Zobi is a technology company that aims to secure smart devices in a home against any potential attacks by a fraudster or fraudulent entity. Zobi's first device and app, Hedgehog, aims to address this issue. Hedgehog can anonymously monitor the Wi-Fi of a user, detect and block suspicious activity or devices, and show a user the security loopholes and the means to plug them. Zobi claims that there are currently around 135 million connected homes and, by 2025, the spending per year on smart home devices is said to be $160 billion. It aims to be a major contender in the smart home security sector. The company won the European Product Design Award 2020 and secured $120,000 worth of grants from Amazon and Google for its cloud services. Zobi will use the investment to build partnerships and its business development team, expand its offerings to other regions, scale-up marketing and PR, and recruit a senior Chief Technology Officer (CTO).
days to go:
Expired
investment:
£511,386
Drone Safe Register (DSR) is one of the UK's leading platforms for public or commercial businesses to hire safe and insured drone operators. DSR estimates that the UK market has taken off in terms of individuals hiring aerial drone services, with the industry set to be worth $42.8 billion by 2025. DSR has capitalised on this, with over 480 pro members, paying a yearly membership, with over 40 joining in January alone. The company has been recognised by the Civil Aviation Authority (CAA) as a key business and has secured a rating of 4.2 on Trustpilot based on 21 reviews over its five-year operating track record. It will use the investment to accelerate company growth, build its team, stock, marketing capabilities, and launch into Europe in 2021.
days to go:
Expired
investment:
£79,758
Aloha is a barrier-free WiFi hotspot and data-sharing platform. The company estimates that 3.5 billion smartphone users worldwide pay to access the web with many unable to access the internet daily due to technical or financial constraints. Conversely, 67% of smartphone users do not consume all of their mobile phone data available to them each month. Aloha aims to change this scenario. It enables users to get paid for sharing unused data and be rewarded with 'Aloha Tokens' that can be exchanged for cash, bitcoins and exclusive offers from Aloha's partner companies. Business users and advertisers can use the advertising tools in the Aloha application and broadcast offers and promotions directly to a targeted audience within the Aloha community. The company will use 20% of the investment to list the Aloha Token with one or more key Crypto exchange platforms, 15% to expand the application development team, 17% to complete development of the Aloha Marketplace, 20% for marketing and PR, 16% for running monthly costs, 3% for Aloha app upgradation, and 10% as contingency funds.
days to go:
Expired
investment:
£307,707
Strowz is an innovative, all-in-one financial lifestyle App that allows users to create multiple savings buckets earning 2% interest, link bank accounts and credit cards, invest in high growth funds, and set up customised round-ups. The Strowz App combines technology, finance, lifestyle and helps users save and invest intuitively. As of May 2020, Strowz savers have targeted over £3.6 million across 260+ savings buckets. The company also won the 'Best Programmatic Technology For Trading Award' for three consecutive years in 2017, 2018, and 2019 from WSL and Fund Technology awards. The company's growth strategy will include 'Word Of Mouth' referrals, social media & digital ads, strategic partnerships, amongst others. The company will use the investment funds to increase growth, focus on product development, and launch Strowz in Canada and the US.
days to go:
Expired
investment:
£275,009
FlairBox is an end-to-end hiring platform that allows performers to share a wide range of their work and entertainment industry professionals to hire their choice of performers. FlairBox uses proprietary 'Intelligent Casting' AI, to rank performers based on suitability for a role. The company has 2,900 performers on its database, 2,500 of which are active on the platform and 438 of which are on paid premium accounts or premium trials. FlairBox has been awarded a £277,000 Innovate UK SMART Grant to fund its 'Machine Learning' and AI development over the next 18 months. The company points out that casting directors of notable films like 'Mission Impossible', 'Harry Potter', and 'Top Boy' have used FlairBox's services. FlairBox will use 42.88% of the investment on marketing, 34.5% for paying salaries, 9.6% towards paying office rentals, 5% towards legal expenses, 4% towards software expenses, 2.25% towards design expenses, 1.2% as accountant fees, and 0.57% as insurance fees.
days to go:
Expired
investment:
£338,151
Bitstocks is a financial technology application built entirely on blockchain. The company intends to bring to customers the benefits of bitcoin in a simple & accessible personal account format. It asserts that 76% of UK adults use online banking. Its product, Gravity, currently offers BSV, BTC, GBP & EUR pairings, with investment accounts for customers to buy, sell & store bitcoin. The company is registered with the Financial Conduct Authority (FCA) and integrated with Faster Payment System & Single Euro Payments Area provider. Bitstocks has 1,800+ registered customers, with 650+ joining through referrals. It will use the investment to scale & develop the next phase of Gravity, bring forth stablecoin to enable tokenised global micropayments, and introduce personal accounts, debit cards, savings & loans.
days to go:
Expired
investment:
£1,105,596
Smart Trade App is a software-based payment app that accepts card payments directly from the phone. It helps small business owners all over the UK. The app further includes features in it such as invoicing, light CRM, team management, reporting as well as the ability to delegate jobs. Smart Trade App has got the most Disruptive Payments Tech award 2019 and has processed transaction volumes worth £1.5 million. Large high street banks in the UK have approached the company for their business accounts. They have also signed an agreement with CardOne banking and has formed a strategic partnership with MasterCard.
days to go:
Expired
investment:
£268,152
Glug provides a platform for businesses to let customers order from a digital menu and have them served to the table or pick up from the bar. It points out that its system is designed to be user friendly and easy to set up wherein restaurants or bars can upload and digitalise their menu and can be discoverable within 24 hours. Consumers can discover the restaurant, book a table, place an order, and browse for offers and discounts, amongst other features using the company's community app. Glug asserts that more than 16,000 users have ordered food and drinks through its app in less than four months since the company's launch. It intends to become a contender in the UK dining and pub market that is a £40 billion+ industry. Glug argues that more than 20,000 users have downloaded its app from the App Store and Google Playstore. It will use the investment for marketing, hiring, technology development, attract 1.5 million users and onboard 1,000+ venues over the next 12 months.
days to go:
Expired
investment:
£73,114
Online checkout and form abandonment is costing retailers $billions in lost sales [Source: BusinessInsider]. Formisimo is an analytics platform that measures user behaviour in online checkouts and forms, and shows companies what they need to change in order to increase sales. Trading began in 2014, and Formisimo is now used by companies like Experian, Shop Direct, Secret Escapes, Arsenal, and Starcom MediaVest. There have been 1,800 signups in over 100 countries with the company targeting the UK and Europe.
days to go:
Expired
investment:
£438,962
BlockDox is an urban digital solutions company that aims to solve challenges related to inception and maintenance of smart buildings and intelligent transportation via Artificial Intelligence and Internet of Things (IoT). BlockDox claims that space operators such as facility managers or transport operators lack the data or interpretation tools to manage physical spaces based on actual needs rather than fixed assumptions. The company's patented technology aims to change this. It leverages IoT to make spaces responsive to their actual utilisation in the present and in the future, helping customers to reduce operational wastage and improve space utilisation. BlockDox has generated £1.6 million in revenue over the last three years. The company installed over 100+ sensors across 100,000+ square feet in five countries. It has featured in publications like BBC, FT, Sunday Times, and London's Evening Standard, to name a few. The company will use 70% of the investment towards recruitment costs, 20% for growth marketing, 6% for equipment and, 4% for other costs.
days to go:
Expired
investment:
£401,660
