WELD is a fitness company on a mission to make on-demand health, fitness and wellbeing available to all ages & abilities. The company allows users and instructors to set the time and place for the training session, rent out their home or commercial spaces for activities, or interact 1-2-1 online. This approach, the company believes, helps personal trainers, hit by the Covid-19 lockdown, find clients. WELD also allows trainers to set their prices and keep 90% of their fees, and lets customers enjoy a 2% commission on referrals for every future session taken in perpetuity. WELD aims to tap into the $94 billion global fitness and wellness market that grew 8.7% from 2018/19. The company's primary target audience is Generation Z that, the company believes, embraced wellness. WELD will use the investment to improve its platform, boost marketing and plug the fitness & wellness gap.
days to go:
Expired
investment:
£199,227
Crosspay is a company that aims to make remittance simpler and cheaper. The company built its proprietary system in 2017 to bolster international transfers at a fraction of the money charged by traditional Over-The-Counter (OTC) services. It has since powered over 50,000 transactions across 50 countries with a cumulative value of approx £32,350,000. The company aspires to become the segment leader in the more than $200 billion global remittance market. Crosspay was rated 'Excellent' on Trustpilot. It also created white-labelled apps for charities and churches to host content, broadcast live and receive donations simultaneously, irrespective of location. The company has been invited to partner on an Innovate UK project. It will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£212,581
Otti Prams are high quality, functional 3-in-1 travel systems that are suitable for newborn babies and children up to 4 years. Otti Prams are best known for their range of classic and quirky limited edition prints.
days to go:
Expired
investment:
£16,290
Pavegen is at the forefront of transforming cities through groundbreaking kinetic technology that converts foot traffic into renewable energy and valuable data. Their impressive 100% revenue growth in 2022, reaching £2 million with an EBITDA of -£627,000, has spurred them to seek funding to capitalize on the rapidly expanding ESG market, anticipated to be worth $50 trillion by 2025. With the pressing need for climate action, Pavegen's solution revolves around generating off-grid energy and data from urban foot traffic, fundamentally reshaping how cities and institutions interact with renewable energy sources and engage with their communities, contributing to a more sustainable planet. Their business model includes large-scale installations, revenue generated from their data platform and analytics, and multiple income streams. In a competitive landscape, Pavegen is a pioneering market leader, offering an efficient means of harnessing energy from motion through their core IP electromagnetic technology.
The raised funds will support the expansion of sales and marketing efforts, technology scaling, and innovation, including the development of new products such as kinetic roads. Pavegen has gained the support of institutional investors like the Hinduja Group and Tamar Capital, propelling urban transformation. They serve a diverse customer base globally, including blue-chip companies, governmental bodies, and various entities in 37 countries. Pavegen holds three international patents, positioning them as a trailblazer in kinetic energy technology with applications in various fields.
days to go:
Expired
investment:
£1,860,345
Vita Mojo is an award winning food technology company, providing affordable meals tailored specifically to the customer. The food is personal and transparent as to what goes into each dish and how it was prepared. All ingredients are picked to suit your own tastes and needs, and can be personalised to increase your protein or decrease your calories as required.
days to go:
Expired
investment:
£3,200,080
The Market Mogul are a Millennial media company, publishing unique perspective of the main global events in our time. They are already backed by a VC fund and have built an engaged readership and over 3000 authors. They will be using this round of funding to expand the editorial and sales teams and launch new verticals.
days to go:
Expired
investment:
£729,950
Arcade is an innovative provider of technology (patent pendinG) that empowers telecom carriers to offer life-changing gigabit broadband over existing networks, with rapid deployment and ROI in under a year. Their solutions enable gigabit speeds everywhere, complementing fiber strategies and avoiding extensive cable replacements.
days to go:
Expired
investment:
£350,000
An award-winning British brewery that combines beer and dinosaurs. Staggeringly Good launched in 2015 and is one of the Top 20 breweries in England as listed by Untappd. The company has grown by 100% YoY, with revenues of £224k by April 2018. In the last 24 months, Staggeringly Good has produced over 250,000 pints in their 11,000L brewery and in the last 12 months, they have served more than 37,000 beers from their taproom.
The business is now raising funds to quadruple their brewing capacity to meet growing customer demand. This will be achieved by expanding into the adjacent building, which will also provide a further 10 taprooms. In addition, Staggeringly Good is planning to add their own canning production line and increase their staffing from three full-time employees, as well as further promote their dinsoaur-themed beer festival, WarriorFest.
days to go:
Expired
investment:
£302,810
A robot companion for older adults to support their health and care needs. Service Robotics have developed GenieConnect, a small, personalised, voice-enabled AI robot aimed to stimulate an adult's memory. Users can also perform video calls to a dedicated Service Centre, available 24/7, that will be fully aware of the user's needs and routines. The robot can also set-up video call family and friends, as well as offer reminders, manage smart devices and monitor the environment.
GenieConnect will be integrated alongside RemindMeCare, a memory stimulation and cognitive retention software that collates the user's photos and videos, in addition to nostalgic news and music. Service Robotics is aiming to pilot their product to 150 users in Q1 2019 and is expecting to commercially launch in late 2019. Revenue will be generated via a subscription model, with a target of 40,000 subscriptions within 3 years.
days to go:
Expired
investment:
£164,180
Clim8 is a financial technology company that aims to move billions of pounds of investment into sectors such as clean energy, clean technology, sustainable food, smart mobility, and recycling. It is authorised by the Financial Conduct Authority (FCA). The company quotes United Nations data arguing that the world needs to invest $2.4 trillion every year into clean energy, from now until 2035, to meet climate change targets. Clim8 aims to capitalise on this objective through its app. The company has raised £1.9 million in seed funding across two rounds, in December 2019 and April 2020, respectively. It also overachieved its first Crowdcube campaign by over 300%. The company will use the investment to continue onboarding its waiting list of over 10,000 and grow its business across different verticals.
days to go:
Expired
investment:
£2,348,974
