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Manufacturing and Retail

The Funky Appliance Company

Status: Extended

Jun 14th 2021 - Jun 23rd 2021

The Funky Appliance Company (TFAC) take popular domestic appliances and give them a funky twist. It has partnered with Europe's largest small domestic appliance and housewares distributor, RKW, and intends to have its products stocked on the shelves of the UK's large electrical retailers by Q4 of 2021. TFAC began to work on its new 'Funky Kettle' and 'Funky Toaster' in January 2019, which eventually launched in the UK in 2021 to positive feedback. TFAC claims that alongside this private round on Seedrs, it has partnered with Forster Chase Ventures who are looking to secure a minimum investment of £1 million in the business. TFAC claims that the 'Funky Iron' was awarded the status "Good Housekeeping Institute Approved" and was recently given the title of "Best Iron for Large Households" by the Independent newspaper's "Indy Best" journalist. TFAC will use the investment to spend more money marketing its products and turning its inventory into cash.

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Log in to view amount pledged

    Log in to view target

    £8,000,326
    pre-money valuation

    1.48%
    equity available

    115
    investors

    £1,335
    pledge per investor

    10248770
    company number

    Administration
    company status

    23/06/2016
    incorporated 8 years


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days to go: Extended investment: Withheld

Log in to view amount pledged

    Log in to view target

    £8,000,326
    pre-money valuation

    1.48%
    equity available

    115
    investors

    £1,335
    pledge per investor

    10248770
    company number

    Administration
    company status

    23/06/2016
    incorporated 8 years

  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

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