Good Club is an online grocer that aims to sell sustainable household food and products across the UK. The company's sales have grown from £18,000 to £234,000 in May 2020. The potential demand for sustainable food and products is £61 billion in the UK, and the company finds itself as a strong contender in this domain. COVID-19 has led to an increased interest in home-delivered grocery products amongst consumers. Good Club responded to this by opening its first distribution hub in North London. It has also carried out a 'Life Cycle Analysis' of its proposed process and prototype packaging to ensure that its sustainable and eco-friendly. The investment raised will help the company grow its revenues, establish scalable marketing foundations for future growth, and roll out 'Closed Loop' service to strengthen customer loyalty.
days to go:
Expired
investment:
£1,001,337
Muse is a smart, data-driven financial management application which aims to make financial empowerment a reality for all business owners. The app generates clear snapshots of a company’s finances showing all bank balances, and gives quick access to innovative invoice financing and other smart tools. Muse is live on the App Store and Google Play. Moreover, it has partnered with Prime 5 Finance Limited for invoice finance facility. The funds raised will be used to expand the business, sales channels and give an e-money account card in three currencies.
days to go:
Expired
investment:
£339,920
Coconuts Organic is a company that produces plant-based ice creams. Coconuts Organic asserts that it is one of only two mainstream organic plant-based ice cream brands in the UK. The company aims to tap into the fast-growing global trend of healthier eating and sustainable food. Coconuts Organic has won seven Great Taste Awards and became the fastest-growing 'Wellness Ice Cream' brand in the UK according to a May 2020 Nielsen report. Its products are stocked in major retail chains like M&S and Ocado. The company will use the investment to grow its sales and marketing team, increase its eCommerce business, scale its operations, and invest in marketing activity that will create consumer demand.
days to go:
Expired
investment:
£327,979
Logically uses advanced Artificial Intelligence (AI) to help governments, businesses and people uncover and address harmful misinformation. Its flagship consumer-facing product is an intelligent fact-checking and news curation app that combines the best of machine learning with human intelligence. The company's app has witnessed over 100,000+ downloads and completed over 10,000 fact checks. Logically's investigation has covered topics such as 2020 US Elections, regional Maharashtra Elections, and QAnon Central Hub Hosting Phishing Scams to name a few. It has featured in press entities like Forbes, Bloomberg, The Economic Times, and BBC amongst others. The company will use 28% of the investment towards sales and business/partner development, 25% towards technology and data science, 20% towards platform investments and additional data sources, 20% towards marketing and sales enablement, and 7% towards administrative expenses.
days to go:
Expired
investment:
£2,110,694
SL'M is the world's first zero sugar, zero carb, zero fat range of wines which is approved by both the TSO and FSA. During COVID-19, the company witnessed record earnings, amidst profitable online sales in March 2020. The company has also been featured in publications such as Cosmopolitan, The Sun, and many more. Slim Wine's audience comprises Gen X, Millennials, and Boomers, giving the company a great cross-generational position in the market. The company has served over 2 million glasses of wine and generated profits of over £1 million amidst a growing customer base. Slim Wine's latest vintage, Cuvée 450, was showcased at the 'Royal Berkshire Polo Club'. The company will use the investment to boost sales and marketing, advertising campaigns, and wine production.
days to go:
Expired
investment:
£262,948
Qardus is an ethical and Sharia-compliant financing platform for social impact Small and Medium Enterprises (SMEs) and investors. Qardus asserts that the 3.8 million Muslim community in the UK, and 25 million in Europe, is massively underserved when it comes to accessing interest-free (Sharia-compliant) structures. It intends to change this. Qardus offers up to £200,000 in innovative interest-free business financing to eligible SMEs for tenors of up to 24 months and is Financial Conduct Authority (FCA) approved. Qardus points out that it has provided over £250,000 in financing to some high social impact SMEs during the COVID-19 pandemic, maintained a 100% track record with a 0% default rate to date, and featured in media entities like Sifted, Islamic Finance News, Peer-to-Peer Finance News, and Fintech Futures amongst others. It will use 30% of the investment on marketing costs for acquiring SMEs and investors on its platform, 60% on growing its team, and 10% on obtaining additional licenses to expand its services.
days to go:
Expired
investment:
£313,009
Doordeck is a software that lets you unlock your office from your phone through integration with the building's existing access control infrastructure. Its software, along with its bespoke 'Tile' reader, makes unlocking doors from one's phone or smartwatch easy — by using the user's phone's internet connection & NFC scanner. Unlocking happens in a fraction of a second and securely using AES256 encryption. This is done by leveraging a building's existing access technology rather than ripping it all out. There are no expensive hardware costs, disruptive installation, and unreliable Bluetooth connections. The platform has been installed in hundreds of schools, offices, airports, and gyms across 10 countries including the UK, Russia, and the USA. It has been used to unlock doors more than 500,000 times. The company was selected as a finalist to showcase its innovation at the Airport Innovation Hub in Dubai. Recently, the company signed a distribution arrangement with Oprema- one of the largest and fastest-growing distributors of access control products in the UK. With the funds, the company will develop its team as well as build out more integrations with other market-leading access control systems.
days to go:
Expired
investment:
£217,221
Selling over 800 beers across two award-winning brands: We Brought Beer and The Beer Boutique, as well as being one of the UK's largest independent craft beer retailers, Two Heads Beer Co. is seeking investment to further expand the business with 4 new stores already planned in addition to the existing 6 stores with almost £1 million in revenue.
days to go:
Expired
investment:
£375,040
Supermeal is an online food ordering platform offering instant cashback to the customer for every order they place. Supermeal has served more than 50k orders and listed over 100k food items on its portal. The company is signing up 45+ restaurant partners every month with a total of registered 675+ restaurant partners. Supermeal has followed a business model that reduces the fees restaurants pay to 7% and provides a mandatory cashback (5%) to consumers. It has given £11,000+ in cashback and attracted over 10,000 customers generating £53k in device sales and £220,000 in orders. With the proceeds, the company will accelerate its marketing efforts, strengthen its senior management, and operational activities.
days to go:
Expired
investment:
£575,000
Dream Reality Interactive (DRI) is a software development company that builds interactive programmes and games across the full spectrum of immersive platforms and devices. DRI is in a soft launch of its mobile Augmented Reality (AR) karaoke game, Singheads, with the full launch expected in late June. DRI is partnering with Snapchat to leverage its 229 million daily active users towards this objective. The game offers players a new song to sing every day, and the unique business model opens the mobile karaoke market to ad-funded play. AR avatar heads powered by Bitmojoi (similar to Apple’s highly valued Memoji) significantly enhance the user experience. The company will use the investment to further develop its game. It will exit by being a catalyst in launching a successful number of games and eventually be acquired by a global platform such as Snapchat, Apple, Tik Tok, or by a global video games company such as Electronic Arts, Zynga, Activision, Tencent or NetEase.
days to go:
Expired
investment:
£135,000
