what3words is a company whose mission is to make finding and sharing exact locations a simplified task. It has divided the world into 3m squares and given each square a unique combination of three words. what3words is backed by organisations such as Mercedes-Benz, Intel Capital and Sony Innovation Fund. The company's app provides a precise location to drones, driverless cars and voice-controlled devices, in turn, boosting businesses. Emergency services and NGOs are also using what3words for critical services and saving lives. Till date, the company has received over £50 million of funding and was the 'App of the Day' in 143 countries. The company will use the investment to become a global standard for communicating location.
days to go:
Expired
investment:
£7,155,716
KegTracker is a company that has launched an innovative Internet of Things (IoT) enabled device that turns kegs into smart containers. The device tracks real-time location, volume, temperature and motion for each keg in order to create reports & insights that enable a sustainable supply chain. The company asserts that a lack of transparency in managing kegs has led to annual industry losses of £1.4 billion+ in theft and spoilage, £1 billion+ in poor distribution, and £500 million+ in suboptimal production and lost containers. KegTracker argues that its device can reduce these losses significantly. The company has developed a working prototype, filed a patent and received letters of interest from leading UK breweries, coffee roasters and Wales National Health Service (NHS). In 2019, the company featured in Startups Magazine and were finalists at FutureFood Awards, London & Partners BGP, and Pitch@Palace. It will use the investment to bring its product to more markets.
days to go:
Expired
investment:
£511,428
Currently for ~259 million cell-phone users getting their phone charged is a daily challenge. BuffaloGrid provide mobile power and internet service for the off-grid parts of the world. BuffaloGrid use solar energy and a cashless payment system.
days to go:
Expired
investment:
£496,000
Subscribbe is a B2B e-commerce marketplace platform for Convenience and Independent (CI) stores. It argues that about 46,000 of these stores have traditionally had no bargaining power compared to supermarkets and wholesalers. Subscribbe wants to change this and connect CI stores, manufacturers, and fulfilment centres via its platform. The company aspires to level the playing field for smaller players and enable them to become wholesale e-commerce businesses. It has been developing its platform to enable CI stores to use proprietary fulfilment and logistics technology to connect to independent warehouse and logistics operators across the UK since its launch in 2020. Subscribbe wants to become a contender in the £40 billion convenience market. It has raised £400,000 to date to hire a core team, focusing on product engineering. The company will use the investment to continue product development and testing, continue onboarding executive and operations teams, continuing from successful hires in 2020, including Subscribbe engineers and the UX/Design team, and ready to launch V1.0 of its platform in 2021.
days to go:
Expired
investment:
£140,794
MyFirstUK is a car insurance platform for first time driver. It aims to offer young people the perfect cover at the right price and also provide them with all of the guidance they need to make an informed decision.
days to go:
Expired
investment:
£61,920
The KNOMI app was launched a year ago and with over 70 luxury brands on board so far they have had over 2000 store visits from users. They help high spending tourists and discerning locals find London's best luxury designer and independent boutiques.
days to go:
Expired
investment:
Withheld
Meetzoo is a mobile app that is designed to help people manage their business meetings and time more effectively. Meetzoo users can see information about people they meet, whether they've met before, collaborate on agenda items, notes and quickly see any outstanding actions from previous meetings.
days to go:
Expired
investment:
£144,640
Hybrid Air Vehicles have created aircraft technology that is more efficient that any existing technology. They produce less noise, less pollution and have a larger cargo-carrying capacity than almost any other flying vehicle.
days to go:
Expired
investment:
£1,223,370
SplitBill allows free instantaneous money transfer between friends and family and enables merchants to save in processing fees versus credit cards transactions. The company is built around 'Open Banking' and claims to reduce card payments for its users. It aspires to become a contender in the 'Open Banking' sector that is estimated to grow to £7.2 billion by 2022. SplitBill asserts that its app has been downloaded 3000 times. The company's portal has processed more than £90,000 in Consumer To Consumer (C2C) transactions to date. They state they will use the investment to simplify e-commerce enabling transactions without inserting card details by linking through API to the merchants' stores, allowing users to settle restaurants bills at the table by just scanning a QR code, acquiring clients and boosting business development.
days to go:
Expired
investment:
£113,540
eDrinks is on a mission to help the hospitality industry harness the power of technology and social media. It has come out with digital drink tokens redeemable in partner pubs and bars. Users can gift and receive the tokens from friends, family or even a stranger and redeem them in pubs and bars using the 'MyRound' app. eDrinks has acquired over 2000 users over 1.5 months through organic social marketing, of which, 1011 are active ones. It has also availed the Commercial Partner Membership (CPM) of the British Beer & Pub Association (BBPA). The company is also developing its proprietary 'Bar Tab' redemption app to make it easy for independent venues to scan and redeem eDrinks contactless. eDrinks will use the investment to create marketing campaigns, app development, and hiring personnel.
days to go:
Expired
investment:
£116,195
