Carnot is developing hydrogen engines with key components manufactured from ceramics able to withstand fuel combustion temperatures, eliminating the need for cooling systems and doubling the efficiencies of modern engines. The company argues that modern engines waste on average one-third of fuel energy to cool systems that stop metallic components from melting. Carnot claims that its engines eliminate this waste doubling efficiency, halve fuel costs and CO2 and achieve net-zero operation by operating on biofuels and hydrogen benefiting the long haul transport, marine and primary off-grid power markets. Carnot has raised over £600,000 including a pre-seed round in 2020 for £357,000 at a pre-money valuation of £2 million, a £300,000 Innovate UK grant and another £300,000 Eureka Eurostar’s grant. Carnot has a 5-year, 3-phase exit strategy and will begin licensing its IP at the end of 2023 at which point it will begin generating revenue. It will eventually look for acquisition from one of its manufacturing partners in 2025 after demonstrating industry acceptance of its technology.
days to go:
Expired
investment:
£262,500
Windsor & Eton Brewery (WAEB) is an award-winning Royal Warrant holding brewery. WAEB brews over 1.4 million pints each year and is on a mission to make beer Windsor's top attraction. WAEB has won over 70 national, international, and regional beer awards. It claims to be a supplier of exclusive bottled beers to the House of Commons, London’s Shakespeare’s Globe, and over 200 pubs, bars, and hotels. The company made over £600,000 of direct sales to consumers through its brewery tap, shop, and home deliveries in 2020. WAEB argues that it is running five successful bars in and near Windsor, serving nearly 7.6 million visitors per year. WAEB created the Windsor beer festival and is a member of the Worshipful Company of Brewers. They intend to use the investment to grow its estate from its existing five venues to twenty by 2026, start with a major new bar in the heart of Windsor, and buy a canning line on-site to ensure fresher beers for its customers.
days to go:
Expired
investment:
£625,931
A fishing gear developer helping fishers increase their catch rate whilst protecting marine life caused by current fishing practices. Fishtek has produced 4 products to function alongside existing fishing gear and is already in use by companies across 35 countries worldwide, with 4 more products currently in the development stage. Investment is sought to further develop, distribute and commercialise these new products.
days to go:
Expired
investment:
£900,000
PLAYin CHOC is an ethical UK manufacturer that makes chocolate and plastic-free toys sustainably. The company asserts that it currently has a range of 19 products that are plastic-free, organic, vegan certified, and free from 14 allergens. It aspires to become a contender in the global chocolate with toy market segment that is worth 4 billion USD per annum. PLAYin CHOC claims that its distributors have access to over 600,000 shops across 30 countries. PLAYin CHOC points out that it is listed with 3 global companies, Sysco, Ocado and Gategroup, and is in early-stage conversations with 'Top 5' supermarkets in the UK. The company has also won 18 multi-national awards and exports its products to 30 countries. It argues that its UK factory has the capacity to produce 33,000 bars in 8 hours. PLAYin CHOC will use the investment to scale its business across different verticals.
days to go:
Expired
investment:
£364,495
Sol-Gel Materials and Application (SGMA) is a sustainable technology company that is using its new sol-gels to create sustainable solutions to plastic environmental waste. The company has researched and developed a non-plastic, non-toxic coating for products, from food packaging to electronics, that is water and oil resistant yet recyclable. Its product is the world’s only biodegradable, compostable, and recyclable (BCR) solution. The company's founder and CEO, Dr Fanya Ismail, has won the award 'Women in Innovation 2019' by Innovate UK and the company's work has been covered by BBC South East Today. The company plans to function as an IP management company, sub-contract manufacturing to chemical firms moving from bulk to advanced materials, and outsource distribution to partners, whose packaging customers serve brand owners.
days to go:
Expired
investment:
£611,040
Cleaning Club delivers a wide range of laundry and cleaning products through its online platform directly to businesses and households across the UK. It owns and sells tried and tested high performance, and award-winning brands like Senses, Muvo and Moss & Rowe, all rendering significant value than the current market leaders. It has sold more than 40,000 units of its product in the first month. Moreover, it has 70K+ fans on social media and thousands of Cleaning Club members. With its proceeds, it is going to enhance the platform and increase the flexibility of the subscription model.
days to go:
Expired
investment:
£81,920
Feastr is a UK-based multi-brand cloud kitchen business that delivers restaurant-quality food to a customer's doorstep in 30 minutes or less. The company asserts that operating from cloud kitchens within densely populated areas allows it to exploit the booming food delivery market without the huge overheads associated with bricks and mortar restaurants. Feastr operates its restaurants on aggregators such as Deliveroo, Uber Eats, and Just Eat, capitalising on their huge ready customer base. The company has had sales of over £550,000 since its launch in November 2019. It will use the investment to open three new locations, push its digital marketing campaign with new ideas in 2021, and prepare for its next round of fundraising.
days to go:
Expired
investment:
£346,487
Hagley West is an online watch company co-owned by cricketing legend, Chris Gayle. The brand has more than 50,000 followers on Social Media and has already sold its products in 39 different countries. To eliminate high barriers constructed by big brand markups and sales agents, Hagley West has developed a strategy to deliver direct to the consumer. Hagley West aims at increasing its presence to billions of global cricket fans with growth plans focused in the Asian market. With the proceeds, the company will accelerate its core business, develop new ranges, and expand into new markets.
days to go:
Expired
investment:
£353,540
The Wild Curl (TWC) makes custom-formulated and plant-based curly hair products. The company chooses its ingredients based on research that centers around the composition of curly hair across different demographics. TWC argues that it supports and fights for inclusive beauty standards by empowering women to adopt their naturally curly hair since 65% of women in the world have textured hair. The company claims to have changed the hair journey of 5000 customers globally. TWC has 5,000 customers, 5,600 email contacts and 6,000 followers on social media. The company has earned £100,000 in revenue since its launch and shipped over 5,000 orders to customer’s doorsteps worldwide. TWC will use the investment to expand its product range focused on conditioners.
days to go:
Expired
investment:
£95,689
SpaceX is an aerospace manufacturer and space transportation services company founded in 2002 by Elon Musk that aims to reduce space transportation costs and eventually enable the colonisation of Mars. The company has developed several launch vehicles, rocket engines and Autonomous Spaceport Drone Ship (ASDS) landing platforms. Its project, Falcon 9, became the first rocket to accomplish a propulsive vertical landing in December 2015. As of March 2018, SpaceX had over 100 launches on its manifest representing about $12 billion (£9.24 billion) in contract revenue. The company has also ventured into providing satellite internet access by launching its Starlink project. As of 13th June 2020, it has launched 540 Starlink satellites. It will soon launch its Interplanetary Transport System (ITS), Starship, to further inter-planetary travel and colonisation. They will use the investment to grow its projects across various verticals.
days to go:
Expired
investment:
£8,752,000
