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
Ablatus Therapeutics is a MedTech company developing a one-of-a-kind tissue ablation platform known as Bimodal Electric Tissue Ablation (BETA). This technology has been designed to overcome the limitations of existing products by offering ablation solutions in oncology (tumours) as well as non-oncology targets. With the proceeds, the company will finish the final elements of engineering of the generator and probe. It will also deliver formal safety test data that is a prerequisite for subsequent clinical trials.
days to go:
Expired
investment:
Withheld
Morso London is a modern community-centred restaurant that serves hand-crafted freshly made pasta and Italian bites with grappa-based cocktails. Launched in June 2018, the restaurant is created by a team of industry veterans. Paolo Vernetti is the Co-founder, head chef and CEO of Morso. Since Dec 2018, Morso has been TripAdvisor's Top 50 restaurant. The restaurant has received more than 100 5 star reviews. Morso was covered by Fay Maschler’s “Week in Food”, The Upcoming, The Infatuation and many other important food/media publications. Morso has achieved a 3x weekly sales growth from June 2018 to Jan 2019. It is achieving a positive site EBITDA on the 6th month of trading. Morso is planning to grow by opening two more sites in 2019.
days to go:
Expired
investment:
£99,950
An e-commerce platform that facilities merchants selling their products to consumers. TheFoodMarket.com primarily cater for high-moral businesses using only natural and organic ingredients within ethical supply chains. Customers place and pay for orders via the website and the merchants will directly deliver the order to the customer. A wide range of food is sold on the platform, such as healthy and gourmet varieties which are available from a farmer's market, a food hall, or a deli.
TheFoodMarket.com's main source of revenue is from commissions on customer orders, which is charged to the merchants utilising the platform. In the last 12 months, more than 100 businesses have signed-up on TheFoodMarket.com to become merchants. Current investors include founders of major businesses such as Play.com, MoneySupermarket.com and feelunique.com. New revenue streams are currently being developed which include advertising and introducing a partnership service in 2019.
days to go:
Expired
investment:
£353,999
An award-winning independent brewery that has been profitable every year since 2014 with worldwide distribution. Siren Craft Brew creates beers to ease those new to drinking, whilst producing adventurous flavours to continuously recapture and entice customers to return to their products.
The business has won numerous awards for their beers. In their first year of launching, Ratebeer.com rated Siren Craft Brew as the 2nd Best New Brewery in the World and is repeatedly listed in their Top 100 Brewers every year. They have also been awarded the World Beer Cup medal and CAMRA’s Supreme Champion Beer of Britain for their flagship stout.
Siren Craft Brew consists of a team of 28 people, whilst achieving £2.82m in annual turnover. In 2018 so far, their revenue has grown by 28% and their brewery has produced more than 2m pints this year.
The company is now raising funds to package their products into cans, as they have already identified a canning manufacturer that will meet the business's needs to also create high-quality bottles for their beer. Any overfunding will result in the company being able to take their taproom experience to other areas, as well as increase beer production and produce drinks in a more efficient manner.
days to go:
Expired
investment:
£1,215,170
H2O-ganics is using brand new technology to transform UK crop-growing. They are able to use this technology to grow vegetables indoors, without the need for pesticides and protected from disease and environmental factors.
days to go:
Expired
investment:
£76,418
The Wine List (WL) gives confidence to wine lovers through a home wine course. The company argues that 20% of the UK's wine drinkers fall into a cohort that is actively engaged, spend at the higher end of the market, and frequently drink from a variety of sources. But less than 20,000 people don't have the requisite knowledge about different wine styles and tastes. WL aims to change this scenario by offering a home wine course to customers where alongside their wine lessons, they also get two bottles of wine to practice their skills on. The company has shipped 20,000+ bottles of wine and witnessed revenues of £298,000 in April-October 2020. WL is also building a digital content platform that will offer best in class video lessons, with learning quizzes to reinforce knowledge. The company has featured in Metro, Evening Standard, and Courier. It will use the investment to increase content production, wine delivery and scale into 2021.
days to go:
Expired
investment:
£505,494
Buildy is an online platform that aims at making construction hiring easy by eliminating the expensive middlemen, thereby, saving time and money for both employers and employees. The platform was shortlisted as the Best Recruitment Innovation at Building Innovation Awards. Buildy has already signed up around 100 tradespeople and 46 employers. The company will streamline the hiring process through automation of job by bidding for jobs, matching algorithms, ratings, online chat, reviews, and providing the skilled workers and tradespeople more control via a better user interface. With the proceeds, the company will seek to fast track the Buildy app and help the company become the top recognised brand in construction staff hiring.
days to go:
Expired
investment:
£17,380
Cheesegeek strives to ensure that local cheeses reach a global audience. With backing from Dragon and Steven Bartlett, they are pursuing funding to advance their business model beyond merely curated cheese boxes (having dispatched over 100,000) and transition into a technology-focused specialist in cheese innovation, employing an omnichannel strategy.
days to go:
Expired
investment:
£427,570
A food delivery service offering calorie-counted and high-protein meals for those focused on health and fitness. Gym Food is based in London and is now raising funds to open in three more locations across the city. The company has been achieving average weekly sales of £23k in the November 2017/18 trading period. Gym Food does not have any storefronts, or shop fits and instead trades exclusively via deliveries. The business has received a rating of 4.4 out of 5 on UberEats and 94% on Deliveroo.
days to go:
Expired
investment:
£231,170
