CFP is a family owned business which is backed by British Business Bank. The company has created the world’s leading carbon fibre composite recycling operation. CFP has drawn a pipeline of business across a range of applications and is now involved with 25+ businesses across automotive, defence, and oil and gas industries. The company has taken concrete steps to improve its sales team to reflect its end market focus. CFP believes that as the adoption of the products occurs, the markets are adequately plentiful and different for CFP to achieve its aspirations and that the exit valuation fixed out in the Investment Memorandum remains achievable.
days to go:
Expired
investment:
Withheld
Greenwall Environmental Group is a company engaged in making devices that can minimise non-biodegradable waste. It argues that asbestos remains the largest occupational killer in the UK today. Its product, Asbestosprobe, aims to change this situation. The company asserts that Asbestoprobe is arguably the world's first handheld analyser specifically designed to detect asbestos in real-time. It argues that current methods of detecting and recording the presence of asbestos are costly, invasive and slow. Asbestoprobe uses a point-and-click approach utilising NIR Spectroscopy and Artificial Intelligence (AI) to analyse the presence of asbestos in two minutes via the Asbestoprobe App. Greenwall plans to provide an annual software licensing model which grows through recurring revenue year on year. It endeavours to be a segment leader in the projected $1 billion global asbestos management market. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£253,017
An engineering parts washing company using environmentally friendly aqueous solvent technology to clean components. As of January 2018, Safe Solvents uses a service model to generate income. The company has currently signed 131 contracts with businesses in the engineering sector and is expecting to sign almost 20 more by the end of their financial year in February 2019.
Safe Solvents has patented their technology and is aiming to achieve an 8% market share within the next 5 years in the UK. The company is now raising funds to expand further in the UK, as well as enter the global market. In addition, Safe Solvents is currently developing 4 new products with many more in the pipeline and the company is also seeking to enter other industries that can benefit from the technology.
days to go:
Expired
investment:
£1,158,520
Thermulon builds aerogels for building insulation and aspires to disrupt the global thermal building insulation market that was worth $30 billion in 2020. It claims that its aerogels are the first to beat the tradeoff between fire safety, thermal performance and price with the ability to fight climate and fire-safety emergencies. Thermulon cites its research with Ryder Architecture stating that using Thermulon's products on a new apartment block could save 100mm in insulation thickness compared to mineral wood and potentially add floor space equivalent to 7 additional 1-bed flats making safe insulation a profitable move for developers. The company was awarded £550,000 in InnovateUK equity-free grants, garnered a project to insulate 10,000 social houses over the next 5-10 years, and has been felicitated with awards from the Royal Society of Chemistry and the Royal Academy of Engineering. The company states it will use the investment to grow its team, file its first patent, certify its product and get Thermulon’s insulation on walls.
days to go:
Expired
investment:
£949,033
Nova is a world-leading and award-winning tidal energy company. It designs, builds, and operates tidal turbines that generate electricity from the flow of the tide and the natural ebb. Nova's underwater turbines work in harmony with marine environment and have zero visual impact. In 2018, Nova received international recognition at the G7 summit and won ‘Outstanding Project’ at the Green Energy Awards the same year. Nova aims to become cost-competitive with traditional baseload fossil fuels. With the proceeds, the company will fulfil its purpose of Business Growth (25%), Project Delivery (50%), and Commercial Readiness (25%).
days to go:
Expired
investment:
£1,255,666
Environmentally friendly roads created by replacing the oil-based bitumen with plastic from old rubbish and landfill, resulting in longer lasting, stronger and more durable roads. MacRebur roads are already in place and can be driven on in the UK and the firm is in advanced discussions and testing with international markets such as the USA, Canada and Australia. MacRebur supply their product to major asphalt companies including Aggregate, Cemex and Tarmac.
days to go:
Expired
investment:
£3,171,989
MacRebur uses waste plastics destined for landfill or incineration and adding them into asphalt for road construction and surfacing to extend and enhance the bitumen (fossil fuel) binder. It argues that its carefully selected plastics, taken from the waste stream, are added into roads to improve strength and durability, whilst reducing the quantity of the oil-based bitumen used in a traditional road construction mix. MacRebur asserts that with each km of road laid using its MR products, the company sustainably uses up the equivalent weight of 740,541 one-time-use plastic bags. MacRebur has completed road tests in numerous countries including the UK and Europe, Turkey, Australia, and Japan to name a few. It has also signed agreements with India, the USA, Chile, Estonia, Kuwait, New Zealand, Switzerland, Bahrain, Spain, and Malaysia. The company will use the investment to build its manufacturing plants in five strategic locations across the world.
days to go:
Expired
investment:
£3,055,740
Limits Technology has created a product at 50% of the cost of the competition. The Limits design is complete and ready for mass productions. The crowdfunding community received the company with more than 2K units promised from 66 countries by validating market demand. It aims to deliver the 100% compatible bicycle power meter for an affordable price. Limits Technology is raising investment to conduct initial manufacturing runs, push sales and marketing, identify and hire the main sales and support staff, and product development.
days to go:
Expired
investment:
£160,330
Carbon Negative Permeable Pavement Systems (CNPPS) offers Carbon Negative solution for hard surfaces like pavements and road networks. The company uses secondary aggregates, waste products and carbon-negative materials in its pavement systems which absorb more carbon in the manufacturing process than the carbon emitted per square meter by traditional carbon-intensive road construction methods. CNPPS's products are also permeable and can reduce flooding caused by rainwater run-off, thereby improving road safety. The company argues that its products are an estimated 5-8% less expensive than the currently used processes, having the potential to lessen the infrastructure budgets of the UK government. CNPPS requires initial funding to carry out a trial of its system by the Highways of England. The company will use the investment funds to trial, accredit, CE mark and market CNPPS, and generate buyer interest in its products.
days to go:
Expired
investment:
Withheld
Gravitricity is an energy technology company that uses heavyweights to store energy underground. The company uses winches to raise a heavyweight to the top of a vertical shaft to store electricity in the form of potential energy when there is excess energy on the grid. It then lowers it when required with the winch motors running as generators to transfer energy back to users on the grid. Gravitricity argues that the system can be charged and discharged multiple times a day for over 25 years. The company has built a 250kW concept demo in Edinburgh. It aims to become a contender in the energy storage market that is predicted to become a $620 billion market by 2040. The company has received interest from operating mines, grid companies, EV charging stations and solar developers for its technology. It will use the investment to complete the concept and detailed design for its prototype, develop its commercial projects portfolio, and protect its Intellectual Property (IP).
days to go:
Expired
investment:
£1,185,207
