Virtus Energy (VE) is a nationwide Electric Vehicle (EV) charging installation company that can install EV infrastructure anywhere in the UK. It works with producers of electric vehicle charging points, EV sockets and pedestals to provide clients with a one-stop EV charging solution offer that includes installation, a smart charging management app, guidance, and helpline assistance. It has partnered with Rivervale Leasing providing them with a home charging installation service, that is borne by the latter's customer’s monthly rentals, a first for the car leasing industry. VE has also provided solutions for growing companies such as Paack and ABP Food Group. It will use the investment to hire key staff, strengthen its marketing activities, and boost its business development divisions.
days to go:
Expired
investment:
£429,051
E-RIDER sell electric bikes and scooters and is a new concept in personal travel. The E-RIDER bikes and scooters glide over the road with all the convenience of a silent motorcycle. All of the E-RIDER bikes and scooters come with a brake light, audible indicators, wing mirrors and motorbike suspension and these all allow for a more comfortable, safer ride.
days to go:
Expired
investment:
£4,550
Altr is an e-commerce startup that specialises in male grooming and cosmetics. It is a brand that is committed to helping men look and feel more confident. The company adopts a B2C business model with the aim to reconstruct male cosmetics from a niche into a mass-market essential. The company retails through its own website and supplies across the UK, the US, Italy, and Spain through Amazon. In December last year, the company recorded a monthly turnover of £45k, doubling sales month on month (Oct-Dec). The funds raised will be used to increase product range and expand internationally.
days to go:
Expired
investment:
£103,530
A taxi and on-demand delivery service using electronically assisted, high-tech cargo bikes to offer a cleaner, faster and cheaper means of transportation. Pedal Me uses highly trained riders within London to carry almost any load, including two adults, which can all be booked through their app.
Between October 2017 and September 2018, Pedal Me generated revenues of more than £125k. They will be allocating investments towards increasing efficiency and improving pickup times.
Funds in this round will be used to add more bikes, riders and use smarter technology. Pedal Me aims to have more than 30 bikes within a 3-mile radius from the city centre. This will result in reducing pickup times to less than 8 minutes from a booking being placed. In addition, the company will 'stack' delivery jobs, which means one rider will be able to carry out multiple orders in a single journey and will therefore allow Pedal Me to keep prices down for customers. Future plans include expanding the service to the rest of the UK and overseas.
days to go:
Expired
investment:
£352,580
East London Liquor Company (ELLC) has been distilling, importing and serving gins, whiskies, vodkas, rums, and canned cocktails since 2014. ELLC asserts that off-trade gin sales hit US$8.4 billion in 2020 with UK seltzer sales expected to reach £75 million by 2023. It intends to become a contender in the aforementioned categories. ELLC has had a 600% Year-on-Year (YoY) increase to £206,000 in off-trade sales from 2019-2020 to 2020-2021. The company has partnered with the UNESCO world heritage site, Royal Botanic Gardens, Kew, to release its product, Kew Gin. It has also entered into the Ready-To-Drink and seltzer categories with its range of canned drinks, and onboarded retailers like Waitrose, Tesco, and Co-Op. The company will use the investment to grow its off-trade channels both in the UK and abroad, expand its Direct To Consumer (DTC) output, update its 'Brand Home' to attract more customers, and increase its whisky production to meet demand.
days to go:
Expired
investment:
£921,686
cab:app was deisgned to allow users to book and pay for a black cab via their mobile. The app connects passengers with black cabs all over the UK. Passengers receive a loyalty reward of cab:miles to be used on their journeys or to share with friends.
days to go:
Expired
investment:
£31,178
Almond provides businesses and consumers with a method to understand their carbon footprint and use the company's proprietary offset tools to become carbon neutral. Consumers can earn Almond Tokens when purchasing products from Almond's partnering sustainable brands. The Almond Tokens can be spent on their website The Almond certification label on products enables them to demonstrate their commitment to protecting the environment, consumer health and building a better society for all. The core idea is to build a market that's geared towards sourcing and selling sustainable products. The green economy market is worth $4 trillion. The offset market was $300 million in 2018, having grown over 140-fold in 10 years. Almond seeks to be a market leader in this domain. It has also partnered with reputed institutions such as the World Wildlife Fund, and the Stockholm Environment Institute (carbon analytics). With the investment, the company aims to further the popularity of its existing Almond App and have more people join its ecosystem.
days to go:
Expired
investment:
£522,540
CoachScanner connects companies and people looking for coach or minibus hire with local reliable operators. Since launching in March 2016 bookings are taking place with over 800 active Operators and the size of the industry in the UK has reached £2.7 billion.
days to go:
Expired
investment:
£79,090
EV Hub plans to offer fast charging for fleets of electric cars, vans, and couriers at sites with 15-30 bays each. The company uses the latest stable technology that needs only c.30 minutes per charge in comparison to 1-2 hours ‘Fast’ chargers and overnight for ‘Slow’ home/work charging. EV Hub's goal is to start with London’s 3,000 electric taxis, and it will expand quickly to serve vans, hire cars, minicabs, and couriers. With the proceeds, the company will lease and run two first flagship, high-traffic sites, King’s Cross and Heathrow Airport, which will help boost the working capital to profitability.
days to go:
Expired
investment:
Withheld
ClearWaste is a price comparison website for waste removal and a provider of enforcement services to councils across the UK. The company argues that the cost to local authorities and taxpayers for cleaning up fly-tipping in England in 2016/17 was £57.7 million and is now thought to exceed £100 million. ClearWaste is on a mission to combat it through its app and web platform utilising reporting and prevention methodologies. The company links consumers with govt-registered waste removers backed by a £1k no-fly-tipping guarantee. ClearWaste argues that the UK waste industry is worth over £6.8 billion and supports more than 103,000 jobs. It aims to be a contender in this segment. ClearWaste has featured in press entities such as BBC, ITV, Channel 5, Sky, Times, and The Guardian. It was also a finalist at the National Recycling Awards 2020. ClearWaste will use the investment to develop its sales and marketing functions and further raise brand awareness.
days to go:
Expired
investment:
£199,599
