The Funky Appliance Company is the manufacturer of electronic appliances like irons, toasters and kettles. They give popular small domestic appliances a funky twist by designing them in a new stylish and smarter way. The company is working on a new product which will launch in the UK in 2020, and will be sold on its website and dedicated Amazon and eBay stores. They have also finalised arrangements with at least two large UK retailers which will see the new product range go into over 100 stores and online. Funky Iron has got the Good Housekeeping Institute Approval in 2019. The company will use the funds for the tooling and moulds of new products including their certification. The balance of capital will be used as working capital.
days to go:
Expired
investment:
£171,359
Nix & Kix creates and sells a range of drinks low in calories, completely natural and without any added sugar. It asserts that its products are stocked across 3,000+ shops, restaurants, bars and offices. It also claims that its products are housed across 7,500 distribution points such as Tesco, Waitrose, Sainsbury's, Nando's, BP, Morrisons, and Holland & Barrett, to name a few. Nix & Kix has sold over 5 million of its cans to date. It has also secured a listing with Matthew Clark, the biggest distributor of restaurants, pubs and bars in the UK. The company has applied for a B-Corp accreditation. Nix & Kix has also won numerous awards and has been called 'Addictively tasty' by the press (Time Out 2019). It will use the investment to expand into the convenience channel, grow its e-commerce platform, boost brand awareness, and scale operations.
days to go:
Expired
investment:
£830,760
Helping online retailers run profitable operations by managing their orders, stock levels and couriers. Veeqo's software has been implemented in more than 300 retailers' systems and processes transactions with an average value of £16m per month. Businesses can access their data from almost any smart device and Veeqo have also released Scanner for all retailers, a hardware device with functionalities similarly used by Amazon in their distribution warehouses.
Revenue is generated via retailers paying a regular licensing fee to use the Veeqo platform. This can range from £4,000 to £20,000 per annum. In addition, retailers can also lease the Veeqo Scanner from the company. Funds will allow Veeqo to develop products that can be used in-store at POS systems, as well as strengthen the business further in the UK.
days to go:
Expired
investment:
£126,550
Mami Wata (MW) is a purpose-led, premium African surf lifestyle brand on a mission to redefine the global surf market. MW asserts that it has collaborated with luxury brand 'Moncler' and partnered with renowned stockists including Mr Porter and Huckberry. It aims to be a contender in the $9 billion global surfing market. The company argues that it manufactures all of its products in Africa, having launched in Cape Town, South Africa in 2017. It has also shipped 1200+ copies of its AFROSURF art book to 39 countries along with funding a surf therapy clubhouse in Harper, Liberia. MW has sold products to 7,500+ customers generating more than £400,000 in revenue to date. The company has featured in global media entities such as CNN, GQ, Wallpaper, Monocle, and HypeBeast. MW will use the investment for its international launch in the USA.
days to go:
Expired
investment:
£1,168,393
Burleighs Gin is a company that aims to establish itself as the leader in the gin market. It is the official gin partner for entities such as Leicester City Football Club, Leicester Tigers RFC, and the King Richard III foundation. Burleighs plans to introduce a 'non-alcoholic gin' apart from its gin products. The company feels that this will allow Burleighs to enter into the rapidly rising 'low & no' growth sector, now valued at £60 million a year in the UK. It also intends to commission the production of a 'Ready to Drink Gin & Tonic' in a can, another growth market driven by the popularity of gin that is now worth £472 million a year. Burleighs has on-trade listings secured with Cosy Club, Loungers, All Bar One, and Miller & Carter. It has hosted consumer events during 2019 including; Picnic in the Gardens, World Gin Day festival and The Great Burleighs Express. Burleighs Gin has been featured in BBC Good Food Guide's 'Best Gins to try in 2019'. They will use 50% of the investment for new product development, 15% for distillery expansion, 15% for recruitment drives, 10% for export growth, and 10% as marketing expenses.
days to go:
Expired
investment:
£130,490
Ripple is a clean energy ownership platform and renewable energy expert which aims at providing people the opportunity to own their own source of low-cost clean power. More than 460 people have pre-registered for Ripple's first wind farms. It has achieved a pre-registration conversion rate of 27% from click-throughs amongst Tesla owners. With the proceeds, Ripple will focus on launching the pilot wind farm project and recruiting a new Tech Team of a Finance Director, and a Business Development Manager. It is also preparing its business costs for the launch of the full-scale project in early 2020.
days to go:
Expired
investment:
£859,787
AEVHA London is a luxury fashion brand that makes beautifully crafted handbags at an accessible price. Their handbags have been used by celebrities including Beyoncé, Jessica Biel, and Amy Adams. AEVHA London has a wide global wholesale distribution and is stocked by Harvey Nichols and Yoox-Net-A-Porter. The brand has also been featured in publications such as Vanity Fair, Grazia, Marie Claire & Elle. AEVHA acquired 45,000 followers on Instagram without a dedicated digital marketing budget. With the investment, the company will allocate a digital marketing budget and build an experienced team to execute an efficient paid media strategy to drive more sales.
days to go:
Expired
investment:
£278,291
Cannabrew is one of the UK's first Cannabidiol (CBD) infused craft beers. It aspires to become a contender in the CBD market that is expected to reach £1 billion by 2025 in the UK. The company has sold thousands of cans across the UK despite COVID-19 and aims to become carbon-neutral soon. It assets that it plants two trees for every case of beer sold and has planted over 14,000 trees through a sustainability initiative in Madagascar by partnering with 'Ecologi', removing an estimated 350 tonnes of CO2 in just six months since the company's launch. Cannabrew was nominated for three awards at the World CBD Awards. Its product, Soul Lager, has become the highest-rated lager on Untappd in the UK achieving a score of >3.96. The company will use 25% of the investment in marketing, 50% towards team expansion, and 25% to scale production and boost New Product Development (NPD).
days to go:
Expired
investment:
£216,695
Chapel Down (CD) is one of the UK's leading wine industry leaders that seeks to challenge the hegemony of champagne. It argues that with the sales of English sparkling wine forecast to grow by 134% by 2026, the demand for its products is growing fast. CD's 'Sparkling Wine' sales increased by 52.8% in 2020 whilst champagne sales in the UK dropped by 21.7% over the same period. The company argues that 2020 was a record year for its business, despite COVID-19, with its revenue growing by 32% year on year and e-commerce sales growing by 467% year on year. CD has partnered with notable hospitality entities like Harrods, Royal Opera House and Sheraton Grand. It will use the investment to scale up and improve its winemaking capabilities, complete the planting process of its biggest vineyard on the finest terroir in England, scale up its e-commerce channels, invest in selected export markets worldwide, and give people a memorable experience at its winery.
days to go:
Expired
investment:
£6,953,241
Launched in 2016, London-based Rejuvenation Water is the world’s first Amino Acid enriched spring water manufacturer. The brand provides functionality without compromising on taste and macro health. Founder Kris Ingham came up with 'Rejuvenation Water' as a 'health' drink that offers benefits without artificial sweeteners or excess sugar. Since inception, Rejuvenation Water has supplied both Grocery and Food Service channels. The second range of drinks, the hydration+ canned range, was launched in Spring 2019, and within 6 months became a best seller in Tesco, Sainsbury's, Costco and Ocado. The brand has been featured several times on BBC News, The Sun and Daily Mail. With the investment, the brand will divert resources to launch new products and hire more staff and enhance lthe brand identity.
days to go:
Expired
investment:
£98,940
