The product is a low-cost add-on device that monitors mechanical issues and through which motorists can receive a wide range of information and motoring services directly from their phone. The positioning of the brand is luxury technology at an affordable price. Its primary route to market in the UK is via D2C channels and will use re-seller partnerships for international expansion. The business is now looking to raise £350,000 with EIS/SEIS Assurance in place, to be spent on building the team, marketing and product development.
Raise: £350,000 [EIS/SEIS]
Latest News
-
Celebrating Female Founders: Speed Pitch Event Round-Up
We’re Celebrating Female Founders throughout March and yesterday hosted a Speed Pitch Event featuring 6 of our Female Founder clients presenting their growing businesses and investment opportunities. Thanks also to Ira Guha for joining us for a Q&A, giving insights into scaling up and successfully fundraising as a founder of her business, Asan Cup. Here’s …
Continue reading “Celebrating Female Founders: Speed Pitch Event Round-Up”
-
February Update – Female Founder Focus As Funding Gap Worsens
Welcome to our February Update! As we approach International Women’s Day next month, it’s disappointing to see statistics showing the funding gap for female founders has actually worsened. At PACP, we’re proud of our extensive portfolio of female founder clients and our shared successes with scaling up and fundraising. We’re also delighted to theme 2 …
Continue reading “February Update – Female Founder Focus As Funding Gap Worsens”
-
Retail in 2025: Recent Highlights, Key Trends and Longer Term Influences
Insights from Greg Tufnell: Consumer Partner & Managing Director of Prime Advantage Capital Partners Black Friday and Cyber Monday (BFCM) in 2024 were the biggest to date, with Klaviyo reporting that over 15,000 brands experienced their best sales day. This peak sales period significantly impacts on a retailer’s year. It’s therefore essential to assess and …
Continue reading “Retail in 2025: Recent Highlights, Key Trends and Longer Term Influences”