The Funky Appliance Company is the manufacturer of electronic appliances like irons, toasters and kettles. They give popular small domestic appliances a funky twist by designing them in a new stylish and smarter way. The company is working on a new product which will launch in the UK in 2020, and will be sold on its website and dedicated Amazon and eBay stores. They have also finalised arrangements with at least two large UK retailers which will see the new product range go into over 100 stores and online. Funky Iron has got the Good Housekeeping Institute Approval in 2019. The company will use the funds for the tooling and moulds of new products including their certification. The balance of capital will be used as working capital.
days to go:
Expired
investment:
£171,359
Bidvine is an online service marketplace offering 300+ services across the UK. The platform helps customers find and hire professionals or services relating to home improvement, events & photography, health & wellness, and many more. The company's biggest accomplishment to date has been the introduction of BidMatch which allows professionals to bid automatically on requests that match their preferences, availability, and budget. Bidvine has 100,000 registered professionals. Its mission is to help 250,000 local businesses to grow by £1 billion in 2025. The company will use 47% of investments on market development, 33% in the introduction of additional tools for service professionals, 12% in other operational expenses (OPEX), and 8% for international expansion.
days to go:
Expired
investment:
£2,764,793
Fullgreen offers a range of 100% plant-based products that are low-carb and preservative-free alternatives for people looking to eat fewer carbohydrates, add more vegetables to their meals, or manage health issues such as obesity and diabetes. Fullgreen also claims that its products are shelf-stable negating the need to refrigerate. The company's catalogue includes non-Genetically Modified Organism (GMO) riced veggies, cauliflower risottos, and oat free plant-based breakfast meals, to name a few. Fullgreen points out that its products are listed in over 9,000 UK and US retailers. The company has dedicated production lines in the UK and US with a capacity of over 18 million pouches per annum. It has sold over 12 million pouches to date and earned £5.4 million in 2020. Fullgreen will use the investment to improve in-store promotions and activations, develop sampling activities for its target consumers, and boost geotargeted advertising and other digital marketing activities.
days to go:
Expired
investment:
£752,246
Zobi is a technology company that aims to secure smart devices in a home against any potential attacks by a fraudster or fraudulent entity. Zobi's first device and app, Hedgehog, aims to address this issue. Hedgehog can anonymously monitor the Wi-Fi of a user, detect and block suspicious activity or devices, and show a user the security loopholes and the means to plug them. Zobi claims that there are currently around 135 million connected homes and, by 2025, the spending per year on smart home devices is said to be $160 billion. It aims to be a major contender in the smart home security sector. The company won the European Product Design Award 2020 and secured $120,000 worth of grants from Amazon and Google for its cloud services. Zobi will use the investment to build partnerships and its business development team, expand its offerings to other regions, scale-up marketing and PR, and recruit a senior Chief Technology Officer (CTO).
days to go:
Expired
investment:
£511,386
Market Halls (MH) takes unloved public spaces and transforms them into destinations for all-day drinking and dining. MH claims to offer something for everyone, taking visitors seamlessly from breakfast through to late-night snacks. It argues that it has established three venues in Fulham, Victoria and the West End that have attracted crowds in excess of 1.04 million in 2019. MH asserts that it received a Net Promoter Score (NPS) of 62, generated £15 million in revenue in 2020, and has featured in publications such as The Telegraph, The Guardian and Independent. MH also stresses that it has a ‘Best in Class’ retention rate of 80% repeat business. It states it will use the investment to scale up its business with a new identity, new gold-dust venues and an improved customer offering.
days to go:
Expired
investment:
£787,240
Fortu Wealth is a Business-to-Business (B2B) Software as a Service (SaaS) solution for private banks, wealth managers, external asset managers & multi-family offices. The company aims to be a segment leader in the $158.3 trillion personal wealth market. It has developed and launched the beta version of its Fortu Wealth mobile app and a desktop version of the application with essential features during the first three quarters of 2020. It has also signed partnership agreements with top service providers to provide facilities like Foreign Exchange, Anti-Money Laundering (AML), and Know Your Client (KYC). Fortu Wealth will use the investment to enable further product development, manage operating expenses, and invest in customer acquisition.
days to go:
Expired
investment:
£500,045
WRAP is a co-working hub for families to work, rest and play. The company argues that COVID-19 has led to the need for a space where work and leisure intersect. WRAP's premises consist of an upstairs section having shared and private offices. The downstairs section consists of a café, nursery and play centre. The company aims to be a carbon-neutral entity by implementing methods like using reusable nappies in the nursery to channelling 100% renewable energy system throughout the building soon. The company has gained support from cornerstone investors such as Penny Jones, Dave Stewart, and Ian Wood, who have experience in overseeing property and co-working facilities. WRAP will use 94% of the investment for refurbishing its building premises, 2.3% in marketing, 1% to setup digital tools such as Customer Relationship Management (CRM), 2% for legal assistance, and the remaining for getting regulatory approvals from Ofsted UK.
days to go:
Expired
investment:
£321,064
Creative Hub is a fast-growing cloud software platform for creative people to store, share files, and collaborate on projects. The collaboration tools also allow users to chat in real-time, and add comments on images, allowing creative teams to work faster and deliver better results. Creative Hub enables users to order professional art & photographic prints, or physical 3D prints, which are produced at its print production facilities in London(UK) and Dusseldorf (Germany). The platform currently has 40,000 active users which are growing day by day. With the investment, the company will drive growth through marketing and launch its New York production facility.
days to go:
Expired
investment:
£286,992
Aloha is a barrier-free WiFi hotspot and data-sharing platform. The company estimates that 3.5 billion smartphone users worldwide pay to access the web with many unable to access the internet daily due to technical or financial constraints. Conversely, 67% of smartphone users do not consume all of their mobile phone data available to them each month. Aloha aims to change this scenario. It enables users to get paid for sharing unused data and be rewarded with 'Aloha Tokens' that can be exchanged for cash, bitcoins and exclusive offers from Aloha's partner companies. Business users and advertisers can use the advertising tools in the Aloha application and broadcast offers and promotions directly to a targeted audience within the Aloha community. The company will use 20% of the investment to list the Aloha Token with one or more key Crypto exchange platforms, 15% to expand the application development team, 17% to complete development of the Aloha Marketplace, 20% for marketing and PR, 16% for running monthly costs, 3% for Aloha app upgradation, and 10% as contingency funds.
days to go:
Expired
investment:
£307,707
Baanx is a B2B2C mobile banking platform offering cutting-edge services in remittance, spending & blockchain. The company takes pride in its innovative customer acquisition process through partner communities. The BaanxCL already has a CL™ VISA Debit Card, Crypto-Payment Gateway, a Crypto-Exchange, Stablecoins, and other exciting features. The company is also partnering with new brands around the world which are not banking already but have large user communities to connect. The company is aiming to target 100,000 users by Q2 2020 with the assistance of Super Seed Investors. With the proceeds, Baanx will hire additional team members, spend funds on marketing, and launch services in South America and Asia.
days to go:
Expired
investment:
£658,200
