Trustco Capital is a value-added financial intermediary that acts as a bridge between suppliers and users of capital. Through its investor network, the company supports entrepreneurs and startup enterprises with capital allowing their business to advance further. The company's partnership venture, ‘The Envestry Investment Management Programme’, allows Trustco, as a licensee, the ability to introduce its investor client network and its deals to Envestors and the other licensees leading to a combined investor network of over 6,000+ individuals. This also allows users to view 20 to 30 deals that are mostly SEIS and EIS eligible backed by the Financial Conduct Authority (FCA).
days to go:
Expired
investment:
Withheld
Doc2UK is a specialist UK medical recruitment and candidate support platform. Based in London, the platform places qualified doctors in the National Health Scheme (NHS) roles around the United Kingdom. The British Medical Association (2018) reported that patient care is at risk due to a critical shortage of doctors across multiple medical disciplines. At present, the UK only has 24 medical schools to fill this gap, whilst India, in comparison, has 468 medical schools, with 68,000 doctors graduating each year. Moreover, uncertainty about the status of EU nationals after Brexit, changes to immigration policies, and the impact of changing language testing requirements for international nurses have made this crisis worse. This situation necessitates recruiting doctors from overseas an important endeavour. This is where Doc2UK aims to become a key player and ensure that lack of medical personnel doesn't disrupt any medical services. The company is seeking an investment of up to £300,000 which will be used to develop the platform with more features, expand the team, marketing and sales.
days to go:
Expired
investment:
Withheld
Scribestar's Software-as-a-Service (SaaS) platform digitises and automates the documentation and compliance processes required for raising capital on stock markets such as IPOs, bonds etc. The platform intends to provide users with structured data format documents that can be machine-read and monetised. Scribestar aims to become a contender in the $22 billion Regulatory/Legal Technology markets. It argues that it is already active in the UK and has witnessed over 50 transactions on its system. It is also a part of the London Stock Exchange Issuer Services and CMS equIP with 4 years of verifiable commercial use and over £13 million received as investments. Scribestar asserts that its services are being regularly used by three law firms in the UK with more showing interest in its capability to function as a remote tool to manage the compliance documentation process. The company will use the investment to start its expansion in the US and other markets targeting law firms and deliver successful trials with stock exchanges.
days to go:
Expired
investment:
£864,009
Saurus is a digital banking platform that aims to make all banking services accessible to its users from the convenience of their smartphones. The company aims to develop a current account facility and contactless payments between their users' smartphones, and eventually venture into saving accounts, Automatic A.I Loans, P2P Loans, Investment account, Instant transfers, and Personalized Debit Cards. The company has a growing online presence with 133,000+ YouTube and 700+ Instagram followers with 1500 users registering on the portal with negligible marketing activities. In February 2020, more than a 1000 people showed interest in opening a Saurus account. With the investment, the company aims to launch the Saurus App with 'Current Accounts' features during Q3 2020, hire qualified professionals to expand the brand, and sign appropriate contracts with its providers.
days to go:
Expired
investment:
£943,540
Kestrl is a mobile app based on the principles of Islamic banking. It aims to cater to the over 1.9 million British Muslim community to invest in the UK in line with their religious beliefs. Consumers can avail a host of financial services from finding interest-free savings accounts to taking out a mortgage. The company raised a £135,000 pre-seed round from C-level Islamic banking professionals in January 2020. It also launched its application on Google Playstore and App store in September 2020. Kestrl is working on launching an equity-based home purchase product soon. It also aspires to expand to Malaysia/Indonesia by white labelling with established retail banks and utilising its 'inside knowledge' of the region. It will use 39% of the investment towards platform up-gradation and tech team expansion, 20% towards hiring personnel across various departments, 19% for maintaining agency license fees and acquiring its own regulatory permissions, 8% in marketing, and 14% towards ancillary costs.
days to go:
Expired
investment:
£194,502
A decentralised banking platform with already more than £13.5m dedicated for software development. BABB intends to become a licensed bank in the UK and is raising funds for the capital required to do so. The company aims to allow anyone access to a bank account, as well as a mobile app for customers to make payments, lend money and exchange currencies.
days to go:
Expired
investment:
£1,362,430
Caldera is a heat battery company that seeks to institutionalise zero-carbon energy solutions for the masses. Its patented breakthrough, Warmstone heat battery, can store 100kWh of heat for a standard home for 24 hours. Caldera asserts that it takes renewable energy using a flexible green tariff with prices as low as 5p/kWh and stores it as heat, providing carbon-free hot water and heating via Warmstone. The company has raised over £1.5 million through grants and investment to date, installed its first pilot Warmstone product in a family home, established a manufacturing and R&D base, and acquired the support of an energy think tank, Energy Systems Catapult. It aspires to become a contender in the estimated £3.5 billion renewable energy storage market in the European Union (EU). The company is working with König Metall to build and sell Warmstone units via approved UK installers. Caldera will use the investment to install a small number of pilot units in trial homes in 2021 before a full commercial rollout in 2022.
days to go:
Expired
investment:
£1,572,524
Greenwall Environmental Group is a company engaged in making devices that can minimise non-biodegradable waste. It argues that asbestos remains the largest occupational killer in the UK today. Its product, Asbestosprobe, aims to change this situation. The company asserts that Asbestoprobe is arguably the world's first handheld analyser specifically designed to detect asbestos in real-time. It argues that current methods of detecting and recording the presence of asbestos are costly, invasive and slow. Asbestoprobe uses a point-and-click approach utilising NIR Spectroscopy and Artificial Intelligence (AI) to analyse the presence of asbestos in two minutes via the Asbestoprobe App. Greenwall plans to provide an annual software licensing model which grows through recurring revenue year on year. It endeavours to be a segment leader in the projected $1 billion global asbestos management market. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£253,017
Leading Edge Only (LEO) is a platform that connects global corporations to innovators, startups, small and medium enterprises and scale-ups. Since 2018, LEO has worked with over 25 major corporations such as Britsh Petrol (BP), Marks & Spencer (M&S), Tarmac, Walgreens Boots Alliance, and Ford. It is currently in talks with Salesforce, GlaxoSmithKline (GSK) and Costa Coffee, as well as, 600 universities such as Harvard and Imperial College to build plausible tieups. Its innovations have grown from 2000 to 16000 in the last two years. The global R&D budget of the world’s Fortune 1000 is $782 billion, growing 11% annually. LEO aims to be a strong contender in this segment connecting innovation seekers to innovation providers. Since its launch, LEO has attracted over 25 blue-chip global clients who have paid to have access to over 16,000 cross-sector innovations. The company will use the investment to develop its Intellectual Property (IP) and build LEO into a valuable global brand.
days to go:
Expired
investment:
£377,690
WyzePay is a platform for the issuance and sale of corporate digital currency. It helps businesses by giving them access to advance working capital, customer acquisition and retention, and consumer behaviour analytics into one turnkey platform. It gives customers access to a marketplace to avail discounts, where they can buy, manage and spend their currency. The company strives to ensure that customers receive tangible financial benefits while helping local businesses to prosper. WyzePay claims that its coins are stored in a digital wallet that can be used as a payment method on NFC terminals or online. It further stresses that its coins can’t be lost or stolen, are fully transferable, and never expire. WyzePay states it will use the investment for product development and team growth.
days to go:
Expired
investment:
£617,214
