MiiCARE is a company that provides AI-based in-home companionship & health support for the elderly. miiCARE provides an 18-month product validation process with the NHS and the elderly. Its innovation miiCUBE is a cloud-based assistive technology solution that can detect an emergency and inform a designated responder. miiCARE already has 250 prospective clients who have already expressed interest to purchase the product. The company was accepted for the 'Microsoft for Startups' program in 2019 and Microsoft's 'AI for Good' acceleration cohort in 2020. The company will utilise the investments to create an emergency stock to support future orders, fulfill orders for clients, strengthen its team, and create a small inventory for orders.
days to go:
Expired
investment:
£354,632
Rebel Energy (RE) is an energy supplier on a mission to address inequality and provide everyone with easy access to clean and affordable energy, to eventually eliminate fuel poverty. RE claims that fuel poverty led to 16,500+ cold-related deaths in the UK in 2018. RE argues that as the UK home electricity market enters a phase of growth in a post-COVID world, it will be focused on offering reliable customer service and develop strategies that help people who are struggling with their electricity bills. The company has applied for a B Corporation accreditation. RE asserts that its customer support systems are automated and can handle multiple queries simultaneously. It plans to offer a weekly direct debit payment option. RE will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£503,810
Vitvo manage short term loans and bridge lending for residential property owners, offering competitive rates and quick turnaround. The team includes extensive senior level experience in institutional credit markets and the bridge lending market.
days to go:
Expired
investment:
£219,429
MyAllergy have created a mobile app to help those with allergies and dietary restrictions send information about their dietary restrictions to others. Customers are able to create a personalised profile online so they can receive personalised information and connect with others.
days to go:
Expired
investment:
£23,174
JiveBird allows users to create and send a greetings package that consists of a personal voice message, music, eCard, a photo or selfie, and a gift to their loved ones or acquaintances. The company asserts that its package can be sent at the last minute or in advance. Jivebird claims that for the millions of people who send greetings and gifts every year, its portal provides a personal, cheaper, and convenient way to send greetings. Jivebird argues that it has no direct competitors. Its exit strategy is to sell the company when it achieves the growth metrics in the business plan, projected to be within five years of consumer launch.
days to go:
Expired
investment:
Withheld
Charm is a peer-to-peer impact investment platform that allows a user to use his/her investments to drive positive change in the world while earning a financial return. Morgan Stanley estimates that 85% of people are interested in sustainable investing. Charm enables individuals to fund projects led by high-impact entrepreneurs selling clean energy solutions in developing economies. Users can view their investments on the company's transparent, personalised impact investment dashboard, as well as, earn social, environmental and financial bottom line returns for their contributions. The company secured a £496,000 grant funding to develop its platform, refine its offering & provide growth capital. It is in the process of becoming an appointed representative of a Financial Conduct Authority (FCA) authorised entity post this funding round. It will use the investment to expand its team, develop its platform, and raise brand awareness.
days to go:
Expired
investment:
£273,720
UnderPinned gives freelancers a single, dedicated platform to learn how to build a successful business, find clients, manage their work, and help them get paid on time. The company aspires to build a connection with users that ensures everyone thrives through its accelerator programme, community, and content. UnderPinned asserts that its accelerator programme allows it to achieve day one unit profitability before converting users to subscribers. It claims to have made £12,772 in revenue with £8,000 spent on marketing in its first month of programme sales in January 2021. The company argues that COVID-19 has accelerated freelancing, moving away from traditional employment. UnderPinned has a community of over 20,000 subscribers and growing. It says itvwill use the investment to scale its team, marketing and product development as it focuses on expanding in the US and EU markets.
days to go:
Expired
investment:
£629,086
Assetz Capital is a leading property-secured business marketplace lender in the UK and Europe. It provides loans to small and medium enterprises (SMEs), and property developers in the UK, financed by retail investors, institutional investors, government bodies and banks. The company has arranged loans of over £1 billion since its founding in April 2013. It ranked 53rd out of the UK’s top 100 fastest-growing technology companies for two consecutive years in the Sunday Times Tech Track 100, and funded the equivalent of 1 in 100 UK homes in the last two years. Assetz Capital aims to utilise the investment to fund legal and structuring work around the Coronavirus Business Interruption Loan Schemes (CBILS), have working capital for business development, grow its team, and possibly launch an Initial Public Offering (IPO) in the future.
days to go:
Expired
investment:
£760,600
Turning homes into renewable energy generators by offering homeowners the ability to create, accumulate and redistribute electricity via an app. Resilience is enabling customers to sell electricity generated from their homes to the National Grid and potentially reducing their energy consumption bills by up to 80%. The company will provide customers with the necessary software, hardware and means to produce electricity that can be stored and sold, as well as monitored through an app.
Resilience's technology is designed to be future-proof and integrate with upcoming and emerging tech. Their monitoring system can also detect any faults in advance to allow action to be taken before issues arise. The company is developing sales channels by working alongside housing developers and energy firms. The initial target market is the 23m homes that used traditional energy suppliers in 2017, as well as the 800k homes that are fitted with solar PV panels.
days to go:
Expired
investment:
£151,900
Innovate Recycle (IR) is a company that aims to reduce carbon emissions from burning discarded carpets. It asserts that only 2% of the 400,000 tonnes of discarded carpets in the UK is recycled, with the rest going into a landfill or being incinerated. IR further points out that burning waste carpet leads to an estimated CO2 impact of £16 million per annum in the UK. It wants to solve this crisis. IR is building a new carpet recycling plant in Northamptonshire that would be able to recycle carpets into reusable materials. They have already received grant funding of up to £2.35 million. IR claims that a single production line in the plant, at full capacity, can recycle up to 20,000 tonnes each year and generate 12,600 tonnes of polypropylene pellets. It will use the investment to expand to a second production line by Year 4 at the same facility.
days to go:
Expired
investment:
£2,650,000
