Symmetrical Power has developed an innovative solution that addresses the issue of energy wastage. After identifying the inefficiency of the 3 Phase Electrical Distribution Boards, Symmetrical Power is creating the ‘Intelligent Distribution Board’ (ID Board). It aims to prevent the challenge of peak demand whilst saving on energy bills. The working model of the product also received positive feedback from electrical specialists. Additionally, Symmetrical Power was also a Shell Springboard regional finalist (2018) for its new low-carbon ideas. With the proceeds, the company will complete design & begin distribution in Europe and to position itself as the go-to Distribution Board provider.
days to go:
Expired
investment:
£233,600
Creating Scottish cocktails that are high quality and ready-to-drink. The Venom Project's drinks consist of 5 flavours available in cans that contain 8% alcohol and are currently sold in off-licenses in Scotland, as well as over 300 retailers. In the first 7 months of trading, the company has been listed by over 250 stockists and sold more than 150k units. This has resulted in sales of £500k with the team growing from 3 to 10 members to handle demand.
More than 250 stores have requested re-orders on a monthly basis and The Venom Project has predicted that 250k units per month will be reached in the near future. Funds will allow the company to escalate their manufacturing process to meet consumer demand, as well as acquire more stockists to attract new customers to the brand. A new manufacturing process will also allow the business to print their cans, which will aid in reducing production costs.
days to go:
Expired
investment:
£62,170
PANTSANDSOCKS.COM is an online retailer and subscription service that helps men buy branded underwear and socks. They state their mission is to be a convenient, one-stop-shop for top brands in the market. PANTSANDSOCKS.COM argues that it is an ‘Authorised Stockist’ of 16+ leading brands including Calvin Klein, Hugo Boss, Polo Ralph Lauren and Tommy Hilfiger. The company claims to have fulfilled over 2,000 orders, welcomed over 100,000 unique website visitors to its site, achieved a 4.6/5, ‘Excellent’ Trustpilot rating, and signed up over 4,000 people to its database. The company has integrated with Amazon and Google Shopping to provide additional revenue streams. They state they will use the investment to achieve 100,000 unique visitors per month by the end of Q3 2021, meet its business targets, and continue to develop its internal capabilities at a sustainable rate.
days to go:
Expired
investment:
£205,504
BEEN London is a next-generation sustainable accessory brand which converts waste into beautiful products, for customers all around the world. They aim to change the way people make, perceive and buy beautiful things and want to make everyone part of the solution, involving local artisans and people with learning disabilities in the growing economy of sustainable fashion. Till now, they have successfully shipped orders to 18 countries worldwide, achieved profitability from Year 1 and launched 17 different products including backpacks, laptop cases and tote bags. BEEN is a UK FUTURE 20 startup, a finalist at the Sustainable Lifestyle Awards, and a profitable company looking to scale up into a global, game-changing sustainable brand. BEEN have been approved for investment by London Fashion Fund. With the funds, they want to accelerate sales, increase margins and turn other streams of waste into new incredible products.
days to go:
Expired
investment:
£325,589
Loupe London is a jewellery company that aims to join London’s £42 billion-a-year creative industries market and set a new benchmark into the art of jewellery making. It plans to create an experiential destination in the heart of London’s heritage-rich 'Jewellery Quarter', and connect UK artisans and discerning consumers who share an appreciation for craft, creativity, and unique design. Loupe's team strives to celebrate UK's famous 'Hatton Garden' heritage, protect artisan skills by offering business support, and establish a workspace for artisans and future talent to build their careers. The company estimates that 80% of consumers prefer independent brands, are mindful of sustainable purchases and attracted to 'Made in UK' products. Loupe aims to target this cater to this segment. The company will use the investment to build creative utilitarian immersive space and a website with integrated social channels.
days to go:
Expired
investment:
£77,738
The Honestly Good Smoothie Co. is a subscription box service that delivers 100% organic and pure pre-portioned smoothie components directly at your door-step. The company is known for its ready-to-blend frozen smoothie kits and has sold more than 8,000 smoothie kits so far. Since September 2018, the company has seen 60% customer retention with 25% of the customers spending above £500. Honestly Good has also been featured by BBC Radio, Bestfit Magazine, Forbes, and Nutribullet. With the proceeds, Honestly Good is planning to upscale its premises by introducing a developed, compostable and re-usable packaging system.
days to go:
Expired
investment:
£264,990
Chop2Bowl is the first in a line of kitchenware products created by Lewis Pennicott Design. The core Chop2Bowl product is made up of a split-board and six bowls, which are inserted into a base unit. The split-apart function means that cross-contamination can be easily avoided.
days to go:
Expired
investment:
£33,100
NoshyCircle intends to disrupt the £8.5 billion UK takeaway market by offering healthy home-cooked meals with ingredients and their nutritional value clearly displayed on deliveries. Consumers can use the app to order their meals prepared by cooks in their neighbourhood. NoshyCircle ensures that the cooks are registered with their local council having a food hygiene rating of three or above. The company also strives to make sure that all its deliveries arrive in an eco-friendly packaging and delivery solution. NoshyCircle enables anyone passionate about cooking to register themselves as cooks and start their virtual kitchen. It currently has 20 such people on its platform. NoshyCircle will use the funds to scale its presence to the rest of London by the end of 2021 and expand its social media presence to attract more consumers to grow its business.
days to go:
Expired
investment:
£91,424
Elizabeth Henley® Ltd is designing the world's first smart window shutter developed with microprocessor technology. The product is designed to automatically close the blinds at the time of dusk. It can also turn on LED switches, thereby offering mood lighting to a room. It has a license contract with Apple to promote integration with HomeKit tech. Elizabeth Henley® Ltd. also has design patents for wingtip® and shutter design with which it aims to cover the central and higher end of the market. The company has attracted interest from customers in the UK, USA, Europe, Dubai and Australia. With the proceeds, the company will further improve the prototype and buy tooling and machinery.
days to go:
Expired
investment:
£26,700
Hera London is an exclusive British clothing brand based in the fashion capital of England, London. GAZ from Geordie Shore, who has a following on social media of over 3 million, is our main brand ambassador. We have had orders from the UK, USA, Netherlands, Italy, Sweden, Finland, Denmark, Australia and Belgium. We are currently getting over 10 orders per day, having only been launched 6 weeks.
days to go:
Expired
investment:
£282
