Pavegen is at the forefront of transforming cities through groundbreaking kinetic technology that converts foot traffic into renewable energy and valuable data. Their impressive 100% revenue growth in 2022, reaching £2 million with an EBITDA of -£627,000, has spurred them to seek funding to capitalize on the rapidly expanding ESG market, anticipated to be worth $50 trillion by 2025. With the pressing need for climate action, Pavegen's solution revolves around generating off-grid energy and data from urban foot traffic, fundamentally reshaping how cities and institutions interact with renewable energy sources and engage with their communities, contributing to a more sustainable planet. Their business model includes large-scale installations, revenue generated from their data platform and analytics, and multiple income streams. In a competitive landscape, Pavegen is a pioneering market leader, offering an efficient means of harnessing energy from motion through their core IP electromagnetic technology.
The raised funds will support the expansion of sales and marketing efforts, technology scaling, and innovation, including the development of new products such as kinetic roads. Pavegen has gained the support of institutional investors like the Hinduja Group and Tamar Capital, propelling urban transformation. They serve a diverse customer base globally, including blue-chip companies, governmental bodies, and various entities in 37 countries. Pavegen holds three international patents, positioning them as a trailblazer in kinetic energy technology with applications in various fields.
days to go:
Expired
investment:
£1,860,345
Vita Mojo is an award winning food technology company, providing affordable meals tailored specifically to the customer. The food is personal and transparent as to what goes into each dish and how it was prepared. All ingredients are picked to suit your own tastes and needs, and can be personalised to increase your protein or decrease your calories as required.
days to go:
Expired
investment:
£3,200,080
The Market Mogul are a Millennial media company, publishing unique perspective of the main global events in our time. They are already backed by a VC fund and have built an engaged readership and over 3000 authors. They will be using this round of funding to expand the editorial and sales teams and launch new verticals.
days to go:
Expired
investment:
£729,950
Arcade is an innovative provider of technology (patent pendinG) that empowers telecom carriers to offer life-changing gigabit broadband over existing networks, with rapid deployment and ROI in under a year. Their solutions enable gigabit speeds everywhere, complementing fiber strategies and avoiding extensive cable replacements.
days to go:
Expired
investment:
£350,000
An award-winning British brewery that combines beer and dinosaurs. Staggeringly Good launched in 2015 and is one of the Top 20 breweries in England as listed by Untappd. The company has grown by 100% YoY, with revenues of £224k by April 2018. In the last 24 months, Staggeringly Good has produced over 250,000 pints in their 11,000L brewery and in the last 12 months, they have served more than 37,000 beers from their taproom.
The business is now raising funds to quadruple their brewing capacity to meet growing customer demand. This will be achieved by expanding into the adjacent building, which will also provide a further 10 taprooms. In addition, Staggeringly Good is planning to add their own canning production line and increase their staffing from three full-time employees, as well as further promote their dinsoaur-themed beer festival, WarriorFest.
days to go:
Expired
investment:
£302,810
A robot companion for older adults to support their health and care needs. Service Robotics have developed GenieConnect, a small, personalised, voice-enabled AI robot aimed to stimulate an adult's memory. Users can also perform video calls to a dedicated Service Centre, available 24/7, that will be fully aware of the user's needs and routines. The robot can also set-up video call family and friends, as well as offer reminders, manage smart devices and monitor the environment.
GenieConnect will be integrated alongside RemindMeCare, a memory stimulation and cognitive retention software that collates the user's photos and videos, in addition to nostalgic news and music. Service Robotics is aiming to pilot their product to 150 users in Q1 2019 and is expecting to commercially launch in late 2019. Revenue will be generated via a subscription model, with a target of 40,000 subscriptions within 3 years.
days to go:
Expired
investment:
£164,180
Clim8 is a financial technology company that aims to move billions of pounds of investment into sectors such as clean energy, clean technology, sustainable food, smart mobility, and recycling. It is authorised by the Financial Conduct Authority (FCA). The company quotes United Nations data arguing that the world needs to invest $2.4 trillion every year into clean energy, from now until 2035, to meet climate change targets. Clim8 aims to capitalise on this objective through its app. The company has raised £1.9 million in seed funding across two rounds, in December 2019 and April 2020, respectively. It also overachieved its first Crowdcube campaign by over 300%. The company will use the investment to continue onboarding its waiting list of over 10,000 and grow its business across different verticals.
days to go:
Expired
investment:
£2,348,974
Creative Minds is a community of artists giving therapeutic art sessions to care homes. They currently have 30 artist licensees delivering 350 art sessions to over 1500 people per month. The investment will be used to open new revenue streams and establish a global franchise presents in countries such as US, Australia and Canada.
days to go:
Expired
investment:
£30,420
ZOA Robotics build robots which have been inspired by nature. They are currently focusing on low-cost 4-legged systems for the transportation of materials on uneven ground. ZOA's founder has experience in the robotics industry and has already created impressive initial prototypes of the product.
days to go:
Expired
investment:
£188,300
Husky is the UK’s only open, SaaS platform for workplace pensions. For employers, the platform deals with legal and compliance burdens of auto-enrolment while helping reduce pension costs. For individuals and company directors, the app is instrumental in bringing profitable and responsible investments with the Husky for Everyone app. And for advisers and accountants, it ensures strong client relationships amidst transparency and efficiency. Close to 1.4 million employers & 22.6 million workers are affected by the UK’s automatic enrolment (AE) legislation. Within this market, a conservative estimate of fees charged on employees by pension providers is £2 billion a year; Husky aims to disrupt this market & is ready to scale. Its method of operation has led to it achieving important milestones. With more than 1000 firms onboarded, a 92% renewal rate, and an average annual fee of £438, Husky charges its onboarded firms (including Crowdcube) with monthly recurring fees laid out as part of a 3-year subscription model. With the funds received, the company aims to disrupt the relatively stagnant workplace pensions industry with innovative products and empower its customers.
days to go:
Expired
investment:
£417,338
