WELD is a fitness company on a mission to make on-demand health, fitness and wellbeing available to all ages & abilities. The company allows users and instructors to set the time and place for the training session, rent out their home or commercial spaces for activities, or interact 1-2-1 online. This approach, the company believes, helps personal trainers, hit by the Covid-19 lockdown, find clients. WELD also allows trainers to set their prices and keep 90% of their fees, and lets customers enjoy a 2% commission on referrals for every future session taken in perpetuity. WELD aims to tap into the $94 billion global fitness and wellness market that grew 8.7% from 2018/19. The company's primary target audience is Generation Z that, the company believes, embraced wellness. WELD will use the investment to improve its platform, boost marketing and plug the fitness & wellness gap.
days to go:
Expired
investment:
£199,227
Canny make and sell all natural flavoured milkshakes which are already being listed in stores across the UK and on Virgin trains. The 100% natural drinks provide 11 grams of protein per bottle and have less than 5% sugar, and will be launching a no refined sugar option this summer.
days to go:
Expired
investment:
£172,780
Yumbles is a leading UK online marketplace for artisan food. It currently connects over 600 independent food makers directly with consumers. The company is targeting the UK’s estimated £10bn+ UK Speciality Food & Drink market, having seen £1m+ sales in the last 12 months resulting in £400k+ revenue.
days to go:
Expired
investment:
£262,080
Creating Scottish cocktails that are high quality and ready-to-drink. The Venom Project's drinks consist of 5 flavours available in cans that contain 8% alcohol and are currently sold in off-licenses in Scotland, as well as over 300 retailers. In the first 7 months of trading, the company has been listed by over 250 stockists and sold more than 150k units. This has resulted in sales of £500k with the team growing from 3 to 10 members to handle demand.
More than 250 stores have requested re-orders on a monthly basis and The Venom Project has predicted that 250k units per month will be reached in the near future. Funds will allow the company to escalate their manufacturing process to meet consumer demand, as well as acquire more stockists to attract new customers to the brand. A new manufacturing process will also allow the business to print their cans, which will aid in reducing production costs.
days to go:
Expired
investment:
£62,170
Morso London is a modern community-centred restaurant that serves hand-crafted freshly made pasta and Italian bites with grappa-based cocktails. Launched in June 2018, the restaurant is created by a team of industry veterans. Paolo Vernetti is the Co-founder, head chef and CEO of Morso. Since Dec 2018, Morso has been TripAdvisor's Top 50 restaurant. The restaurant has received more than 100 5 star reviews. Morso was covered by Fay Maschler’s “Week in Food”, The Upcoming, The Infatuation and many other important food/media publications. Morso has achieved a 3x weekly sales growth from June 2018 to Jan 2019. It is achieving a positive site EBITDA on the 6th month of trading. Morso is planning to grow by opening two more sites in 2019.
days to go:
Expired
investment:
£99,950
An e-commerce platform that facilities merchants selling their products to consumers. TheFoodMarket.com primarily cater for high-moral businesses using only natural and organic ingredients within ethical supply chains. Customers place and pay for orders via the website and the merchants will directly deliver the order to the customer. A wide range of food is sold on the platform, such as healthy and gourmet varieties which are available from a farmer's market, a food hall, or a deli.
TheFoodMarket.com's main source of revenue is from commissions on customer orders, which is charged to the merchants utilising the platform. In the last 12 months, more than 100 businesses have signed-up on TheFoodMarket.com to become merchants. Current investors include founders of major businesses such as Play.com, MoneySupermarket.com and feelunique.com. New revenue streams are currently being developed which include advertising and introducing a partnership service in 2019.
days to go:
Expired
investment:
£353,999
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days to go:
Expired
investment:
£964,550
An award-winning independent brewery that has been profitable every year since 2014 with worldwide distribution. Siren Craft Brew creates beers to ease those new to drinking, whilst producing adventurous flavours to continuously recapture and entice customers to return to their products.
The business has won numerous awards for their beers. In their first year of launching, Ratebeer.com rated Siren Craft Brew as the 2nd Best New Brewery in the World and is repeatedly listed in their Top 100 Brewers every year. They have also been awarded the World Beer Cup medal and CAMRA’s Supreme Champion Beer of Britain for their flagship stout.
Siren Craft Brew consists of a team of 28 people, whilst achieving £2.82m in annual turnover. In 2018 so far, their revenue has grown by 28% and their brewery has produced more than 2m pints this year.
The company is now raising funds to package their products into cans, as they have already identified a canning manufacturer that will meet the business's needs to also create high-quality bottles for their beer. Any overfunding will result in the company being able to take their taproom experience to other areas, as well as increase beer production and produce drinks in a more efficient manner.
days to go:
Expired
investment:
£1,215,170
H2O-ganics is using brand new technology to transform UK crop-growing. They are able to use this technology to grow vegetables indoors, without the need for pesticides and protected from disease and environmental factors.
days to go:
Expired
investment:
£76,418
HealthBox Software is a technology company building products for the post-COVID healthcare landscape. Its first product, ClearPass, was met with success. The tool asks an employee a series of screening questions related to COVID-19, including evidence of fever, fatigue, and dry cough, etc. ClearPass has over 400,000 end-users including companies like Johnson Controls, Remy Cointreau and the San Diego School District. HealthBox aims to be a significant contender in the global digital health market that is expected to be worth $600 billion by 2026. The company is on the verge of launching another innovative product, MyHealthBox. It is a consumer-facing digital health app that will allow users to store their medical records, easily accessible 24/7. HealthBox asserts that the app will have an array of features, including AI health assessment services, dietary advice and data-powered lifestyle guidance. The company will use 47% of the investment towards technology and development costs, and 53% towards sales and marketing.
days to go:
Expired
investment:
£144,265
