Sendit.Money is a remittance entity. It argues that individuals sending or receiving money in emerging markets can face insecure processes, slow transaction times and incur high costs. Sendit.Money asserts that this is because non-fiat currencies are changed multiple times before they are received. The company aims to change this. Its prototype application for African markets was received amidst positive feedback. It is now building a cost-effective mobile wallet providing a secure and inexpensive way to send and receive money that also allows users to compare transfer fees of different remittance agents in real-time. Sendit.Money was shortlisted as Best Global start-up at the 2020 Wales Startup Awards. The company will build and launch its Most Valuable Product (MVP) in Q3 of 2021. It will also use the funding to begin work with an authorised entity to become an approved representative.
days to go:
Expired
investment:
£182,732
Learn Amp is now a multi-award winning an employee experience platform which combines SaaS learning, engagement and performance management software in one intuitive platform that helps deliver a better overall employee journey. Company's vision is to transform the way businesses engage, align with and develop employees and want to dominate space the way HubSpot has done with content/inbound marketing for better employee experience. Till now, they have secured multiple integrations and content partnerships, having three-year deals with Kinleigh Folkard & Hayward, Metro Bank, Paragon Bank and Boon Edam. They won numerous awards: including 2019 Winner of the Employee Experience Award (use of technology) as well as two years running the global no.1 Learning Experience Platform. Funds will be spent majorly on marketing, building tech, product, sales team and marketing team and covering all the central costs.
days to go:
Expired
investment:
£400,730
Elfin Market is an FCA authorised peer-to-peer lending platform offering fair and affordable alternative to credit cards. There are over 60 million credit cards in the UK and the outstanding credit card debt amounts to £72 billion. The company plans to disrupt the credit card market by making financial services simpler and cheaper for everyone through technology and innovation. Elfin Market has already launched the beta version of their product and has achieved 60% monthly growth since its launch in September 2019. With the proceeds, the company will hire two developers to further build up in-house capabilities and for the smooth working capital of the business.
days to go:
Expired
investment:
£804,890
Zumo is a wallet and payments platform that aims to make traditional money and cryptocurrency work together. The company asserts that its blockchain-powered smart wallet is a safe and simple way to trade, store, transfer and spend cryptocurrencies. Its ecosystem comprises of three core products, namely Zumo App, ZumoKit and Zumo Pay. The company has raised £3 million in equity funding across three investment rounds. It has also soft-launched on the App and Google Play stores in November 2019 and grown to nearly 1000 users in that time. Zumo will spend 39% of the investment on human resources and hiring, 39% on product development, 17% on marketing, 5% on administrative costs, 3% on legal costs, 1% on rent, and the remaining on employee expenses and loan repayment.
days to go:
Expired
investment:
£1,580,010
Nova is a world-leading and award-winning tidal energy company. It designs, builds, and operates tidal turbines that generate electricity from the flow of the tide and the natural ebb. Nova's underwater turbines work in harmony with marine environment and have zero visual impact. In 2018, Nova received international recognition at the G7 summit and won ‘Outstanding Project’ at the Green Energy Awards the same year. Nova aims to become cost-competitive with traditional baseload fossil fuels. With the proceeds, the company will fulfil its purpose of Business Growth (25%), Project Delivery (50%), and Commercial Readiness (25%).
days to go:
Expired
investment:
£1,255,666
MacRebur uses waste plastics destined for landfill or incineration and adding them into asphalt for road construction and surfacing to extend and enhance the bitumen (fossil fuel) binder. It argues that its carefully selected plastics, taken from the waste stream, are added into roads to improve strength and durability, whilst reducing the quantity of the oil-based bitumen used in a traditional road construction mix. MacRebur asserts that with each km of road laid using its MR products, the company sustainably uses up the equivalent weight of 740,541 one-time-use plastic bags. MacRebur has completed road tests in numerous countries including the UK and Europe, Turkey, Australia, and Japan to name a few. It has also signed agreements with India, the USA, Chile, Estonia, Kuwait, New Zealand, Switzerland, Bahrain, Spain, and Malaysia. The company will use the investment to build its manufacturing plants in five strategic locations across the world.
days to go:
Expired
investment:
£3,055,740
Hitmarker is a niche jobs website for esports which was launched from Newcastle upon Tyne, England. It has been used by more than 425,000 people over 1.2 m times. In 2019, the company received the "Service Provider of the Year" awarded by UK Esports Awards. It has also won the "Supporting Agency of the Year" finalists at The Esports Awards 2019. Hitmarker also has 2,200+ hiring companies from 54 countries which include HP, Amazon, and Logitech. The company also has a database of 30,000+. The company aims to become the first global hub of esports jobs by gathering all of them in one single location.
days to go:
Expired
investment:
£166,050
Gravitricity has invented an uncommon technology which will use massive weights to collect energy underground. The company aims to be very cost-effective and have no standing losses, no explosive materials and no parasitic loads. Gravitricity has created a 250kW Concept Demo and a modular full-scale system and, It has worked with Glasgow-based controls-partner ISC and Dutch winch partner Huisman Equipment BV. With the proceeds, the company will develop the Concept Demo, the detailed design of the modular full-scale system and improve Europe and South Africa's projects plans.
days to go:
Expired
investment:
£759,700
Gravitricity is an energy technology company. The company uses winches to raise a heavyweight to the top of a vertical shaft to store electricity in the form of potential energy when there is excess energy on the grid. It then lowers it when required with the winch motors running as generators to transfer energy back to users on the grid. Gravitricity argues that the system can be charged and discharged multiple times a day for over 25 years. The company has built a 250kW concept demo in Edinburgh. It aims to become a contender in the energy storage market that is set to be worth $620 billion by 2040. The company has received interest from operating mines, grid companies, EV charging stations and solar developers for its technology. It is also investigating project sites in UK, Europe, the USA and South Africa. It will use the investment to complete the concept and detailed design for its prototype, develop its commercial projects portfolio, and protect its Intellectual Property (IP).
days to go:
Expired
investment:
£2,124,008
Gravitricity is an energy technology company based in Edinburgh, London. Its patented technology is based on a simple principle: raising and lowering a heavy weight to store and release energy. The Gravitricity system suspends weights of 500 - 5000 tonnes in a deep shaft by several cables, each of which is engaged with a winch capable of lifting its share of the weight. Electrical power is then absorbed or generated by raising or lowering the weight. The technology has a 25+ year life with no cyclical degradation, has no parasitic loads, is cost-effective and can be installed anywhere including city-centres. The company has recently submitted its fifth patent application and has won a grant under InnovateUK's Energy Catalyst programme. It is working with winch partner Huisman Equipment BV and controls-partner ISC to build a 250kW Concept Demonstrator and design modular full-scale systems. With the funds received, Gravitricity will buffer for any COVID-related delay in energy requirements amidst the global economic downturn.
days to go:
Expired
investment:
£775,000
