Velorution is an electrical cycling retailer with products designed for urban environments. They currently own 3 stores with a combined turnover of £500k. The company is raising funds to grow their business by increasing the number of permanent retail locations in 2019. In addition, they are planning to increase brand awareness by partnering with other businesses. Current collaborations include Selfridges and Lululemon, where Velorution cycles are showcased at their concessions and pop-up venues.
days to go:
Expired
investment:
£543,090
Noveltea is a premium alcoholic tea brand launched in Fenwick in April 2017. The company's products are vegan, gluten-free and low in sugar, and manufactured in minimalistic & up-cyclable lifestyle packaging. Thanks to its low-Alcohol by volume (ABV) portfolio, the brand has sold 350,000 bottles since its launch in 2017. The company experienced more than £100,000 worth of sales in April 2020 despite COVID-19 due to smart e-commerce channel utilisation. In 2020, the size of the global alcoholic drinks market is $1.587 trillion and is forecasted to grow by 3.5% (CAGR) over the next three years. The brand aims to become a major contender in this segment and grow its business. The company use the investment to focus on its core markets in the UK, Germany, and China, and enter the USA by 2020.
days to go:
Expired
investment:
£558,845
A car-sharing platform for drivers to receive an extra income by allowing the local community to drive their cars instead of leaving it idle and unused. Hiyacar has a acquired an exclusive insurance product with AXA and already has more than 2,000 cars enrolled, with the majority located in London and surrounding urban areas with the intention of expanding further in the future.
days to go:
Expired
investment:
£1,431,885
Cranes develop acoholic, cranberry flavoured drinks. Currently their product range consists of 3 different variations of cranberry cider and also a cranberry liqueur. Current stockists include the online supermarket Ocado, as well as many other local shops and bars.
days to go:
Expired
investment:
£194,634
Andersen EV have developed smart, functional and elegant charging points for electric vehicles. The company's chargers meet the utmost safety standards and the UK Government has already approved the product. Revenue is generated via a subscription model, with many chargers to be located near hotels and businesses. The units are controlled via an app and the firm is in discussions with two major car manufacturers to expand across Europe.
days to go:
Expired
investment:
£726,680
Ready Burger (RB) states that it has created the UK's first scalable, value-driven, entirely plant-based Quick Service Restaurant (QSR) brand. RB claims that it has mastered the science behind the taste and texture of plant-based foods to make them indistinguishable from their non-veg counterparts. It further points out that its final products use up to 92% lesser greenhouse gases, and require up to 70% lesser water than competitor brands. RB argues that its meals cater for vegetarians, vegans, meat lovers, and people preferring Halal or Kosher foods. RB offers fast-food classics and has partnered with a global plant-based food manufacturer. RB asserts that its ergonomically designed kitchens enable it to produce 1000s of items a day, that are in turn, serviced from its central distribution centre. RB's integrated web-app ordering, in-store ordering kiosks and an innovative delivery solution allow customers to have their food in under 30 minutes. RB says it will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£1,998,549
This award-winning French wine company are seeking funding to further expand their business. Enhancing their barrel cellar is one of their main priorities, as well as planting new vines to increase quality and replacing low yield rows of vines entirely. With the investments made, they are also planning to export to new markets.
days to go:
Expired
investment:
£145,972
luxury British distillery to create high quality spirits using innovative and natural ingredients. Over the past three years, sales have increased 45% each year.
days to go:
Expired
investment:
£554,074
Taster is a collection of online restaurants dedicated to bringing the best street food to users. The company says that it has launched five highly successful digital restaurant brands with chefs and food personalities, is available in 11 cities across the UK, France and Spain, and has onboarded over 20 partners. Taster's revenue grew 110% to €10.5 million in 2020 alone where it delivered over 1 million meals. The company has raised $50 million to date from investors such as Battery Ventures, Octopus Ventures Rakuten, LocalGlobe (Latitude) and Heartcore Capital. It claims that Taster brands hold the third-largest market share on Deliveroo in Paris. It will use the investment to increase Taster’s presence across the UK, France and Spain, drive expansion into new cities, support the launch of two new consumer brands in 2021, and take the company globally by signing up with more through more restaurants brands.
days to go:
Expired
investment:
£592,079
Appetise is an online market place that connects consumers with local takeaway restaurants. Consumers order food on their smart phones to be delivered by the restaurants to their homes. They currently have 60,000 registered customers and 370 restaurants partnered in the UK and are looking to expand town by town and become a key player in this market.
days to go:
Expired
investment:
£129,800
