Using the latest in technology to recycle a wider range of plastics with environmentally friendlier results. Recycling Technologies have created the RT7000, a machine that processes plastic waste and recycles it into Plaxx®. This new product can be used in wax products, as well as new plastic. Plastic products that are generally considered non-recyclable such as food trays and pouches, films and crisps packets can be processed by the company's machine.
Contributions in the funding round will be invested towards developing around 200 RT7000 machines per annum at the company's manufacturing site, with a 2027 target of 1300 RT7000s to be leased to other businesses. Recycling Technologies has predicted that that from 10m tonnes of plastic, 7m tonnes will be processed into Plaxx®. Furthermore, funds will be allocated to expand the team and Binn Ecopark site, as well as run a 24/7 trial on their new plant.
days to go:
Expired
investment:
£1,938,060
Toraphene is an environmental technology company that aims to eliminate plastic waste. It has released with its product, Toraphene, to solve this crisis. It claims that Toraphene is a biodegradable, compostable and commercially-viable plastic packaging substitute for conventional plastic. The company asserts that its product is biodegradable even in the ocean, and has been developed using graphene technology. It is focussed on eliminating carrier bags and food containers in its first-round which account for 23% of marine waste. It aims to be a segment leader in the projected $25.4 billion biodegradable plastic industry by 2026. The company will use the investment to make Toraphene accessible to companies worldwide and make plastic packaging obsolete.
days to go:
Expired
investment:
£1,000,000
Ripple is a platform that facilitates co-ownership of renewable energy sources like wind farms and solar parks for both households and businesses. Their goal is to transform the energy industry by allowing consumers to easily and affordably co-own these assets, providing direct benefits in terms of cost savings and convenience.
days to go:
Expired
investment:
£1,683,160
Hydro Wind Energy (HWE) is developing technologies to solve global issues of low-cost clean electricity, grid-scale energy storage, and seawater desalination. Its OceanHydro Wind technology harnesses offshore altitude wind using kites, stores the energy subsea and releases it on demand as electrical energy. HWE has also developed SubSea RO Wind technology to desalinate seawater into potable freshwater. The company has developed QuenchSea, which it asserts is the world's only low-cost handheld seawater desalination device. HWE has featured in publications like Wired, Euronews, Business Insider, and Yahoo Finance. It was selected as one of the top 100 start-ups shaping the 4th Industrial Revolution by the World Economic Forum (WEF). HWE will use the investment to fund technology development, product development teams, international expansion, and scale QuenchSea globally.
days to go:
Expired
investment:
£696,260
An innovative solution to the ocean's plastic issues with the use of plasma treatment facilities. Ocean Polymers are utilising technology similar to that of the US Navy, by using a combination of ship and land-based recycling and manufacturing processes. Partnering with QA-UK, the company have developed sea drones to identify plastic waste to aid in cleaning the ocean. This method results in operational savings and a smaller carbon footprint.
days to go:
Expired
investment:
£403,470
Zero Carbon Farms (ZCF) is one of the first Controlled Environment Farms (CEF) that supplies blue-chip customers with local, nutritious and sustainable produce all year round. The company argues that its indoor farm has reduced growing days by up to 50% and increased average yields by 20% compared to conventional farming. ZCF asserts that it is carbon neutral, powered by 100% renewable energy, and is soon to acquire a 'B Corporation' certification in 2021. It aims to become a contender in the micro herbs and indoor salads market in the UK that is worth £624 million per annum. ZCF has supplied 274,863 units of fresh produce in 2019/2020 and is a supplier to Marks and Spencer, Whole Foods, Tesco, and Reynolds Catering Supplies. The company has also entered into R&D partnerships with Cambridge University, Nottingham Trent University, and Alan Turing Institute. It will use the investment to build a second farm on a new site, automate key processes, and invest in further yield-improving technologies.
days to go:
Expired
investment:
£4,301,337
Loowatt is delivering safe sanitation and generating energy from waste for sustainable business growth. Loowatt argues that poor sanitation leads to more than £150 billion being lost every year due to health care costs, decreased income and productivity. It aims to change this with its patented toilet. The toilet's waterless flush seals waste hygienically away and is the starting point for Loowatt's unique closed-loop processing system. Loowatt works closely with the local utility partners and ensures that waste is safely collected, treated, and transformed into biogas to generate electricity and heat with nutrients captured for organic fertiliser production. Loowatt has processed 555 tonnes of waste and served more than 250,000 people. The company will use the investment to scale-up manufacturing, complete development of the Loowatt Pro data transmission system, and develop an aftersales monetisation strategy for large international contracts, starting with the City of Manila.
days to go:
Expired
investment:
£1,101,180
Aspira is dedicated to leveraging drones and sustainable coatings for environmental improvement. Their technology directly addresses issues like air pollution, carbon reduction, wind turbine cleaning, and extends material lifespan. Aspira develops drone technology to efficiently apply eco-friendly coatings for a better environment.
days to go:
Expired
investment:
£341,564
Solivus is a solar technology company that aims to enable mega-buildings, homes and communities to lower their carbon footprint and generate local green energy through the company's proprietary solar solutions. Its patent-pending innovation, Solivus Arc, utilises thin-film solar technology to power homes and electric vehicles. The company asserts that Solivus Arc provides an alternative to rooftop solar and has incredible low-carbon credentials. Solivus aims to also enter the commercial and agricultural markets with its products. It will use 50% of the investment in product development and R&D, 40% in growing its team, and 10% towards legal and marketing costs.
days to go:
Expired
investment:
£1,619,048
WokenUp is a revolutionary global social network focused on empowering users to work together to meet the 17 United Nations Sustainable Development Goals by 2030. It aims to transform humanity for good by bringing together the individuals, companies, and charities that are doing good in the world and who are willing to make a difference in social and environmental causes. WokenUp has a unique feature called Snippets with which users can demonstrate how a company or charity is making a positive impact. The company is targeting revenues from job spec fees, advertising, & premium subscriptions. With the proceeds, WokenUp seeks to allow its users to increase the impact that they are making.
days to go:
Expired
investment:
£128,460
