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Manufacturing and Retail

Love Ocean Group Ltd

Status: Active

Apr 29th 2021 - May 29th 2021

14 days left

Love Ocean (LO) is an ocean-inspired bathroom product brand on a mission to make natural marine ingredient products. It intends to eliminate single-use plastic in the bathroom and drive a 'Reuse & Refill' (R&R) culture. LO aims to become a contender in the adult and kids toiletries market that is worth £750 million in the UK alone. LO is launching a children's product range that consists of a whale tail-shaped bottle made from 100% post-consumer recycled plastic, designed to be reused and refilled via a quarterly subscription. LO asserts that it contributes to the Plastic Bank, by selling its products to consumers, to further the removal of 1 kilogram of ocean-bound plastic in Haiti, the Philippines and Indonesia. The company is planning to launch a baby range in 2022, an adult range in 2023, and a youth range in 2024. LO will use the investment to create educational editorial content to eliminate ocean-bound plastic by building an engaged community.

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  • £190,561
    pledged
  • 127%
    of goal

    £150,000
    target

    £2,110,500
    pre-money valuation

    6.64%
    equity available

    212
    investors

    £899
    pledge per investor

    12120922
    company number

    Active
    company status

    24/07/2019
    incorporated 2 years

    £15.59
    share price

    Previous Funding rounds
    29 Apr 21 Crowdcube £190,561 / 127%

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  • £190,561
    pledged
  • 127%
    of goal

    £150,000
    target

    £2,110,500
    pre-money valuation

    6.64%
    equity available

    212
    investors

    £899
    pledge per investor

    12120922
    company number

    Active
    company status

    24/07/2019
    incorporated 2 years

    £15.59
    share price

    Previous Funding rounds
    29 Apr 21 Crowdcube £190,561 / 127%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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