Marine Power Systems (MPS) is a company that has developed a technology that can harness wind power, wave power or combined wind and wave energy at grid scale. MPS estimates global electricity consumption as a £2 trillion annual market that is growing with a need for harnessing renewable energy sources. The company's mission is to be a world leader in the manufacturing and supply of marine energy extraction hardware. MPS completed a multi-million-pound project to design, manufacture and sea test a 1:4 scale prototype at Falmouth, UK. The company will use the investment to match-fund £17 million of non-dilutive government grant funding that is already secured for a project to design, manufacture and test a full-scale device demonstrator that will prove the technology is ready for commercial scaling.
days to go:
Expired
investment:
£2,151,815
Den has designed the next generation of live switches and plug sockets for the world. Unlike an ordinary switch, one can control the Den switches from the tap of an application. Back in 2015, Den was simply an idea, since then the company has developed a range of eleven products and a beautiful, user-friendly smartphone application that works across IOS and Android. Den is now an experienced team of 24 people with offices located in London and Poland. The company’s team consists of engineers, developers, and designers. The company has received a tremendous amount of interest from retailers, wholesalers, and home builders. With the proceeds, the company aims at launching an entire range of new products and build its sales and marketing significantly.
days to go:
Expired
investment:
£273,190
Electric Assisted Vehicles Limited or EAV is a new generation vehicle design and manufacturing company providing a world-class solution. In August, the company has been revealed at the UK EV summit in Oxford. DPD is the technical partner of EAV and it has issued Letter of Intent for 50 more EAVans. With the proceeds, the company will expand into the international market, develop the product and will set its business lease plans.
days to go:
Expired
investment:
£215,130
The Funky Appliance Company (TFAC) take popular domestic appliances and give them a funky twist. It has partnered with Europe's largest small domestic appliance and housewares distributor, RKW, and intends to have its products stocked on the shelves of the UK's large electrical retailers by Q4 of 2021. TFAC began to work on its new 'Funky Kettle' and 'Funky Toaster' in January 2019, which eventually launched in the UK in 2021 to positive feedback. TFAC claims that alongside this private round on Seedrs, it has partnered with Forster Chase Ventures who are looking to secure a minimum investment of £1 million in the business. TFAC claims that the 'Funky Iron' was awarded the status "Good Housekeeping Institute Approved" and was recently given the title of "Best Iron for Large Households" by the Independent newspaper's "Indy Best" journalist. TFAC will use the investment to spend more money marketing its products and turning its inventory into cash.
days to go:
Expired
investment:
£153,534
Tech Will Save Us is a company that specialises in making STEAM (Science, Technology, Engineering, Art, and Math) kits for children in the 4-6, 7-10 and 11+ age categories. The company has created a home learning system that enables kids to learn about the world through technology and play. There are three core components to its home learning system: A Digital platform, Physical Experiences and Subscriptions through which the company has helped over 1 million kids build & create. For its ingenuity, the company received the 2019 Good Housekeeping Best Toy Award for Electro Guitar and the Design of the Year Nomination by the London Design Museum. It also collaborated with the BBC to develop The BBC micro: bit., a pocket-sized computer designed for kids to invent with which, in turn, was given to one million kids and is now used in over 40 countries. Its first coding product, Gamer Kit was launched at WIRED's 1st Next Gen conference amidst positive feedback. The company will use 15% of the proceeds in Technology and Research & Development, 25% for marketing, and 60% for working capital and team building.
days to go:
Expired
investment:
£843,940
Vitae London is a fashion brand producing water-resistant, stainless steel casing, and high-quality watches. For every watch sold, the company supports a South African child by providing all the resources they need for education. Vitae London has sold its products in over 30 countries and has distributed over 2,000 items of school uniform to children in need. It has been featured in CNN and BBC, and has been endorsed by Pharrell Williams, Richard Branson and many more high-profile names. The company is raising funds to make key hiring, launch US fulfilment site, and drive marketing channels.
days to go:
Expired
investment:
£109,536
Helping online retailers run profitable operations by managing their orders, stock levels and couriers. Veeqo's software has been implemented in more than 300 retailers' systems and processes transactions with an average value of £16m per month. Businesses can access their data from almost any smart device and Veeqo have also released Scanner for all retailers, a hardware device with functionalities similarly used by Amazon in their distribution warehouses.
Revenue is generated via retailers paying a regular licensing fee to use the Veeqo platform. This can range from £4,000 to £20,000 per annum. In addition, retailers can also lease the Veeqo Scanner from the company. Funds will allow Veeqo to develop products that can be used in-store at POS systems, as well as strengthen the business further in the UK.
days to go:
Expired
investment:
£126,550
Tethered Drones Systems Limited (TDS) builds and develops autonomous tethered drones for use in surveillance and communications scenarios. Its product, Tethered UAV, exhibits a flight duration of 24 hours or more with secure communication via a tether. The platform can carry a range of payloads to meet client needs. The company asserts that the product has multiple uses for broadcasters such as telecasting outdoor sporting events. The UAV's blue light services, including search and rescue, holds prominence in high-risk maintenance inspections for oil and gas platforms and wind farms – both on and offshore. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£73,125
Hope is an online fashion brand that targets the 50+ woman demographic. Founded in 2015 by Nayna McIntosh, who has more than 30 years of experience in the fashion industry, the company has 34,000 subscribers and 6,300 customers. The brand is 'Made in Italy' or 'Made in UK' using recycled cashmere and 100% recyclable packaging. Hope has 1600+ reviews on Trustpilot and has been featured in The Sunday Telegraph/Woman & Home and The Telegraph Magazine. With the proceeds, the company will invest in digital advertising and web development.
days to go:
Expired
investment:
£268,312
BEEN London is a next-generation sustainable accessory brand which converts waste into beautiful products, for customers all around the world. They aim to change the way people make, perceive and buy beautiful things and want to make everyone part of the solution, involving local artisans and people with learning disabilities in the growing economy of sustainable fashion. Till now, they have successfully shipped orders to 18 countries worldwide, achieved profitability from Year 1 and launched 17 different products including backpacks, laptop cases and tote bags. BEEN is a UK FUTURE 20 startup, a finalist at the Sustainable Lifestyle Awards, and a profitable company looking to scale up into a global, game-changing sustainable brand. BEEN have been approved for investment by London Fashion Fund. With the funds, they want to accelerate sales, increase margins and turn other streams of waste into new incredible products.
days to go:
Expired
investment:
£325,589
