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101%
Raised
£507,705
Investors
315
Target
£500,000
Equity
0.99%
Pre-money valuation
£50,886,804

addvantage delivers irresistible fuel-efficiency gains for large diesel engines and significant reductions in emissions. Globally patented, addvantage retrofits easily to any of the 4 million diesel trucks in the US. The experienced team has a record of starting, growing and selling businesses.

  • Reduces fuel consumption by up to 17.6%
  • Reduces NOx emissions by up to 83%
  • Over 4 Million heavy duty trucks in US alone
  • Experienced management team

Idea

addvantage addresses the two key challenges for the trucking industry - low margins and the need to reduce emissions.
addvantage addresses the two key challenges for the trucking industry - low margins and the need to reduce emissions.
addvantage could be retrofitted to 4m US class 8 diesel trucks - a huge opportunity. Just 5% penetration would be worth $480M in annual sales.
addvantage could be retrofitted to 4m US class 8 diesel trucks - a huge opportunity. Just 5% penetration would be worth $480M in annual sales.
With diesel making up 40% of a trucking fleet’s costs, the addvantage fuel savings drive a huge uplift in margins that cannot be ignored.
With diesel making up 40% of a trucking fleet’s costs, the addvantage fuel savings drive a huge uplift in margins that cannot be ignored.
Independent testing by Emissions Analytics have confirmed addvantage delivers up to 17.6% fuel efficiency improvement.
Independent testing by Emissions Analytics have confirmed addvantage delivers up to 17.6% fuel efficiency improvement.
The tests also demonstrated NOx emissions reductions of up to 83% - a huge step towards meeting stringent emissions targets.
The tests also demonstrated NOx emissions reductions of up to 83% - a huge step towards meeting stringent emissions targets.
The economics are compelling. Fitting a fleet of 500 trucks with addvantage will deliver a savings (net of all costs) of around $1.7m every year.
The economics are compelling. Fitting a fleet of 500 trucks with addvantage will deliver a savings (net of all costs) of around $1.7m every year.
Daniel Mitchell, addvantage CEO, has assembled a world-class team with multiple startups and successful exits under their belts. The team brings business, finance and transportation industry expertise.
Daniel Mitchell, addvantage CEO, has assembled a world-class team with multiple startups and successful exits under their belts. The team brings business, finance and transportation industry expertise.
addvantage is an exciting opportunity for investors looking for a tax efficient, high growth opportunity with green credentials.
addvantage is an exciting opportunity for investors looking for a tax efficient, high growth opportunity with green credentials.

addvantage uses patented, fuel-saving technology that retrofits easily to heavy-duty trucks, substantially improving fuel economy and reducing harmful emissions.

Already selling successfully in the UK, addvantage is now launching in the US with an exclusive 20-year licence. The licence includes performance clause, annual fee and royalty payments.

The US economy is dependent on heavy-duty trucks to move products across the country. Only diesel trucks have the power and range to be viable in this critical space, yet diesel remains public enemy number one due to its toxic emissions.

addvantage uses powertrain telemetry and proprietary software to inject precisely calibrated levels of LPG into the engine as a catalyst to create more efficient combustion. With ever tighter margins and diesel representing around 40% of a fleet’s overall costs, this proven, patented technology provides compelling economic and environmental arguments for US fleets. There are 4M heavy-duty trucks operating in the US alone.

Independent testing by world-renowned experts Emissions Analytics verifies the fuel-efficiency savings and emissions reductions.

UK customers are planning to install addvantage across their fleets following successful trials. MJD Group have reported an average 15% improvement in MPG, while Wells Farm Dairies saw a 20% reduction in fuel consumption and CO2 emissions.

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addvantage clean technologies has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.