INSPHERE uses image sensors and Artificial Intelligence (AI) to guide and correct robot positioning during the manufacturing process, ensuring right-first-time production. The company argues that industrial robots are not completely accurate and can experience unplanned downtime that can cost up to £10,000 per minute. INSPHERE asserts that its solution allows factory operators to operate safely with less downtime, and with multiple robot and human operators. The company has developed three products since 2013 which have received recognition in the aerospace and industrial automation sectors. INSPHERE is now launching IONA, a network of sensors that can be permanently deployed in a manufacturing environment to monitor and control industrial robots. IONA, the company points out, uses both hardware and software to correct errors taking into account the robot and its relationship to the workpiece. INSPHERE will use the investment to diversify the reach of IONA across markets.
days to go:
Expired
investment:
£1,149,999
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
Agent House is an operational system and platform (OSP) offering business administration and marketing to independent property professionals for an affordable monthly licence fee.
days to go:
Expired
investment:
£66,766
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
Funnel is a technology, disruptive, financial, and legal platform which will power the company's global expansion. It seeks to be a global marketplace disrupting the music's creation, marketing, and development through its new Shared Outcome Agreement. The purpose is to develop a transparent, new, and fairer model within the music industry. The funnel has developed a new, disruptive, legal, and financial model. The company has completed many releases from artists and platform MVP completed. It has an internationally experienced team in technology, music, and brands. The Funnel wants to be a fundamental partner to advancements in technology like AI & blockchain, which form a part of its roadmap.
days to go:
Expired
investment:
£254,190
Providing musical-entrepreneurs with the tools and facilities to succeed and thrive in the media industry. The Rattle offers new and upcoming musicians and technologists with a mentorship and community to help them run their own music businesses in the new digital world.
The Rattle is currently processing more than 800 applications and has already accepted over 100 candidates for membership that have come from numerous backgrounds with various aspirations. Since February 2018, the company has seen their monthly revenue grow by more than 300% to over £11k. The Rattle is expanding their business to Los Angeles, with New York City planned soon after.
days to go:
Expired
investment:
£1,112,210
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
Walljam is a sports technology business that is digitising ball sports through its advanced, smart panel technology. The company's latest offering, 'Metrix', is the first football-themed social entertainment venue launched in partnership with UEFA Champions League. Walljam intends Metrix to be the turning point in the company's image from a purely fan engagement platform to a social entertainment and live events operator. Metrix's inaugural venue will open in Autumn 2020 at Westfield London (White City), Europe’s largest shopping mall. Under the UEFA Global Licensing Partnership, nine more venues are expected to open across Europe within the next five years. The company is seeking to raise funds of £3.5 million at a pre-money valuation of £3.6 million. It will use the investment to launch the first Metrix venue and manage working capital.
days to go:
Expired
investment:
£577,132
Clooper is a property management platform. The company argues that 86% of private landlords in the UK manage their properties themselves, with many finding it time-consuming and stressful. Clooper seeks to solve this problem with a property management platform that connects landlords, tenants, trade services, and homeowners to facilitate easy transactions between them. It aims to be a significant contender in the £11 billion property management platform. The company points out that Paul Rothwell of Empire, a large residential landlord in England, has pledged £200,000 of investment to the company. Clooper aims to make move-ins quicker, repairs faster, and payments easier in the wake of Covid-19 which is fuelling the adoption of online services in the UK. The company will use the investment to hire key recruits, operationalise mobile apps, boost marketing, and enhance sales and operations.
days to go:
Expired
investment:
£409,847
Launched in 2016, Scoop is a printed kids magazine which publishes original work from some of the world's best-amazing writers and illustrators including Malorie Blackman, Jacqueline Wilson and Neil Gaiman. Scoop's magazines are sold in 35 retailers globally and has a readership of 6,000. Moreover, the company has also partnered with UK literacy charities including the National Literacy Trust and Love Reading. The funds raised will be used to raise subscriptions, add new formats and generate new revenue streams.
days to go:
Expired
investment:
£161,840
