E-RIDER sell electric bikes and scooters and is a new concept in personal travel. The E-RIDER bikes and scooters glide over the road with all the convenience of a silent motorcycle. All of the E-RIDER bikes and scooters come with a brake light, audible indicators, wing mirrors and motorbike suspension and these all allow for a more comfortable, safer ride.
days to go:
Expired
investment:
£4,550
VINEX is a digital Business-To-business (B2B) trading platform that connects buyers and sellers to source, sample, negotiate and execute contracts related to wine. The company has traded more than 115 million bottles of wine across 26 countries since 2016. It has also witnessed 3,200 monthly visitors on its platform with an average of 80 million litres of wine traded each month, from 16 countries. The company recently launched VINPay, an industry-first financial technology service customised for the wine industry, providing wineries with guaranteed payment and increased access to capital liquidity. VINEX argues that VINPay attracts wineries with earlier access to cash and empowers buyers to buy better, with up to 150 days to pay. The company aims to become a contender in the wholesale wine market that is set to exceed US$381 billion in 2021. VINEX will use the investment to help wineries invest and flourish.
days to go:
Expired
investment:
£114,218
Winebuyers connect vineyards and wine merchants directly to the end consumer revolutionising a traditional industry. They make their revenue by charging the suppliers a monthly fee and have had 2,700 companies registering their interest to be involved in the platform. The funding will go towards strengthening their infrastructure, extending their marketing activities and to growing the business quickly and efficiently.
(SEIS Partial)
days to go:
Expired
investment:
£568,870
Velorution is an electrical cycling retailer with products designed for urban environments. They currently own 3 stores with a combined turnover of £500k. The company is raising funds to grow their business by increasing the number of permanent retail locations in 2019. In addition, they are planning to increase brand awareness by partnering with other businesses. Current collaborations include Selfridges and Lululemon, where Velorution cycles are showcased at their concessions and pop-up venues.
days to go:
Expired
investment:
£543,090
Noveltea is a premium alcoholic tea brand launched in Fenwick in April 2017. The company's products are vegan, gluten-free and low in sugar, and manufactured in minimalistic & up-cyclable lifestyle packaging. Thanks to its low-Alcohol by volume (ABV) portfolio, the brand has sold 350,000 bottles since its launch in 2017. The company experienced more than £100,000 worth of sales in April 2020 despite COVID-19 due to smart e-commerce channel utilisation. In 2020, the size of the global alcoholic drinks market is $1.587 trillion and is forecasted to grow by 3.5% (CAGR) over the next three years. The brand aims to become a major contender in this segment and grow its business. The company use the investment to focus on its core markets in the UK, Germany, and China, and enter the USA by 2020.
days to go:
Expired
investment:
£558,845
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
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
Cranes develop acoholic, cranberry flavoured drinks. Currently their product range consists of 3 different variations of cranberry cider and also a cranberry liqueur. Current stockists include the online supermarket Ocado, as well as many other local shops and bars.
days to go:
Expired
investment:
£194,634
Andersen EV have developed smart, functional and elegant charging points for electric vehicles. The company's chargers meet the utmost safety standards and the UK Government has already approved the product. Revenue is generated via a subscription model, with many chargers to be located near hotels and businesses. The units are controlled via an app and the firm is in discussions with two major car manufacturers to expand across Europe.
days to go:
Expired
investment:
£726,680
Ready Burger (RB) states that it has created the UK's first scalable, value-driven, entirely plant-based Quick Service Restaurant (QSR) brand. RB claims that it has mastered the science behind the taste and texture of plant-based foods to make them indistinguishable from their non-veg counterparts. It further points out that its final products use up to 92% lesser greenhouse gases, and require up to 70% lesser water than competitor brands. RB argues that its meals cater for vegetarians, vegans, meat lovers, and people preferring Halal or Kosher foods. RB offers fast-food classics and has partnered with a global plant-based food manufacturer. RB asserts that its ergonomically designed kitchens enable it to produce 1000s of items a day, that are in turn, serviced from its central distribution centre. RB's integrated web-app ordering, in-store ordering kiosks and an innovative delivery solution allow customers to have their food in under 30 minutes. RB says it will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£1,998,549
