A taxi and on-demand delivery service using electronically assisted, high-tech cargo bikes to offer a cleaner, faster and cheaper means of transportation. Pedal Me uses highly trained riders within London to carry almost any load, including two adults, which can all be booked through their app.
Between October 2017 and September 2018, Pedal Me generated revenues of more than £125k. They will be allocating investments towards increasing efficiency and improving pickup times.
Funds in this round will be used to add more bikes, riders and use smarter technology. Pedal Me aims to have more than 30 bikes within a 3-mile radius from the city centre. This will result in reducing pickup times to less than 8 minutes from a booking being placed. In addition, the company will 'stack' delivery jobs, which means one rider will be able to carry out multiple orders in a single journey and will therefore allow Pedal Me to keep prices down for customers. Future plans include expanding the service to the rest of the UK and overseas.
days to go:
Expired
investment:
£352,580
Creating alcoholic beverages for the health-conscious consumer. SkinnyBrands produces 'better-for-you' alternatives for those looking to reduce the number of calories they consume, have gluten intolerances, or prefer to live a healthy and actively lifestyle but still love drinking beer.
In 2016/17, turnover was £445k and the company is now expecting a YoY increase of 211%. This will result in a turnover of £1.4m. SkinnyBrands's monetisation strategy involves selling their products through retailers worldwide via multiple distribution channels. Due to the business's rapid growth, this investment round will allow the company to make key hires in key markets such as the UK, USA and Australia, as well establish further distribution rights and stockists to sell their products.
days to go:
Expired
investment:
£437,599
The Good Egg currently serves over 1000 customers a week after sell out pop-ups and food markets and a successful raise in 2014. They are now raising on Crowdcube again to bring their all-day Montreal-deli-meets-Israeli street-food to Soho's Kingly Court.
days to go:
Expired
investment:
£606,540
Canvas Dining is a restaurant and hospitality business that have a range of enterprises in prime locations in London and the South East. These enterprises have been set up to cater for the rapid growth of the casual dining market.
days to go:
Expired
investment:
£451,670
Drop Bear Beer Co. aims in disrupting and exciting the alcohol-free beer market. It is the only female-run alcohol-free craft beer company. Drop Bear Beer Co.'s May 2019 launch was a success as it experienced sales of 3000 units in one month. The company is a winner of the Wales Start-Up of the Year Awards 2019. With the proceeds, Drop Bear Beer Co. will finalise core range within 12 months, scale-up production, make range available in cans, and arrange a large brand-building campaign.
days to go:
Expired
investment:
£172,570
Northern Monk is a brewery. They started from their family home using other peoples breweries across Yorkshire and selling at farmers markets. In 2014 they found and restored a grade 2 listed building and turned it into a brewery, tap room and arts/events space and have added a second brewery close by. The investment will help them triple their capacity with 8 new 10,000 litre fermentation vessels and make production quicker, more efficient and reduce down time and waste with a new packaging line.
days to go:
Expired
investment:
£1,482,740
Taster is a collection of online restaurants dedicated to bringing the best street food to users. The company says that it has launched five highly successful digital restaurant brands with chefs and food personalities, is available in 11 cities across the UK, France and Spain, and has onboarded over 20 partners. Taster's revenue grew 110% to €10.5 million in 2020 alone where it delivered over 1 million meals. The company has raised $50 million to date from investors such as Battery Ventures, Octopus Ventures Rakuten, LocalGlobe (Latitude) and Heartcore Capital. It claims that Taster brands hold the third-largest market share on Deliveroo in Paris. It will use the investment to increase Taster’s presence across the UK, France and Spain, drive expansion into new cities, support the launch of two new consumer brands in 2021, and take the company globally by signing up with more through more restaurants brands.
days to go:
Expired
investment:
£592,079
EV Hub plans to offer fast charging for fleets of electric cars, vans, and couriers at sites with 15-30 bays each. The company uses the latest stable technology that needs only c.30 minutes per charge in comparison to 1-2 hours ‘Fast’ chargers and overnight for ‘Slow’ home/work charging. EV Hub's goal is to start with London’s 3,000 electric taxis, and it will expand quickly to serve vans, hire cars, minicabs, and couriers. With the proceeds, the company will lease and run two first flagship, high-traffic sites, King’s Cross and Heathrow Airport, which will help boost the working capital to profitability.
days to go:
Expired
investment:
Withheld
A car-sharing platform for drivers to receive an extra income by allowing the local community to drive their cars instead of leaving it idle and unused. Hiyacar has a acquired an exclusive insurance product with AXA and already has more than 2,000 cars enrolled, with the majority located in London and surrounding urban areas with the intention of expanding further in the future.
days to go:
Expired
investment:
£1,431,885
Magway is a sustainable and reliable transport solution that aims to improve air quality and congestion. It is the winner of Innovate UK grant and has been recognised as a top 100 Global Startup. Magway is planning initial revenue opportunity from short routes around airports. Moreover, the company has an agreement in place with a leading engineering firm to plan implementation. It is a high-impact investment opportunity that plans to generate revenues by expanding internationally, transforming delivery around urban centres in the UK, and providing secure goods handling solutions for airports. With the proceeds, Magway aims to accelerate development, register further patents, and build the team.
days to go:
Expired
investment:
£1,344,460
