will earn between £5-£8 per click from advertisers and partners. In addition, an in-house brokerage service also earns between 1%-6% commissions on loan placements. A future revenue stream (not featured in the financials) will be developed once visitor traffic reaches critical mass. This will see Nextfin being able to realise the full value of its captured ratings data and visitor traffic by launching a secondary market, which is estimated to be a £5bn marketplace.
NextFin is raising £500k at a pre-money valuation of £2M to: • Develop P2P and Equity site ratings• Expand the management, infrastructure and marketing resource• Increase visitor traffic to 6m a year via rating referrals
Owing to the size of the market and rapid growth of the industry, enterprise valuations in alternative finance are based on visitor traffic, market share and registered users. Recently published valuations of companies with visitor traffic of over 6m per year are in excess of £70m. NextFin is the market-leading aggregator and has first-mover advantage. It has the potential to exceed these valuations because it is the whole of the market aggregator and is currently the only ratings service provider as it grows to achieve 500,000 visitors p.m.
days to go:
Expired
investment:
£274,057
Businesses can now book meetings in pubs to discuss projects whilst enjoying food and drinks. MeetingsInn aims to satisfy the demand for companies that would prefer to hold discussions in smaller, yet livelier venues. Through their research, MeetingsInn has discovered 4,500 pubs that would be ideal locations for businesses to gather. All pubs will be audited to ensure they meet MeetingsInn's standards.
MeetingsInn generates revenue from a 10% commission of all bookings confirmed, as well as pubs that wish to advertise and have premium listings on the website. This crowdfunding round will allow MeetingsInn to list more pubs on their platform, as well as enhance their booking service to include tools and resources such as group accommodations.
days to go:
Expired
investment:
£60,960
Multiple brokers and clients can connect with each other on the only FCA-regulated social trading app. Pelican's platform is designed for traders to discuss strategies and share, copy, oppose or execute trades similarly to traditional traders on Bloomberg terminals. Revenue is generated via client-trading rebates and subscriptions from users following good traders and mentors. Further B2B revenue streams include set-up and monthly service fees.
days to go:
Expired
investment:
£465,209
Their Perfect Gift is an award-winning RetailTech business known in the payments industry, Marketing, Human Resources, and Incentives & Rewards. The business functions in the B2C and B2B space. The personalized gift card designed by Their Perfect Gift can be redeemed in 32million locations globally, in-store or online. The clients of Their Perfect Gift include EAT, TM Lewin, Mastercard, Neopost, Etihad, and Travelogue. In Feb 2018, the company won the Best Prepaid Product of the Year Award and became a host of other nominations. The business aims to become the biggest provider of anywhere gift cards and is targeting a market of over $5bn value in the UK alone.
days to go:
Expired
investment:
£111,450
Paperclip is a leading platform of university marketplaces in the UK which allows many students to buy and sell stuff on campus. In 2018, the company has won the Cardiff Life Awards and has been nominated for Welsh Startup of the Year and 3 regional awards. It has onboarded 11 universities including UCL, Oxford and Cambridge and many more. Furthermore, it has accepted business terms with Just Eat and Student Beans to promote their brands. The company has been featured in notable press including LifeHacker, Express, and BBC Radio. The funds will be used for team expansion, sales, marketing, growth and engagement.
days to go:
Expired
investment:
£421,700
Baanx is a B2B2C mobile banking platform offering cutting-edge services in remittance, spending & blockchain. The company takes pride in its innovative customer acquisition process through partner communities. The BaanxCL already has a CL™ VISA Debit Card, Crypto-Payment Gateway, a Crypto-Exchange, Stablecoins, and other exciting features. The company is also partnering with new brands around the world which are not banking already but have large user communities to connect. The company is aiming to target 100,000 users by Q2 2020 with the assistance of Super Seed Investors. With the proceeds, Baanx will hire additional team members, spend funds on marketing, and launch services in South America and Asia.
days to go:
Expired
investment:
£658,200
