Symmetrical Power has developed an innovative solution that addresses the issue of energy wastage. After identifying the inefficiency of the 3 Phase Electrical Distribution Boards, Symmetrical Power is creating the ‘Intelligent Distribution Board’ (ID Board). It aims to prevent the challenge of peak demand whilst saving on energy bills. The working model of the product also received positive feedback from electrical specialists. Additionally, Symmetrical Power was also a Shell Springboard regional finalist (2018) for its new low-carbon ideas. With the proceeds, the company will complete design & begin distribution in Europe and to position itself as the go-to Distribution Board provider.
days to go:
Expired
investment:
£233,600
Bazar is the UK’s first dedicated ethical marketplace and lifestyle application. The company intends to disrupt the ~£32.8 billion UK consumer marketplace by creating a platform where eco-friendly businesses can thrive, and consumers can trust brand values. It brings curated ethical and eco-friendly brands, artisans, and items under one portal. BAZAR soft-launched its application with 35 sellers and 650 products in the COVID-19 lockdown which doubled showing positive seller demand. The app saw over 1800 downloads with early sales. The company has a social media presence with over 1500+ Instagram followers. It intends to enter the US market in 2022, followed by Europe. Bazar will use the investment to continue to develop its technology to help sellers grow their business and give buyers an intuitive shopping experience on the app.
days to go:
Expired
investment:
£208,368
Tom & Teddy Limited is a family-centric global swimwear brand started by Bristol-based female-founder. Tom & Teddy is a beachwear brand for men & boys that has sold more than 55,000 shorts in 2018 generating a revenue of approximately US$1.8m. The shorts are made in a quick-dry microfibre fabric with UV protection and a super-soft finish. The company aims to grow to £8m by the year 2023 (with significant upside potential), £1.6m EBIT.
days to go:
Expired
investment:
Withheld
The Best dot dot is a positive review website that lets individuals celebrate the good things in life and in turn, enables others to benefit from those experiences. The company aims to create a leading platform, with a large, engaged user base and ultimately to maximise shareholder value. The company has a full robust technology infrastructure and platform in place, consisting of a mix of unique in house technology and tried and tested industry-standard platforms. Significant work has already been done to create the IP that will be purchased by the company and the funds raised will be used to build on the work already done and to take the business to the next level. By increasing the user base, the revenue will rapidly increase as the company introduces additional revenue streams.
days to go:
Expired
investment:
£19,050
Superpow! is an online therapy platform that intends to shift away from the conventional and clinical form of mental health treatment. It is a platform that aims to help users find a matching therapist based on factors such as preferred language, ethnical background, sexual orientation, gender, age, symptoms. The app endeavours to match a user with a therapist quicker than any other app. The company estimates that 70 million workdays are lost each year due to mental health problems in the UK, costing employers approximately £2.4 billion per year. This scenario is further exacerbated due to COVID-19. Superpow! aims to change this situation. It will use the investment to finalise app development, scale the business within the UK as well as Europe, and enter the US market.
days to go:
Expired
investment:
£59,613
The emuHR Software as a Service (SaaS) platform aims to be the future of employee engagement by offering a one-stop solution for corporates and freelance HR consultants. By using HR framework algorithms, the company will help clients know what ails employees, and the appropriate solutions to those ailments. The company feels that Covid-19 has necessitated the idea that staff remain connected to their workplace culture and has tied up with HR teams across the UK. The Employee Engagement Software market is expected to reach $1.2 billion by 2025 at an annual growth rate of 12.87%. Through direct sales and a scalable freelance partner program, the company aims to establish the business as a leading provider in this fast-growing market. With the investment received, the company will hire a sales team, increase its digital marketing spend, and enhance the platform based on user feedback.
days to go:
Expired
investment:
£52,801
VitraCash aims to offer a smart debit card and application that automatically chooses the best card for every transaction using its AI-driven algorithm. The company argues that using the wrong payment cards while travelling costs Britons £1.4 billion per year worth of losses. VitraCash argues that its algorithm can prevent this situation from happening via its application. It aims to be a contender in the cards & payments industry that is expected to touch $909 billion by 2023. The company is in discussions over contracts with card issuer Monavate, US-based card processor Marqeta, and Acquirer CashFlows. Its algorithm and app are in closed beta and the company intends to launch the same in July 2021. VitraCash will use the investment to cover the estimated costs for its card processing and development to launch VitraCard in July 2021.
days to go:
Expired
investment:
£322,693
Genomes.io is a private and secure DNA data storage and sharing application. It aims at resolving the problem of DNA data breach and exploitation by allowing users to manage, store, sequence, and commercialise their genomic data. It aims to develop technology partnerships with population sequencing initiatives, rare disease organisations, as well as pharma and biotech companies. Genomes.io will allow its researchers to benefit from having better access to genomic data while protecting individual data owners. With the proceeds, the company will bring its B2C and B2B products to the market.
days to go:
Expired
investment:
£109,080
BabyChum is a bespoke marketplace for independent family, baby & parent-related gifts. It aims to be a significant contender in the estimated £10 billion UK baby market. The company has onboarded 300 vendors and witnessed over 70,000 unique visitors in 6 months since launching in April 2020. It has also secured several partnerships with notable entities like Vodafone and Craft Gin Club. BabyChum has received press coverage in publications like OK! and Mother & Baby magazine. It has a combined social following of over 10,000 across Instagram & TikTok. The company will use the investment towards digital marketing to boost sales and update its marketplace software to enhance both supply and consumer experiences.
days to go:
Expired
investment:
£68,545
Aura is a simple, one of a kind, online solution to help people and those closest to them prepare for the end of life in a practical & emotional sense. Upon registering on the platform, the person needs to set up a profile and add the people he/she wishes to be connected with. Post this, the user can dip into practical information, illustrate end-of life wishes, write one's life story, or send goodbye messages, all of which are highly customisable, on the platform for their loved ones to see. The company's vision is to manage end of life practicalities, leave a legacy that can be controlled, and prepare the afflicted person and his/her family in all ways possible for the future. The company already has a promo website, and with the funds invested, it will develop its Minimum Viable Product (MVP) to ensure a steady base of users join its platform.
days to go:
Expired
investment:
£177,458
