Finmo is re-imagining financial services by building tailored services and products to help the independents, self-starters and challengers of the world in attaining financial success. The Finmo solution helps users understand how much tax they owe to the government. It is the simplest way to track taxes for contractors, freelancers, and self-employed people. Finmo has made a user-friendly mobile application that has many advanced features for the self-employed who finance their business with their personal bank account. It monetises by cross-selling products and services and licensing its product out to accountants. The company has monetised the maximum investment amount of £100,000. The Goal of Finmo is to build, a sustainably profitable company.
days to go:
Expired
investment:
£150,000
Ripple is a clean energy ownership platform and renewable energy expert which aims at providing people the opportunity to own their own source of low-cost clean power. More than 460 people have pre-registered for Ripple's first wind farms. It has achieved a pre-registration conversion rate of 27% from click-throughs amongst Tesla owners. With the proceeds, Ripple will focus on launching the pilot wind farm project and recruiting a new Tech Team of a Finance Director, and a Business Development Manager. It is also preparing its business costs for the launch of the full-scale project in early 2020.
days to go:
Expired
investment:
£859,787
Central Plains Group (CPG) is a farming company with a vision to build an integrated zero-waste farming and processing operation to supply the rapidly expanding starch, bioplastics and plant protein markets globally. It aims to be a contender in the aforementioned markets that are expected to be worth more than $30 billion by 2026. CPG previously built and ran a large-scale farming operation in Eastern Europe for over 25 years, over 200,000 hectares of land and earning more than $250 million in profits. It aspires to take things further by promoting sustainable farming and contributing to the zero-waste bio-economy. CPG established its core feedstock farming platform in Ukraine achieving over £3 million worth of revenue with a net profit of £300,000 having supplied 11,000 tonnes of crisping potatoes to Pepsico and Ukraine Supermarkets. CPG will use the investment to actualise the construction of a 15 tonne/hour starch production facility powered by a green energy source.
days to go:
Expired
investment:
£3,031,685
Immersionn™ is a Virtual Reality discovery engine for immersive content. This engine works with fast speeds and low latency providing 5G networks that are the perfect go-to-market vehicle for Immersionn. This platform is accessible via smartphones, virtual reality headsets and laptops. Immersionn has the potential to work globally with 5G Telco operators and other vertical markets (e.g Transport, Mobile OEMs) that benefit from proposing Immersionn’s offering to its customers. Immersionn’s founder is a member of the UK5G Creative Industries working group, supporting the acceleration of the immersive sector adoption of 5G.
days to go:
Expired
investment:
£110,300
A smoothie brand with the aim of providing performance nutritional drinks by simply blending ingredients together. Starting at a Prince's Trust market stall, PACK'D has become a 'Top 50 Startups' company and has sold over two million Smoothie Kits so far. PACK'D sales have grown by 2000% since 2016 and has more than 1500 products listed in major food retailers.
days to go:
Expired
investment:
£522,780
B-North is a financial technology bank combining cloud-native technology with face-to-face relationship banking to disrupt the £150 billion UK Small and Medium Enterprise (SME) lending market. It argues that it delivers cash to SMEs faster than the competition by combining its lending origination platform with a locally delivered servicing and relationship model overseen by experienced bankers. B-North asserts that it is engaging in a positive dialogue with several potential investors with a committed investment now standing at £18.6 million since June 2020. The company has also raised a seed capital of over £6.8 million that includes a six-figure investment from the Greater Manchester Combined Authority to establish its core team and create both the lending and deposit-taking platforms. The company will use the investment to provide a cash runway to the end of Q2 2021 as the team finalises its Series A round and secures its banking license.
days to go:
Expired
investment:
£883,835
B-North is creating an SME business bank that will deliver fast decisions with loans being given in two weeks. Its model is formed around strong relationships with both brokers and customers. B-North is in a positive conversation with the British Business Bank for Tier 2 debt, and its FinTech enabled lending platform is excellent. The funds will be used to expand the team and develop the platform. The company also aims at assembling a highly-experienced and ambitious management team supported by a heavyweight board.
days to go:
Expired
investment:
£2,815,350
ENSO is developing a new generation of cleaner, sustainable tyres and plans to disrupt the £200 billion global tyre market. It argues that conventional tyres are largely made of fossil fuels and contribute up to 28%+ of all primary ocean microplastics upon wearing down. It further points out that the increased weight and torque of electric vehicles wears tyres even faster, emitting more pollution. ENSO is addressing this crisis by developing sustainable tyres for EVs, to help reduce carbon emissions in line with the UK Government’s 'Net-Zero Strategy'. Its business is built on a direct-to-customer ‘Pay-per-Mile’ model serving EV-carmakers, fleets and private individuals directly. It claims that its latest energy-efficient tyres have achieved ‘A’ energy efficiency ratings by TÜV SÜD in Germany. The company will use the investment to deliver its first commercial tyres to EV-carmakers in 2021, and launch trials via London FreightLab, with Transport for London and DPD, with plans to expand to California by 2022.
days to go:
Expired
investment:
£1,873,760
HealthBox Software is a technology company building products for the post-COVID healthcare landscape. Its first product, ClearPass, was met with success. The tool asks an employee a series of screening questions related to COVID-19, including evidence of fever, fatigue, and dry cough, etc. ClearPass has over 400,000 end-users including companies like Johnson Controls, Remy Cointreau and the San Diego School District. HealthBox aims to be a significant contender in the global digital health market that is expected to be worth $600 billion by 2026. The company is on the verge of launching another innovative product, MyHealthBox. It is a consumer-facing digital health app that will allow users to store their medical records, easily accessible 24/7. HealthBox asserts that the app will have an array of features, including AI health assessment services, dietary advice and data-powered lifestyle guidance. The company will use 47% of the investment towards technology and development costs, and 53% towards sales and marketing.
days to go:
Expired
investment:
£144,265
