Pedal Me (PM) uses proprietary electric cargo bikes in combination with trained employees to provide a fast, clean on-demand service to help move both people and goods around London. It argues that it trains its personnel based upon the curriculum of the City and Guilds of London Institute creating skilled riders who can carry passenger payloads up to 150 kilos, cargo payloads up to 150 kilos, and trailer payloads up to 300 kilos, respectively, on their bikes, covering distances at a speed motor vehicles cannot match. PM has grown to 50 personnel and 52 bikes since its founding in 2017. It has featured in global print media such as BBC News, Financial Times, and Volkskrant. PM also earned revenue worth £657,000 in February 2021 despite the COVID-19 crisis. It will use the investment to scale and find efficient ways to continue its growth.
days to go:
Expired
investment:
£600,000
The Stirling Electric Motorcycle Company presents a futuristic motorcycle experience available today! The SEMC "SINATRA" delivers an exhilarating ride, easy maintenance, and the finest ride quality in its category. Whether you're a new, returning, or transitioning rider, enjoy the benefits of electric riding without the complexities and costs of advanced licensing. In numerous regions, motorcycles with up to 11 kilowatts of continuous power have more lenient licensing rules, such as in the UK where an 11kw SINATRA can be legally ridden after completing a one-day basic training course.
days to go:
Expired
investment:
£42,000
addvantage offers patented, fuel-saving technology that retrofits to heavy-duty trucks, thereby improving fuel economy, reducing harmful emissions and saving money for diesel-driven trucking fleets. Addressing two key challenges of the trucking industries--low margins and the need to reduce emissions--addvantage has a proven track record in the UK and is now launching in the US, where more than 4 million heavy duty class 8 trucks are operational. With diesel making up 40% of the trucking fleet costs in the US, the company provides compelling economics and environmental arguments for these fleets. addvantage is an exciting opportunity for investors looking for tax efficient, high growth opportunity with green credentials.
days to go:
Expired
investment:
£394,155
Birchwood Marine is one of the best British brands in the boat manufacturing business. It has a dedicated team of loyal dealers and has over 5000 boats to its credit. The company has an M.O.U Agreement with a reputed and established manufacturer in Argentina. It is also planning to re-launch Birchwood by using a joint-venture manufacturing association and produce a range of Sport Express and Flybridge models (from 34ft to 74ft), which will be sold in the US, EU, the UK, the UAE and China market. With the proceeds, the company will purchase two more boats for the forthcoming Southampton In-Water Boat Show, 2019 and the Dusseldorf Indoor Show, 2020.
days to go:
Expired
investment:
£82,140
Arc's aim is to become the market leader in electrical recreational vehicles by using licensed battery automotive technology as the base. The company was born out of Jaguar Land Rover’s White Space. Since its pre-launch, the ‘Vector’ has attracted global interest with over 590 news articles covering its release across 55 countries. Arc also witnessed over 130 sales inquiries in relation to the limited 399 units which it is planning to produce. The company is on a mission of creating vehicles that challenge the environment while protecting it.
days to go:
Expired
investment:
£1,067,420
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
Brompton's bicycle hire allows people to hire folding bicycles from hiring stations. The hiring stations (docks) are sold to partners. The company have already sold 44 docks to partners. They are looking for investment to prepare the business for international expansion. The funding will used to increase the size of their network by placing more docks in strategic locations. Their service will also be developed with the funds, working on their customer service and developing their skills.
days to go:
Expired
investment:
£380,000
Asap water crafts have developed an electric power-assisted watercraft for beach lifeguards that blasts the user through the water, for the ultimate adventurer, or for rescue to reach people faster. Their aim is to help lifeguards save more lives. In production and selling worldwide, they have been granted EU Design Registration and have EU & US patents pending. Asap has grown the production setup by making significant improvements - lowering assembly skill level with a modular/practical design. Its goal is to reduce product costs by at least 30%. With the proceeds, Asap will scale with a big marketing push by lowering the manufacture costs and providing the required capital to fulfil orders quicker.
days to go:
Expired
investment:
£154,380
A taxi and on-demand delivery service using electronically assisted, high-tech cargo bikes to offer a cleaner, faster and cheaper means of transportation. Pedal Me uses highly trained riders within London to carry almost any load, including two adults, which can all be booked through their app.
Between October 2017 and September 2018, Pedal Me generated revenues of more than £125k. They will be allocating investments towards increasing efficiency and improving pickup times.
Funds in this round will be used to add more bikes, riders and use smarter technology. Pedal Me aims to have more than 30 bikes within a 3-mile radius from the city centre. This will result in reducing pickup times to less than 8 minutes from a booking being placed. In addition, the company will 'stack' delivery jobs, which means one rider will be able to carry out multiple orders in a single journey and will therefore allow Pedal Me to keep prices down for customers. Future plans include expanding the service to the rest of the UK and overseas.
days to go:
Expired
investment:
£352,580
Go Zero is an electric taxi service. Since its inception in 2017, the company has completed over 10,000 journeys, saved an estimated 174 tonnes of CO2, and witnessed £530,000 worth of sales. The UK taxi industry is a £9 billion-pound industry and Go Zero, with its fleet of electric taxis powered by 100% renewable energy sources, aims to be a major disruptor. The company has received 100+ 5-star customer reviews and in 2019, it added 1600 new customers to its network. In February 2020, it launched the Go Zero Network, a network of 1,000 electric taxi franchises across the UK to expand electric travel for all. Being a part of the Go Zero Network offers a franchisee the opportunity to purchase a 5-year licence enabling them to operate their own business under the Go Zero brand. It also gives them the potential to earn between £30,000 and £50,000 after costs, based on performance metrics. With the investment, the company aims to recruit a high performing team to deliver market share, focused on sales, digital marketing, social media, franchise recruitment and management.
days to go:
Expired
investment:
£124,530
