Scent & Co is a fragrance subscription service provider that offers choice, portability and flexibility with high-end fragrances at fair prices. Customers get a 30-day supply of 10ml bottle of their choice of fragrance or the choice of scent determined by fragrance experts. Since May 2017, with minimal marketing spend, Scent & Co has attracted 1500 customers and currently, has 850 loyal subscribers. The company has a loan-to-value ratio of £24 while 96% of its revenue is raised from the subscriptions. By next April, it aims to reach 7000 subscribers and to enhance customer experience to reduce churn.
days to go:
Expired
investment:
£12,750
Fancy Dress Worldwide is a fancy dress online retailer founded in March 2016 and has already achieved more than 380,000 orders in 80 countries, with revenues over £1.6m in Year 2 and growing rapidly. The company carries out software processes in-house and has grown from 1 staff member to 25. They have also increased their product range from 1 item to 20,000 products, which has resulted in moving to larger premises twice in two years.
days to go:
Expired
investment:
£313,557
HUUB is a premium endurance sports apparel brand. Its products are used by Olympic gold medallists, 'IRONMAN' champions and amateur athletes. HUUB witnessed profits worth £4.8 million and an EBITDA of £420,000 in 2019. The company is a leading brand in the £60 million UK triathlon apparel & accessories market. HUBB is now targeting the US$5 billion global bike apparel market. It has built working relationships with noteworthy individuals such as former Olympian Greg Whyte and chef Gordon Ramsay. The company will use the investment to target all endurance sports through a combination of retail and distributor partnerships. It will also expand its Direct-To-Consumer (DTC) online business.
days to go:
Expired
investment:
£1,352,941
Hemspan states that it designs bio-based building systems and products for construction by combining modern methods, technology and hemp to produce net-zero carbon solutions. The company argues that every time an average house is built, the CO2 emitted by the manufacture, transport and assembly of the materials used is around 50 to 60 tonnes. Hemspan says that one hectare of UK-grown industrial hemp can absorb 11 tonnes of CO2 each year with regeneratively farmed hemp capable of sequestering a further 6 tonnes per hectare of CO2 into the soil each year. Hemspan intends to activate significant demand for hemp farming in the UK and develop processing technologies to reduce reliance on imports and enable large scale manufacturing of bio-based cladding and insulation products that spin out of R&D programmes. It asserts that the global industrial hemp market is expected to grow at 25% CAGR reaching US$ 27 billion by 2028. It aims to be a contender in this segment.
days to go:
Expired
investment:
£200,000
Hayche is an award-winning, contemporary and high-end furniture brand. It provides unique furniture with a modern style which appeals to hotels, restaurants, home-owners and interior designers looking to make a statement with the furniture they choose. It has been nominated for several awards, including the “Interior Design Best of Year 2016 - New York” and has also been awarded the “Elle Decoration British Design Awards 2016.” One can find Hayche's anywhere from Ted Baker shops, to Ritz Carlton and Four Seasons hotels, as well as in homes around the world. Its collection, currently, reaches over 170 customers in 19 countries- retailing through stockists in the UK, in London and Europe, through the companies own online store, social media and at trade shows. After the creation of the full team in February 2018, the sales pipeline has increased to over £250k.
days to go:
Expired
investment:
£186,642
Bookblock is a custom gifting platform that makes buying gifts and sending cards easier and affordable for everyone. In 2014, it began as a design-led gift manufacturer taking the client's idea and turning it into a premium bespoke product. Since then, it has seen over £5.4m of sales and a profit of £348k in FY 2018. Since its last fundraise, Bookblock has grown into a £2m revenue business. Bookblock has made manufacturing accessible by introducing 3D technology that simplified intricate manufacturing processes. Since launch, it has implemented many functionalities and improvements, and are now ready for a marketing push.
days to go:
Expired
investment:
£169,670
Vertically Urban (VU) is a horticultural lighting specialist that produces high-tech LED lighting solutions for indoor industrial farms, glasshouses, medicinal growers and onsite Pod farms, who in turn, supply to supermarkets, restaurants and the medical market. The company aims to be a segment leader in the global vertical farming market that is projected to reach $12.7 billion by 2026. VU asserts that vertical farming has been tipped as the future of food production and supported by early investors such as Amazon’s Jeff Bezos. The company has witnessed £30 million+ worth of sales to date. It will use the investment to increase brand awareness via horticultural trade shows, market its products on online and offline portals, develop new technologies, and recruit senior personnel to oversee growth in key markets.
days to go:
Expired
investment:
£335,040
Your Dog’s Club (YDC) is a dog-specific online retailer that provides high nutrition food and treats alongside top quality toys and accessories. YDC community consists of its customers (Waggys), local dog business partners (Pack Leaders), and industry experts (Gurus). The company aims to connect the aforementioned parties through its online community, coupled with a dedicated website, social media feeds, competition announcements, and pet education amidst other details. YDC has scored a 4.9 rating on Trustpilot and aims to be a contender in the £2 billion recession-proof pet market. It has also registered over 5,400 customers. YDC will use 30% of the investment for digital marketing, 25% for accelerating customer base, 20% as working capital, 20% to boost customer growth via affiliate agreements with Forestry England and English Heritage, and 5% for optimising operational costs.
days to go:
Expired
investment:
£268,040
ioLight makes microscopes that fit in a user's pocket or inside laboratory incubators and display high-resolution images of cells on any mobile phone. The company claims that climate change is driving scientists to the most remote places on earth to look at its impact on the smallest, most fragile organisms. It also stresses that pandemics are driving bioresearch, which relies on monitoring cell growth in incubators. ioLight argues that its products address the aforementioned objectives. The company has sold 400 units to date and aspires to dominate the global microscope market that is worth $9.5 billion and growing at 7.9%. The company has raised £815,000 in equity funding since its launch in 2014 and has featured in two National Geographic videos on Mount Everest and in the BBC Royal Institution Christmas Lectures. It states it will use the investment to accelerate its company revenue and win new opportunities to expand its business.
days to go:
Expired
investment:
£259,586
Oneskee is the one-piece snow brand that aims to re-ignite a forgotten product category. Oneskee asserts that it successfully navigated its way through the COVID-19 pandemic recording £500,000 in online revenue with 25% online growth in the 2020-2021 financial year. It has sold 10,000 suits across 79 countries since its launch and aims to become a contender in the snow brand industry that is growing more than £1 billion each year. The company has partnered with Olympic athletes, GB Snowsport, Folie Douce, and Snowboxx and received media recognition from the likes of BBC, Vogue, InTheSnow, The Telegraph, The Independent, and Eurosport. Oneskee is also continuing its work on its patent-protected Acclimate technology and kids collection which it intends to launch in 2021. Oneskee will use the investment to accelerate the roll-out of its successful online blueprint to all ski countries and create a dedicated resource for B2B sales.
days to go:
Expired
investment:
£215,618
