Join to invest

Already registered? Log in

217%
Raised
£651,770
Investors
799
Target
£300,000
Equity
15.70%
Pre-money valuation
£3,500,000

Started in 2018, Flexi-Hex provide a patented design allowing for a plastic-free solution to the $756 billion protective packaging industry. The award-winning product is already distributed in 19 countries with 158% YoY growth in sales. Backed by Sky Ocean Ventures.

  • Patented design granted to provide a plastic free packaging solution
  • Lead investment by Sky Ocean Ventures and an Innovate UK grant
  • Aiming to disrupt the $756 billion protective packaging industry
  • 154,000 sleeves sold across 19 countries with YoY growth of 158%

Idea

Flexi-Hex is an innovative, sustainable, paper-based, protective packaging material designed to replace single-use plastic packaging for various products across many industries. Flexi-Hex is made from recycled paper pulp and is curbside recyclable and biodegradable. The global protective packaging market Flexi-Hex is operating in is worth $756bn annually.

We first launched as a solution for the board sports niche, then the drinks market, but the potential applications for the product are far-reaching. Since first trading in 2018, we have initially experienced rapid growth; Flexi-Hex is currently distributed in 19 countries and, to date, 154,000 units have been sold (removing the equivalent of 389km of bubble wrap, equivalent from London to Paris!). Sales growth of 158% to £216,245 YE 2019 (Loss £116,281). Scalable operations are in place for production to meet demand.

Flexi-Hex has secured lead investment from Sky Ocean Ventures and a grant from Innovate UK. We have won industry awards, including The Surfers Against Sewage Plastic Re-Innovation Award 2019 and The Eco Pack Challenge.

Flexi-Hex's growth plan includes extending our product offering beyond boardsports and drinks into new markets: Automotive, Cosmetic, Electronic, Pharmaceutical, Homeware, broadening our distribution network and initiating global licensing agreements making use of pending International Patents.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

To see the rest of the Flexi Hex pitch, join now. It's free, quick and easy.

Due to financial regulations, you need to join our community to view the full investment opportunity.

Join

Already registered?
Log in

Risk warning

Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning.

Crowdcube is authorised and regulated by the Financial Conduct Authority (FCA) and the Comisión Nacional del Mercado de Valores (CNMV). This page has been approved by Crowdcube. Pitches for investment are not offers to the public and investments can only be made by members of crowdcube.com on the basis of information provided in the pitches by the companies concerned. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Flexi Hex 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.