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.
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BMM Networks is a company specialising in providing electric vehicle charging solutions throughout the UK. Currently, there are about 250,000 electric vehicles (EV) in the UK, with the hope that it will increase to 1 million by 2022. But this transition requires dependable and safe On-Street and Workplace charging stations. The UK Government, through the Office for Low Emission Vehicles (OLEV), has dedicated over £900 million of funding to expanding EV usage, of which £500 million is in scope for the BMM charging point business model. With the help of its delivery partner, BMM Energy Solutions Limited, BMM Networks has engaged with several local authorities to develop charging solutions. The company is one of the 10 approved framework providers for OLEV funded projects. Within this setup, OLEV will fund 75% of the installation cost or £5,000 for each charging point, leaving BMM to fund the balance of £1,250 per charger. This will enhance the coverage of charging points thereby boosting EV sales. The company is seeking £1.375 million of equity funding to boost its brand identity and business opportunities.
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SMARTR Health Limited, also called Celsium, is a medical technology company. It has developed the world’s first medical-grade device that continuously measures core temperature, both accurately and non-invasively, through a combination of a wearable sensor and a smart platform. Intended for use in the formal healthcare sector, as well as at home, it has been classified as a CE Class 2A medical device in the EU and as an FDA 510K medical device in the US. In a clinical study, conducted in collaboration with Boston Children’s Hospital and Cleveland Clinic, the company's product showed promising results 10-20 times more accurate than current devices. Celsium has experienced a surge in demand due to Covid-19, where fever is a key symptom. This, the company argues, is a perfect time to accelerate its business plan.
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Your Favourite Teacher (YFT) is a General Certificate of Secondary Education (GCSE) supported online teaching and learning platform that offers students access to high quality and engaging courses. The portal allows students, particularly disadvantaged ones, to navigate through subject areas and courses. Lessons take place through videos, interactive quizzes, development resources, and tested via exam practice sessions. The platform has a pupil dashboard where students can track their progress and celebrate their achievements. In the UK, schools are spending c.£0.9 billion on EdTech per annum. The Covid-19 lockdown is expected to boost the demand for e-learning platforms. YFT offers more than 50 published courses (15 more in production) covering English, English Literature, Maths, and Sciences etc. It has won multiple customers including secondary schools, alternative provision sites and sports academies (including Premier League Football clubs like Manchester United and Arsenal). YFT is seeking an investment of £550,000 to further the growth and reach of the company.
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Savortex is a British IoT (Internet of Things) hand-hygiene technology company. It has designed a patent-pending, non-touch, smart hand sanitizer dispenser. Savortex argues that the worldwide market for 'Hand Sanitizers' is forecast to grow to $36.6 billion by 2026 in the wake of COVID-19. The company aims to become a segment leader in this sector. Savortex claims that IoT enabled hand dryers and sanitizers can identify individuals who use the aforementioned devices and those that did not. Building managers can use this data to ensure the highest level of hygienic discipline. Savortex points out that its IoT devices can also provide real-time data on the number of times a hand dryer or sanitizer is being used in other locations. This allows a range of clients, including supermarkets, hotels, restaurants, and shopping centres, to assess how hygienic their customer base is and take measures accordingly. Savortex will use the £1,075,000 of growth capital to develop its sales channels, continue product development, and access new markets globally.
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Supper aims to be a unique delivery service focusing on quality and service for high-end restaurants. It argues that its commercial metrics and lack of reliance on 'Gig-Economy' workers sets it apart from competitors. The company intends to become a contender in the food delivery market that grew by 35% in 2020 and by almost 150% over the last 5 years. It has partnered with 130 notable establishments such as Zuma, Park Chinois, Milos, and Cova, to name a few. Supper has 61,000 customers on its portal that is further growing by 1,500 new customers every month. The company delivers 1,000 orders each week and has fulfilled 100,000 orders to date with the average order costing £100. It delivers orders via its purpose-built, gyroscopically-stable, and temperature-controlled vehicles. Supper will use the investment to focus on its growth in London and expand globally.
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Maven Leisure Limited, or Maven, is being established by the current owners and senior management of ETM Group Limited, which operates 13 premium bars, pubs and restaurants in Central London including, rooftop bar Aviary, The Botanist Sloane Square, premium sports bars Greenwood, Westwood and Redwood and its brew and sports pub, Long Arm Pub and Brewery. Maven's founders aim to take advantage of favourable market conditions and raise third-party capital to fund anticipated growth over the next three to five years. ETM asserts that it has grown from a single site to a business turning over c.£35 million and generating c.£3.2 million EBITDA with no external equity funding since its formation in 2013. It aspires to take Maven towards profitability. Maven cites data stating that sector experts predict a rapid return to previous levels of business in the hospitality sector once the Covid-19 lockdown is relaxed. It aims to capitalise on this sentiment and use the investment to grow its profitability across different verticals.
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Arkivum Limited is a cloud-based Software as a Service (SaaS) that provides specialist digital archiving and preservation services to customers in highly regulated industries, such as pharmaceuticals. Arkivum asserts that its software ensures that the digital content of its customers is safeguarded, usable, and auditable for decades into the future. Arkivum argues that its focus area is archiving clinical trial data for pharmaceutical companies, centring around Electronic Trial Master File (eTMF) that contain tens of thousands of different types of documents and overseen closely by drug sponsors. The company further claims that its services triumph over those offered by Amazon Web Services (AWS), Google Cloud Platform (GCP) and Microsoft Azure. Arkivum points out that its services have led to the company earning £1.4 million as Annual Recurring Revenue (ARR) as of March 2021. Arkivum is seeking to raise up to £1.075 million of equity to grow its business across different verticals.
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Soho Street Cocktails (SSC) uses the finest quality ingredients, including real fruits with no artificial flavours or colours to produce high-quality pre-mixed cocktails. SSC argues that bars and restaurants make high margins from the sale of cocktails but the serving time of several minutes per cocktail causes either a backlog of bar orders or requires additional staff. The company asserts that its drinks, in contrast, are poured directly into a cocktail shaker with ice, shaken for 8-10 seconds, then served to the customer. SSC stresses that it has found success in bars and restaurants. SSC's current range consists of three ready-mixed cocktails, namely Espresso martini, Pornstar martini, and Raspberry Daiquiri, with more flavours in the pipeline. It has submitted its product for sampling and testing with major retailers, including Waitrose, Sainsbury, Tesco and Costco. SSC states it will use the investment for additional production runs to ensure sufficient stock to cater to larger orders from distributors and festivals.
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Boom is a pioneering force in the business telecom sector, introducing a cutting-edge Unified Communications cloud-based IaaS infrastructure that combines Unified Communications, software integration, and advanced analytics to cater to businesses of all sizes. Through their white label approach, Boom offers an innovative Insight as a Service (IaaS) solution, allowing resellers to gain unparalleled insights across their clients' services. Led by a skilled team, Boom sets itself apart by merging three cloud services, including Unified Communications, software integration, and advanced analytics, enabling businesses to enhance customer interactions and experiences.
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