Craved is an ecommerce business selling British craft food and drink from independent producers all over the country. They believe in craft, flavour and supporting the people behind the product. The investment will be used to grow their gifting business, launch and grow the Crave Collective and develop their corporate offer and acquire new clients.
days to go:
Expired
investment:
£180,590
Humble Grape is a rapidly growing wine bar brand from London working with an aim to make wine socially approachable to everyone. It mostly provides organic, biodynamic and sustainably produced wines. The four sites of Humble Grape became profitable within the first six months of operations, and the revenue surpassed the forecast of the year. Within two years of operations, it has been awarded as ‘Best Wine Retailer of the Year’ by Time and Leisure and also named as 'Notable Newcomers' by The Financial Times.
days to go:
Expired
investment:
£654,392
CRATE Brewery is a popular London-based Brewery, and their taproom a “mecca” for fans of craft beer from across the globe. The brewery was launched with the aim of creating a fun and stimulating environment where people can enjoy themselves, drink, eat, socialize. In FY2018, CRATE achieved a turnover of £3.95m with an EBITDA of £88k. The brewery also secured a national listing in 1500+ Tesco stores. It has set foundations for future growth by having invested in sales & marketing and extended its venue's (the White Building) lease and workspace.
days to go:
Expired
investment:
£962,480
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
Prosper is creating a customer-focused brand, aiming to offer free access to public and private funds, competitive cash rates, and instant financial advice via a mobile app. They charge a platform fee based on the customer's assets. The experienced team behind successful ventures like Tandem Bank and Nutmeg is targeting the UK's expensive and underperforming savings and investment market. They've raised £3.2 million from investors including Tom Blomfield (Monzo) and Charlie Delingpole (ComplyAdvantage).
days to go:
Expired
investment:
£1,022,665
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
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
Nextfin is an FCA approved aggregation and rating portal for equity and debt crowdfunding investments.
AIM is shrinking, legacy stock markets are too expensive to maintain and do not serve the requirements of SMEs, banks are closing branches, lending less and are paying little or no interest to investors. As a result of this, there is a huge growth in equity crowdfunding and P2P lending which has seen the launch of hundreds of alternative lenders & platforms that has created a new c.£3bn marketplace, expanding at 66% p.a. There is no single portal or trusted ratings index for investors to compare on a like for like basis and no secondary market to facilitate exits.
* NextFin is the new trading name of Business Agent Ltd
The solution
NextFin aggregates equity and debt crowdfunding investments to create the alternative finance marketplace. This makes it easy for investors and lenders to find and compare opportunities by presenting all investment offerings in one place. With the addition of a free of charge ratings service investors will be able to view ratings of every equity crowdfunding pitch, every P2P site, and every equity crowdfunding site. NextFin’s technology will constantly track these companies and investments providing the investor real-time intelligence on which to base investment decisions. The platforms and entrepreneurs will be self-promoting and marketing their ratings driving thousands of visitors a month to the NextFin site, in the same way, businesses refer their potential clients to Trip Advisor and Trustpilot. There is an estimated 10 million website/platform visitors per month across the whole of the alternative finance market. NextFin is targeting to direct 5% of this highly profiled traffic to its platform from which it will earn between £5-£8 per click from advertisers and partners. In addition, an in-house brokerage service also earns between 1%-6% commissions on loan placements. A future revenue stream (not featured in the financials) will be developed once visitor traffic reaches critical mass. This will see Nextfin being able to realise the full value of its captured ratings data and visitor traffic by launching a secondary market, which is estimated to be a £5bn marketplace.
NextFin is raising £500k at a pre-money valuation of £2M to: • Develop P2P and Equity site ratings• Expand the management, infrastructure and marketing resource• Increase visitor traffic to 6m a year via rating referrals
Owing to the size of the market and rapid growth of the industry, enterprise valuations in alternative finance are based on visitor traffic, market share and registered users. Recently published valuations of companies with visitor traffic of over 6m per year are in excess of £70m. NextFin is the market-leading aggregator and has first-mover advantage. It has the potential to exceed these valuations because it is the whole of the market aggregator and is currently the only ratings service provider as it grows to achieve 500,000 visitors p.m.
days to go:
Expired
investment:
£274,057
Businesses can now book meetings in pubs to discuss projects whilst enjoying food and drinks. MeetingsInn aims to satisfy the demand for companies that would prefer to hold discussions in smaller, yet livelier venues. Through their research, MeetingsInn has discovered 4,500 pubs that would be ideal locations for businesses to gather. All pubs will be audited to ensure they meet MeetingsInn's standards.
MeetingsInn generates revenue from a 10% commission of all bookings confirmed, as well as pubs that wish to advertise and have premium listings on the website. This crowdfunding round will allow MeetingsInn to list more pubs on their platform, as well as enhance their booking service to include tools and resources such as group accommodations.
days to go:
Expired
investment:
£60,960
Multiple brokers and clients can connect with each other on the only FCA-regulated social trading app. Pelican's platform is designed for traders to discuss strategies and share, copy, oppose or execute trades similarly to traditional traders on Bloomberg terminals. Revenue is generated via client-trading rebates and subscriptions from users following good traders and mentors. Further B2B revenue streams include set-up and monthly service fees.
days to go:
Expired
investment:
£465,209
