Prepaired is a global platform for university students to learn from and teach each other via video calling. Students can post a study request on the portal with the questions they have regarding a subject, and others can offer to explain it via a one-on-one video call. The company asserts that its technology is an ideal platform in the ongoing Covid-19 pandemic allowing students to share notes and chat on classroom syllabi. Prepaired has tied up with GlobalExam, an e-learning content provider, to further its mission of remote teaching. It will use 67% of the investment in product development, 12% in sales and marketing, and 21% as operations cost.
days to go:
Expired
investment:
£115,209
Peckwater Brands (PB) is a company engaged in the growing cloud kitchen/delivery business that runs virtual restaurant brands from the kitchens of existing restaurants. It argues that restaurants need to pay high street rents and staff wages no matter how many diners visit. Nearly 5,000 restaurants have closed in the UK since 2015 due to not being able to fulfil these tasks. PB aims to change this scenario. It helps restaurant partners use their existing staff and kitchen capacity better, and help keep struggling businesses running. The company received more than 10,000 customer orders through Deliveroo and Uber Eats. It witnessed more than £250,000 in customer sales since June 2020 and is spread across London, Manchester, Leeds, and Coventry. PB has launched four brands with four more in the pipeline. It will use the investment to get more partners, launch more brands, and acquire more customers.
days to go:
Expired
investment:
£232,208
Rogue produces indulgent preserves by using traditional cooking methods to make luxury preserves with a provocative twist. Their aim is to be the UK's best-selling and most popular preserve brand. Rogue started working with a SALSA accredited manufacturer, that can produce the products at scale and delivers stock to their first major UK distributor. They have featured on BBC Radio Wales following a successful Royal Welsh Agricultural Show. With the proceeds, they are going to spend on marketing, scaling up their business, and planning to build a strong management team.
days to go:
Expired
investment:
£29,224
Notes is a well-established coffee shop and wine bar concept with nine locations in central London. They pride themselves in being able to source and roast at their own roastery in Canning Town which provides over 1.4m cups of coffee a year. By serving high volumes of their single-origin speciality coffee, Notes have doubled their revenue to almost £5m by just opening shops in four locations since 2015.
days to go:
Expired
investment:
£1,194,330
Rescape is a company pioneering the use of Virtual Reality (VR) in healthcare and frontline services. Its DR.VR platform, launched in 2019, helped reduce pain and anxiety amongst patients in hospitals and care homes. The company delivers VR content to patients through the Samsung Gear VR headset, a hard-plastic headset, that can be wiped down and disinfected along with VR sanitary eye masks that reduce chances of infection and irritation to patients. Through the company's technology, patients can experience ocean life, amusements parks and relax in some of the most beautiful settings in the world, all from the safety of the healthcare institution. The AR/VR in Healthcare Market is predicted to reach USD 30-40 billion by 2026, and Rescape aims to be a disruptor in this segment. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£488,450
NEXU is a web-based platform that connects people to various businesses via word-to-mouth recommendations to create a dynamic user-driven marketplace for organic advertising and to drive sales. The platform manages and tracks people's shares on social media and referrals on chat platforms. With the aim to disrupt the e-commerce market in sales, NEXU is starting a soft-launch in Bristol and intends to turn everyone into an influencer who can earn commissions. The company's vision is to become the world-leading user-driven e-commerce platform. With the proceeds, the company will expand functionality and improve the user experience.
days to go:
Expired
investment:
£199,900
Service Robotics Ltd is a unique service designed to help older adults live independently in their own homes. This game-changing service offers voice-enabled face-to-face human support through an adorable intelligent Genie robot. The company's roadmap includes IT integration to turn the home into a cocoon of wellness, health, and companionship. The company has been actively piloting the GenieConnect® platform solution since 2018. Service Robotics Ltd won its first contract in November 2019 from the NHS/SBRI programme. GenieConnect® has agreed on pilot projects with 3 care and retirement organisations, applied for an Innovate UK grant in March.
days to go:
Expired
investment:
£569,430
Boom offers a wide-ranging voice over internet (VoIP) telephone software service targeted towards small and large companies. The company's highly experienced board comes with 270+ years of experience in the IT and Telecom sector. Boom enables a company to execute all of its telephony activity via a highly scalable, cloud-based service with more features. With the proceeds, the company aims at becoming a major software telecoms business. Its exit plan is to sell within five years as a software company, not as a telecoms business, with high growth recurring revenues to do an ideal valuation.
days to go:
Expired
investment:
Withheld
Debtech is a legal intelligence platform that aims to become a global automation portal for every type of finance agreement - from simple mortgages to billion-dollar corporate loans. Debtech has a two-tiered format for its business. Its Tier 1 'Platform' connects finance stakeholders - from lenders and lawyers to CFOs and borrowers - on one single platform so that everyone is in one place for the lifecycle of the agreement. Its Tier 2 'Marketplace' is an 'App Store' of simple, plug-and-play apps where one app automates one manual workflow. The company asserts that the global legal intelligence market would touch £29.5 billion by value in 2026. Debtech cites that its portal allows finance organisations to achieve time savings of over 90% and cost savings of up to 50x compared to conventional offline platforms. The company seeks to raise £150,000 (SEIS) of equity funding to upgrade the platform's infrastructure for Most Valuable Product (MVP) Version 1 within 90-days to create MVP V2, onboard its six early corporate customers for paid trials on MVP v2, and build five core apps.
days to go:
Expired
investment:
£159,512
Imagen is a company that has developed an automated, sophisticated algorithmic technique, PredictRx, to find the right treatment for any cancer type. Imagen collects the cancer samples from a patient, grows it in its specialised growth medium, and then subjects the medium to an automated fluorescence microscopy screening to measure drug responses on live tumour cells. The company's AI-powered biobank of over 150,000 drug responses then gives the best possible cancer treatment options, allowing the company to expand in the pharmaceutical sector by satisfying its unmet demand for patient-derived cancer models. Imgen requires investment to scale its infrastructure to create the world's leading 'Biobank' of clinically relevant patient-derived cancer models whilst building the most comprehensive big data set available in cancer research.
days to go:
Expired
investment:
£1,036,436
