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Technology

Power Transition

Status: Active

May 11th 2020 - Jun 20th 2020

Capital at risk

Power Transition (PT) is a specialist cloud-based software & hardware platform that enables every participant in the energy sector to dynamically track, optimise and balance their energy in real-time and at any scale, from micro-grids to national grids. It is currently focusing on the UK residential & commercial market that consists of 1.25 million meter readings daily, focussing on £1.5 billion of customers’ funds annually, and ensuring steady and reliable management of interconnections throughout the UK. In 2018, the company raised seed funding, matched by Innovate UK, which in turn is being used, to develop and deploy its technology in 47 homes in Corby. The company is implementing its PT integrated microgrid as a 'Service Platform' in houses in Corby using its Distributed Ledger Technology (DLT) Network. With the investment, the company plans to roll out its platform beyond the microgrid use case and is talking to commercial estates, local authorities, Distributed Network Operators (DNO), energy aggregators, and producers.
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Crowdcube Technology EIS
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Power Transition Rating Review

Pitch rating powered by CROWDRATING™

Rated on 27/05/2020

Pitch Rated

81%

Gold

Management

90%

Product

75%

Investment

77%

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    £2,800,000
    pre-money valuation

    2.61%
    equity available

    588
    investors

    £453
    pledge per investor

    11384234
    company number

    Active
    company status

    26/05/2018
    incorporated 6 years

    Previous Funding rounds
    16 May 24 Crowdcube £266,530 / 355% 80.67%

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own     50-64%
    Room for improvement     65-79%
    Worth considering     80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 90%

Skills 91%
Power Transition has a skilled and diverse team in place covering the roles of operations, marketing, and software development. The CEO is a passionate eco-entrepreneur with a successful track record in cleantech business ventures. He is skilled in Renewable energy, Energy, project planning, biomass, carbon management, alternative energy and cleantech. He has several industry awards, including the International Energy research centre award for renewable energy innovation. The CTO is an experienced software designer, architect, and developer of DApps and databases on DTL network platforms. He is skilled in cloud computing, risk management, SaaS, business intelligence, IT strategy, customer relationship management and sustainable development. The COO is the social entrepreneur, start-up advisor and developer in clean energy, and blockchain sectors. He is specialised in energy audits, feasibility studies, energy efficiency, stakeholder engagement, BREEAM, sustainable architecture, and sustainable consulting. He has won several awards by now that includes URS Pyramid Award, Top 50 Building Magazine, and Sustainable Leaders Awards from Edie.

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Funding progress

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Pitch Rated

77%

Overall

rating powered by

CROWD RATING™

days to go: Extended investment: £1,014,708

Log in to view amount pledged

    Log in to view target

    £2,800,000
    pre-money valuation

    2.61%
    equity available

    588
    investors

    £453
    pledge per investor

    11384234
    company number

    Active
    company status

    26/05/2018
    incorporated 6 years

    Previous Funding rounds
    16 May 24 Crowdcube £266,530 / 355% 80.67%
  • 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

Risk Warning - Summary

Don’t invest unless you’re prepared to lose all the money you invest. NextFin promotes high - risk investments and you are unlikely to be protected if something goes wrong.

Take 2 minutes to learn more.

Investing in equity and debt crowdfunding involves high risks, which may include long-term investment horizons, illiquidity, lack of income, defaulted loans and potential dilution. Any investor needs to be in the position to afford a total loss of capital invested. Investments that are made via Peer to Peer platforms should not be considered deposits like a bank. Your capital is at risk and is not covered by the Financial Service Compensation Scheme (FSCS).

NextFin is targeted at members who have the knowledge and experience to understand these risks and make their own investment decisions. You will NOT invest through NextFin but through the relevant crowdfunding website which also has signed off the content as a Financial Promotion on its own website. NextFin is not the originator of the financial promotions that appear on its site. However we do to the best of our ability carry out limited compliance checks on the originator and the company seeking funding to seek to ensure they are conforming to FCA regulations and anti-money laundering equity/requirements as appropriate. Business Agent Limited, trading as NextFin, takes no responsibility for this information or for any recommendations or opinions made by the companies or its users.

The pitch rating report prepared by CrowdRating and published on NextFin.co.uk does not constitute a personal recommendation, offer or solicitation to buy or sell investments. The pitch rating report should be used as part of your own research to assess whether or not you should make an investment, but only as a single factor and not as a definitive source. If you require advice based on your personal circumstances or are in any doubt about investing, you should obtain advice from an appropriately qualified independent professional. Pitch rating reports are based on publicly available information, including information provided by the investment issuer. CrowdRating assesses that third party information without verifying its accuracy and does not make any representation or warranty as to the accuracy of the information on which it bases its assessments. CrowdRating’s responsibility for their contents is set out in the CrowdRating Terms and Conditions. Business Agent has not prepared or reviewed the contents of the pitch rating reports and is not responsible to you for their contents. Nothing in this Summary shall limit or exclude any liability CrowdRating owes to you under the UK regulatory system. The information and opinions are provided as at the date of the report and are subject to change without notice.

Capital invested in crowdfunding projects is at risk and you may lose some or all of your investment and/or find it difficult to sell. If the investment issuer defaults on its obligations to you, you will not be entitled to compensation from the Financial Services Compensation Scheme. You should only invest in illiquid securities as part of a diversified investment portfolio. Neither CrowdRating nor Business Agent offers personal recommendations on whether investments are suitable for you in light of your investment objectives and financial circumstances.

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Warning Notice:The data presented on our NextFin website was compiled to the best of our knowledge and based on the limited checks performed at the time of publishing. While we strive to ensure accuracy, we cannot verify the completeness or correctness of the information, as we have not conducted full due diligence on the investment opportunities ourselves. Therefore, it is imperative that investors use this data for historical, comparative, and research purposes only. The offering may have expired or the company may no longer exist. The data has been sourced directly from the alternative site at the date of publishing. Investors should conduct their own due diligence before making any investment decisions.

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