Authenticating artwork by using DNA tags to produce certificates as a solution to forgery and fraud. Tagsmart has almost 250 artists with over 11,000 tags issued across more than 23,000 pieces of artwork. Revenue is generated via commissions with retailers where the artwork is sold, rather than from the artist. Funding will be aimed at R&D to continuously improve the security and to take the brand worldwide due to interest and demand from overseas.
days to go:
Expired
investment:
£503,925
CFP is a family owned business which is backed by British Business Bank. The company has created the world’s leading carbon fibre composite recycling operation. CFP has drawn a pipeline of business across a range of applications and is now involved with 25+ businesses across automotive, defence, and oil and gas industries. The company has taken concrete steps to improve its sales team to reflect its end market focus. CFP believes that as the adoption of the products occurs, the markets are adequately plentiful and different for CFP to achieve its aspirations and that the exit valuation fixed out in the Investment Memorandum remains achievable.
days to go:
Expired
investment:
Withheld
Please watch the video for more information
days to go:
Expired
investment:
£376,618
ArtAttack is a social network for art e-commerce. They see themselves as a Instagram like app with the addition of a buy button, so it's as much an art sharing platform as it is an art selling platform.
days to go:
Expired
investment:
£48,430
ISO Spaces utilises shipping containers to design and manufacture pop-up portable spaces for many blue-chip businesses including Fever-Tree and Jeep to display and market their products and services. This award-winning company is now ready to enter the modular housing market with more than 500 homes already in the pipeline for 2018.
days to go:
Expired
investment:
£651,950
Carnot is developing hydrogen engines with key components manufactured from ceramics able to withstand fuel combustion temperatures, eliminating the need for cooling systems and doubling the efficiencies of modern engines. The company argues that modern engines waste on average one-third of fuel energy to cool systems that stop metallic components from melting. Carnot claims that its engines eliminate this waste doubling efficiency, halve fuel costs and CO2 and achieve net-zero operation by operating on biofuels and hydrogen benefiting the long haul transport, marine and primary off-grid power markets. Carnot has raised over £600,000 including a pre-seed round in 2020 for £357,000 at a pre-money valuation of £2 million, a £300,000 Innovate UK grant and another £300,000 Eureka Eurostar’s grant. Carnot has a 5-year, 3-phase exit strategy and will begin licensing its IP at the end of 2023 at which point it will begin generating revenue. It will eventually look for acquisition from one of its manufacturing partners in 2025 after demonstrating industry acceptance of its technology.
days to go:
Expired
investment:
£262,500
Carnot is an engineering company that is developing biofuel and hydrogen-powered Carnot engines with the aim of reducing global CO2 levels by 13%. The company asserts that metal engines, unable to withstand fuel combustion temperatures, waste one-third of fuel energy to cooling & have operating efficiencies of only 30%. Carnot argues that its engines can bring operating efficiencies up to 70%, halving fuel costs. It also intends to develop clean, secure, and affordable global off-grid energy solutions and provide disruptive technologies that are both commercially viable and environmentally friendly. Carnot was awarded a £157,000 Innovate UK Grant to develop an energy access solution in Sub-Saharan Africa. It was also awarded a place on OGTC Tech X accelerator, in partnership with organisations like British Petrol (BP), Equinor, and KPMG with a £100,000 funding. The company will use the investment to bump up the maximum theoretical engine efficiency to ~85%.
days to go:
Expired
investment:
£307,911
planarTECH is an engineering company founded in 2014 as a provider of process equipment for the growth and characterisation of graphene and other emerging 2D materials. Its core product line is the planarGROW Chemical Vapor (CVD) system. The company has the ability to deliver scalable production systems that allow lower-cost production of graphene in comparison to other options currently available in the market. Moreover, from 2014 to 2019, the company’s cumulative revenues exceeded £5 million. The company's products have been installed and used by faculties and students at prestigious universities like Stanford University (USA), IIT- Bombay (India), Deakin University (Australia), and many others. From the investment, the company will utilise 45% as working capital, 30% in Capital Expenditures (CAPEX), 15% in R&D and 10% in hiring additional staff.
days to go:
Expired
investment:
£425,061
FloatWind manufactures mass-produced floating offshore wind turbines. It seeks to disrupt the £20 billion offshore wind energy market. The company argues that conventional offshore wind farms, installed at sea, use expensive and slow installation methods that are also dangerous to the marine environment. It further stresses that the high cost of installation is often borne by the consumer. FloatWind asserts that its business model is different. The company claims to build its products on land and then floats its ready-to-float turbines out to sea. The company points out that this reduces environmental damage, substantially reduces costs, and makes offshore wind energy cheaper. FloatWind was selected for a 6-month UK Innovate Edge business mentoring programme and appeared for SetSquared Business Mentoring Seminar in May 2021. The company has 3,000+ followers on LinkedIn. FloatWind states it will use the investment for product development, expanding its team, IP protection, promoting marketing and PR, and boosting its manufacturing capabilities.
days to go:
Expired
investment:
£311,497
Advanced Blast & Ballistic Systems (ABBS) is a company that has developed globally patented systems to counteract the forces an armoured vehicle sustains when a mine or Improvised Explosive Device (IED) explodes under it. ABBS asserts that mines and IEDs accounted for over 80% of UK and US army casualties in Iraq and Afghanistan. ABBS aims to change this and become a major contender in the $20 billion armoured vehicle protection market. The company points out that it has been tasked by the European Union Aviation Safety Agency (EASA) and European Organisation for Civil Aviation Equipment (EUROCAE) to draft safety regulations for emergency descent arrest systems. The company also holds multiple patents for its proven Vehicle Global Acceleration Mitigation (VGAM) vehicle mine protection system and has a patent pending for a Zero-Zero Crash Prevention (ZZCP) system for light aircraft and electric Vertical Takeoff and Landing (eVTOLs) systems. It will use the investment for marketing, boosting R&D, and maintaining and expanding its IP/patent portfolio.
days to go:
Expired
investment:
£88,003
