This article does not constitute financial advice and is designed for information purposes only.
As we near the end of September, this week’s crowdfunding roundup are taking on practical problems. One is an online currency exchange platform while another is finding new uses for marine plastics. A third is an innovative greenhouse designed to help people become more self-sufficient with food.
There’s plenty of variety this week, but these startups are looking at how we could make better use of the resources that are already available to us.
So, who are the startups crowdfunding this week? Here they are.
1. SymPhysis Medical
How much are they raising: €2,500,012
Website: www.symphysismedical.com
SEIS/EIS? N/A
About: SymPhysis Medical is developing the releaze Drainage System to help patients spend more time at home, with greater independence in managing their care.
For people living with advanced cancer, fluid building up. around the lungs can make breathing difficult and require regular drainage. While it can already be managed at home, it often requires help from nurses or family members. SymPhysis’s design will allow patients to operate it themselves using one-touch activation to give them more control over their symptoms.
Where to invest: Europe Republic
2. The Good Roll
How much are they raising: €5,199,426
Website: www.thegoodroll.nl
SEIS/EIS? N/A
About: The Good Roll is building a bamboo pulp and paper company, sourcing from Ghanian farmers to supply global markets.
Toilet paper is an everyday essential that few of us give much thought to, especially when it comes to where the raw materials originate from. The Good Roll is turning locally grown bamboo into pulp at its factory in Ghana. For smallholder farmers, it’s an opportunity to earn from a crop that has often gone unused. Their ambition is to build a wider market for that bamboo, while keeping more of the economic benefits in the communities supplying it.
Where to invest: Europe Republic
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3. Honest Mobile
How much are they raising: £637,946
Website: www.honestmobile.com
SEIS/EIS? Yes, EIS
About: Honest Mobile is taking on two familiar frustrations for mobile users: poor signal and expensive roaming.
Following its Classic SIM, the company developed Smart SIM to give customers more options for staying connected. It works alongside an existing SIM, giving users access to supported apps across all four major UK networks and in more than 180 countries. It’s designed to make everyday tasks, like finding your way home or messaging, less dependent on one network’s coverage.
Where to invest: Crowdcube
4. Travel FX
How much are they raising: £513,599
Website: www.travelfx.co.uk
SEIS/EIS? N/A
About: Travel FX is an online currency exchange platform helping customers organise travel money, sell unused currency and make international transfers.
Sorting out foreign currency is one of those holiday tasks that easily slips down the to-do list until departure day. Travel FX lets customers order their cash online for delivery, removing a trip to the exchange counter from the preparations. When they return, its buy-back service gives them a way to exchange leftover notes instead of leaving them to sit in a drawer.
Where to invest: Crowdcube
5. Myfood
How much are they raising: €82,810
Website: www.myfood.eu
SEIS/EIS? N/A
About: Myfood wants to make growing food at home more accessible, with greenhouses that combine aquaponics and permaculture to help households produce fresh fruit and vegetables in limited space.
The appeal of picking your own dinner is there for some people, but finding the space and knowing where to start can be off-putting. Myfood brings vertical growing towers and planting beds into a greenhouse designed to support harvests throughout the year. Its aquaponic system uses nutrients from fish waste to feed plants, which in turn help to filter the water.
Where to invest: Crowdcube
6. stampfree.ai
How much are they raising: £93,902
Website: www.stampfree.ai
SEIS/EIS? Yes, EIS
About: stampfree.ai uses patented AI technology that removes the need for printed labels and lets customers arrange shipping through WhatsApp and Messenger.
Getting a parcel ready to send can involve more admin than expected, especially when the last step is to print a label and there’s no printer at home. stampfree.ai replaces that step with a unique code that customers write directly onto their parcel. Alongside this, people can organise deliveries and returns through apps they already use.
Where to invest: Crowdcube
7. Aerth
How much are they raising: €64,613
Website: www.aerth.eu
SEIS/EIS? N/A
About: Aerth is a Paris-based premium sportswear brand creating running and training apparel with a focus on performance and refined design.
Choosing clothes for a run or a workout is partly practical, but personal taste still matters. Aerth is building its collections around people who care about the fit and appearance of their kit as much as how it performs. Launched in 2020, it brings together its founders’ experience at Reebok, Amazon and Levi’s.
Where to invest: Crowdcube
8. 0rCA® (formerly Fishy Filaments)
How much are they raising: £52,668
Website: www.0rca.co.uk
SEIS/EIS? Yes, EIS
About: 0rCA is working to make marine plastic recycling more accessible to communities around the world, turning used fishing nets into raw materials for manufacturing.
Collecting unwanted plastic is only part of the job and communities need a way to process it and buyers who can put the recycled material to use. 0rCA addresses both through its range of raw materials and a recycling plant housed inside a shipping container, designed to bring processing closer to where nets are discarded.
Where to invest: Crowdcube
