We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Status: Active

Aug 23rd 2021 - Sep 26th 2021

10 days left

Occuity seeks to develop revolutionary non-invasive screening and monitoring devices for chronic diseases like diabetes and Alzheimer's. It argues that its device safely shines a low power beam of light into the eye and then collects and analyses the return signal to accurately measure structures within the eye and detect changes associated with the onset of the aforementioned diseases. Occuity is targeting three distinct markets, namely Ophthalmology, Disease Screening and Disease Monitoring, which is worth an estimated $35 billion per year. It claims that its 'Occuity Indigo' product enables earlier detection of diabetes and provides a non-contacting, pain-free glucose monitor. Occuity was awarded over £1.5 million as part of the Innovate UK grant for the development of technology within Occuity Indigo. It has also signed a partnership with one of the UK's leading ophthalmic distributors, Birmingham Optical, to distribute its PM1 pachymeter device. It states it will use 42% of the investment towards Research and Development (R&D), 23% towards sales and marketing, 20% towards management and finance, 9% towards managing CAPEX and NRE, and 6% towards paying fees.

read more read less
  • £2,359,396
    pledged
  • 131%
    of goal

    £1,800,005
    target

    £12,855,835
    pre-money valuation

    12.28%
    equity available

    574
    investors

    £4,110
    pledge per investor

    12192959
    company number

    Active
    company status

    06/09/2019
    incorporated 2 years

    Previous Funding rounds
    23 Aug 21 Seedrs £2,359,396 / 131%

0 comments

Log in to comment


Funding progress



More from Manufacturing and Retail

Open for Vintage (OFV) aspires to accelerate the movement to a sustainable fashion future by disrupting the pre-owned luxury market. OFV's custom-built automated solution consolidates more than £50 million of authenticated, luxury vintage handbags, jewellery, watches and accessories from designers like Chanel, Hermes, LV, Fendi and Dior. It claims that its average order value was worth £670, with the record being a sale worth £24,000. OFV stresses that it has customers in more than 60 countries and boutiques in 14 thanks to its customs inclusive pricing engine that has removed the barrier of customs and delivery fees. The company has featured in press entities like Vogue, The Times, Drapers, The Independent and Marie Claire, to name a few. OFV will use the investment to accelerate marketing activity, expand its internal team, grow its Gross Merchandise Value (GMV) in advance of a planned Series A round in 2022, and boost business across UK and US markets.
pledged: 95% days to go: 27 investment: £383,973
Wearth London (WL) is a community of over 250 sustainable UK brands launched in 2017 with the mission to help build a greener future for e-commerce. WL argues that its platform offers a wide range of products ranging from ethical homewares and vegan beauty to zero waste and slow fashion. It aims to dominate the ethical consumer market in the UK that has more than doubled in the last decade, from £21 billion in 2010 to £47 billion in 2019. The company claims to have sold old over 180,000 eco-friendly products to date, recorded Q4 2020 sales of £750,000, and onboarded over 110,000 social media followers across Instagram, TikTok and Facebook. WL asserts that it has been listed by the industry-leading consumer group, Ethical Consumer, as one of the 'Top 5 ethical online retailers' in the UK. It will use the investment to boost organic content marketing, promote paid marketing via media channels such as TikTok, grow its team, and increase its technology capabilities.
pledged: 74% days to go: 20 investment: £111,222
Dalston’s is a drinks company that make drinks using real fruit and sparkling water with no refined sugar or junk. The company claims to have removed all refined sugar from its product range in 2020. It also asserts that it sold four million cans between May 2018 and December 2020, with its 2020 turnover standing at £1.79 million. Dalston stresses that its drinks are stocked in over 2,700 distribution points, including retail giants like Waitrose, Sainsbury's, and Asda. It also points out that its products are on the shelves of health food shops like Holland & Barrett and Wholefoods, and in leading establishments such as Benugo, Byron, Greene King, and Wetherspoons.The company won a DBA design effectiveness Award and a Grocer New Product Award. It will use 40% of the investment to build its sales team, 40% to invest in well-targeted consumer and trade marketing, and 20% to broaden its existing range with newer flavors.
pledged: 108% days to go: 16 investment: £433,369
OGEL turn waste polystyrene into modular buildings that have the potential to act as flood defences and exhibition stands. It claims that by turning some of the polystyrene that ends up as waste into walls, roofs and floors with a long life span is environmentally sustainable for the planet and businesses. The company claims that the market for home office solutions has increased significantly during the Covid pandemic, with 46.6% of the 32 million UK working population doing some work from home and only 10% wishing to return full time. It aims to capitalise on this sentiment. OGEL argues that £60,000 worth of its orders being produced are ready for delivery in October 2021. The company has featured in the current series of 'Dragons Den'. It will use 80% of the investment to deliver its target of 200 units in 2022 in the UK and the rest towards expanding sales within its garden building range in the UK and Europe and towards developing temporary buildings for commercial, industrial and medical use.
pledged: 200% days to go: 16 investment: £150,182
Buy me once (BMO) researches and sells long-lasting products, providing value for money for customers and a way for brands to compete on quality while also tackling climate change driven by overconsumption and waste. It claims that conventional appliances break at twice the rate of 2004, with the UK dumping 22 million furniture items with more than half of it being fast fashion. BMO aspires to change this and dominate the £100 billion sustainable consumerism market. The company raised £780,000 with Crowdcube, private investors and Green Angel Syndicate in 2019-2020. It claims to have grossed £680,000 for its 2020-2021 year sales with a 332% YoY growth. BMO has 38,000 email subscribers with a social media presence of 67,000 followers. The company states it will use the investment to accelerate its marketing activities, develop its website and expand its product range.
pledged: 147% days to go: 14 investment: £735,346

  • £2,359,396
    pledged
  • 131%
    of goal

    £1,800,005
    target

    £12,855,835
    pre-money valuation

    12.28%
    equity available

    574
    investors

    £4,110
    pledge per investor

    12192959
    company number

    Active
    company status

    06/09/2019
    incorporated 2 years

    Previous Funding rounds
    23 Aug 21 Seedrs £2,359,396 / 131%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph