A P2P lender for short-term borrowers focused on providing affordable, flexible and ethical loans. Welendus has full FCA authorisation and there are over 18,000 users on the platform with more than 900 loans issued. Investment is sought to expand the team with new operational members and grow the service with the use of viral marketing and referrals. The company is seeking more IP applications and to develop the service with new functionalities.
days to go:
Expired
investment:
£939,104
Njori is a company that has created an accurate, multi-functional cooker that can be stored on a bookshelf alongside cookbooks. The cooker uses integrated sensors and accessories to monitor and regulate the cooking process. It's built-in scales helps a user measure ingredients before and during the cooking process. The scale function also enables the user to reduce food by a set weight or percentage. The company aims to be a disruptor in the global portable induction cooker market that is set to be worth £4.5 billion by 2022. Njori has filed UK patents & is building its supply chain in China. It will use the investment to finish development and bring the final product to market.
days to go:
Expired
investment:
£236,797
ShareOptic automatically assesses each share regardless of the device or cloud service being used in near real-time. Data shares are checked against dynamic blacklist and sanction lists and immediately and automatically blocked. ShareOptic wraps all cloud technology that enables data sharing, placing controls around the data so the user can be safe in the knowledge that ShareOptic is tracking who the data is shared with.
days to go:
Expired
investment:
£5,909
Chip is one of the fastest-growing Fintech companies in the UK. Chip has built an app that uses the user's banking app to make personalised decisions about their money. Its user base has doubled since its previous fundraising in 2018. The company has 153,000 accounts, and it has processed more than £130m of savings. ChipX is the company's revolutionary returns platform and it has a waiting list of more than 50,000 people. The company is a winner of the British Bank Award, 2 Crowdcube awards, and 1 World Banking Award. It has welcomed many management executives from Funding Circle, Monzo, and Purple Bricks. Chip is now scaling with market-leading returns on ChipX. It aims to build the biggest savings account in the world. With the proceeds, the company will double its team and expand ChipX in the €10 trillion European savings market.
days to go:
Expired
investment:
£3,768,260
Darqube is a comprehensive platform for smarter investing. The company aims to equip finance enthusiasts, novice traders, and professionals with financial technology instruments, trading analytics, and algorithmic trading tools to hasten investment decisions. The company has multiple financial products on its platform like forex, mutual funds, cryptocurrency, and bonds. In 2019, the company launched 'Terminal', a comprehensive trading analytics platform. The year 2020 saw the company launch 'TradeLab Beta', an algorithmic trading platform, and 'Messenger', a messaging platform tailored to the needs of finance enthusiasts. Darqube has 5000 monthly active users and 75,000+ community followers. The company has also been featured in prominent publications like Business Insider, Yahoo Finance, and Marketwatch. The company will use 40% of the investment towards growth and user acquisition, 25% for product improvement, 25% for team expansion, and 10% as operating costs.
days to go:
Expired
investment:
£461,811
whatimpact is a social impact technology entity that uses AI and specific reporting tools to match charities and social enterprises, termed 'Recipients', with donor companies and grant-makers, termed 'Supporters' to ensure efficiency and transparency in Corporate Social Responsibility (CSR) and grant-making. whatimpact aspires to become a contender in the CSR segment that is estimated to be worth over £76 billion in reputational value to UK corporates. The business has onboarded 20 companies and 120 charities/Social Enterprises in Q1 2021 including EY, Brewin Dolphin, and Engie. whatimpact has a further 500 charities/social enterprises and 45 corporates in the pipeline. Its subscriptions range from £100/month to £2,000/month. It will use the investment to develop its algorithm and datasets, engage in customer acquisition, and build its leadership team.
days to go:
Expired
investment:
£375,002
Quotall is a specialist insurance technology software entity that helps large, high profile enterprises to enter the insurance market. The company claims that to date, brands have struggled to extend into insurance due to significant up-front costs, regulatory concerns, legacy technology in the insurance sector and a lack of in-house expertise. Quotall claims that its insurance ecosystem service aims to remove these barriers and enable rapid market entry. The company asserts that it can arrange regulatory approval for the client and link the latter's customers through to its fully client-branded, quote, buy and self-service insurance platform. Quotall's earned revenues in 2020 reached close to £500,000 and it has raised £4 million to date. It states it will use the investment to resource the implementation, development, and servicing of new client accounts as they are contracted.
days to go:
Expired
investment:
£708,805
Hansine is a luxury resort wear brand designed with strong ethical values and produced in London to the booming global market sector. The product's initial launch has proved its global demand with retailers like Liberty and Neiman Marcus. Hansine aims at becoming a definitive luxury destination wear brand. This brand has been worn by the topmost global influencers, and it has been featured by high-profile media platforms such as FT, Elle, Grazia, and The Telegraph. With the proceeds, the company will invest in production, facilitate the third phase of the business plan, staffing and marketing.
days to go:
Expired
investment:
£56,820
Elute Intelligence is an online platform that makes searching documents fast, simple, and accurate. The platform is optimised to handle a variety of tasks such as plagiarism detection, patent searching, fraud detection, governance and compliance, and e-discovery to name a few. Using a unique AI-based system, users can upload long-form documentation, and the system will analyse, tag, and find related articles across a wide range of academic journals and data sources. The company is looking to engage in partnerships: with government and commercial R&D teams to help accelerate research into Covid-19, with development partners to help expand the system into other research areas, and with investors interested in an AI and big data platform that can transform scientific research processes.
days to go:
Expired
investment:
Withheld
Particity is a platform that allows researchers to hire participants for a research project, collaborate with them, and approve participant incentives all on a single portal. The company argues that its portal automates what is currently a tedious and manual process and brings operational costs of a project down to a viable level. Particity claims that its model allows entities from Small and Medium Enterprises (SME) to marketing and research agencies, witness business growth. It has received enquiries from enterprises such as Oxford University, Discovery INC and PPD. Particity endeavours to become a contender in the $345 billion logistics and efficiency market and deliver an end-to-end solution to its clients. The potential exit opportunities for Particity would be to a player in the research industry, consultancy, software and digital or private equity.
days to go:
Expired
investment:
Withheld
