Advanced Blast & Ballistic Systems (ABBS) develops 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 argues that its systems can reverse this scenario. It aspires to become a contender in the $20 billion armoured vehicle protection market. The company 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. It 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. ABBS will use the investment for marketing, boosting R&D, and maintaining and expanding its IP/patent portfolio.
days to go:
Expired
investment:
£297,534
Marine Power Systems (MPS) is an innovative renewable energy company specializing in modular floating offshore wind technology, well-positioned to capitalize on the expanding worldwide potential of generating wind energy from advanced floating platforms. They have established revenue-generating agreements and secured significant grant funding, enabling them to further expand their team, enhance their customer pipeline, and undertake new commercial projects.
days to go:
Expired
investment:
£2,880,994
Lupe Technology (LT) aims to solve the frustrations that consumers were having with cordless vacuum cleaners. Its product, Lupe Pure Cordless Vacuum Cleaner, consists of the company's patented Suction Intensifier (SI) technology that can pick up dust more efficiently than conventional vacuum cleaners. Forbes calls the Pure Cordless 'The Rolls Royce of vacuum cleaners.' In 2019, LT completed the biggest ever crowdfunded vacuum cleaner campaign. In 2020, LT secured its first trade orders and completed a £560,000 Kickstarter campaign in 5 weeks. The company recorded profits of £100,000+ in November 2020 and achieved a positive Earnings Before Interest and Taxes (EBIT) position. LT will use 19% of the investment received towards marketing, 55% in stock, and 26% on overhead costs including payroll.
days to go:
Expired
investment:
£556,126
PyroCore is a waste-to-energy technology company. Its technology, Pyrolisis, burns waste and sludge for 30 minutes at 700-900 degree celsius in the absence of oxygen, which leads to reduction of waste volume by 90%, and the energy output can be used for heat, steam or power generation. It also eliminates the need for landfill sites, reduces carbon emissions, and helps businesses cut down on landfill taxes. The company has partnered with institutions such as Brunel University London and The Association for Renewable Energy and Technology. It has also contributed to charities such as Fresh Water Habitats, ALK Positive UK, and others. It is seeking support for deployment of its technology on sites where safe and easy disposal of hazardous or infectious waste can be undertaken, especially in the wake of Covid-19.
days to go:
Expired
investment:
Withheld
Mootral is a British Swiss agro-technology company that has come up with its patented natural feed supplement that significantly reduces methane emissions from ruminants by up to 38%. It claims that cow burps are the single biggest source of methane apart from the oil and gas sector. Mootral argues that its product addresses the above issue. The company teamed up with its flagship UK partner, Brades Farm, to provide them with Mootral for their cattle. Mootral has also earned carbon credits from enteric methane reduction from cattle, averaging >70 € per credit. The company intends to use this to finance the cost of its ruminant and help governments around the world reduce their emission targets. It has also received support from the Swiss Climate Foundation and featured in press entities such as CNN and Sky News. The company states it will use the investment to reach 10% of today's almost 1 billion industrialised cattle by 2030, hire key personnel and develop more climate-friendly solutions.
days to go:
Expired
investment:
£1,868,130
Riversimple is a car manufacturer and service provider that is spearheading ‘next-generation’ Hydrogen electric vehicles. It sells mobility as a service and retains ownership of its cars. Their pricing structure allows customers to pay a single monthly fee that covers the vehicle, fuel, maintenance, and insurance costs. It's proprietary offering, Rasa, is a two-seat local commuter vehicle that can achieve a 250mpg equivalent fuel figure with a 300-mile range from a 3-minute fill. The company has recently been awarded two new grants from The Office for Low Emission Vehicles (OLEV) for £1.25 million to support the build of its first low volume production run, and another from InnovateUK worth £0.5 million to support the deployment of cars in the Milford Haven Energy Kingdom project. The company has also been featured in several prominent publications such as The Guardian, CNBC, BBC Wales, Reuters and CNN to name a few. The company will use the investment to expand its engineering team and start volume production to reach product commercialisation by the end of 2022.
days to go:
Expired
investment:
£504,000
Polysolar aims to transform buildings and transport infrastructure into self-generating power stations by substituting conventional construction materials with solar glazing panels. Its customers include Sainsbury’s and Canary Wharf. The company estimates the crossover Building-integrated Photovoltaics (BIPV) glass market worth $4 billion and aims to be a strong contender in this segment. Polysolar successfully raised £1.3 million on Crowdcube in 2018. It is in the final stages to secure a supply & install agreement with E.ON SE. It also won tenders for installing Electric Vehicle (EV) charging hubs from South Gloucester CC and Lake District National Park Authority. The company will use the investment to commercialise the immediate and significant opportunity in EV charging solar canopies and carports.
days to go:
Expired
investment:
£1,268,410
INSPHERE uses image sensors and Artificial Intelligence (AI) to guide and correct robot positioning during the manufacturing process, ensuring right-first-time production. The company argues that industrial robots are not completely accurate and can experience unplanned downtime that can cost up to £10,000 per minute. INSPHERE asserts that its solution allows factory operators to operate safely with less downtime, and with multiple robot and human operators. The company has developed three products since 2013 which have received recognition in the aerospace and industrial automation sectors. INSPHERE is now launching IONA, a network of sensors that can be permanently deployed in a manufacturing environment to monitor and control industrial robots. IONA, the company points out, uses both hardware and software to correct errors taking into account the robot and its relationship to the workpiece. INSPHERE will use the investment to diversify the reach of IONA across markets.
days to go:
Expired
investment:
£1,149,999
pluumo makes sustainable thermal packaging material from waste feathers. The company asserts that fresh food deliveries need thermal packaging to keep ingredients frozen and prevent spoilage. pluumo claims that plastics such as Expanded Polystyrene (EPS) are used in this process, leading to 141,000 tons of plastic waste generated in the EU in 2019. pluumo asserts that its patent-pending material matches the performance of EPS, keeping items chilled for up to 40 hours. The company has secured £450,000 in grants/awards, including £140,000 via InnovateUK. It aims to be a contender in the $137 billion online food delivery industry. pluumo argues that 74% of consumers would pay more for green packaging, with e-commerce sustainable packaging predicted to be worth $65 billion by 2023. The company will use the investment to scale production and expand into the wider UK market.
days to go:
Expired
investment:
£511,325
Harvest London has produced a moving hydroponic and vertical and farm in London. It has connected a wide understanding of agriculture and technology and built a creative business. The company has created relationships with London's top chefs and restaurants and are working on the expansion. The company is planning to use the funds for miscellaneous expenses, operations and technology.
days to go:
Expired
investment:
£402,060
