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Successfully funded
Capital at risk
overfunded
Safe Solvents
144%
Raised
£1,158,520
Investors
365
Target
£800,000
Equity
24.87%
Pre-money valuation
£3,500,000

Safe Solvents is an environmental technology company working to revolutionise the industrial parts washing market with game-changing aqueous solvents and parts washing machines. They aim to deliver fast-growing recurring revenues in the UK initially, and a global market beyond.

  • Clear 5-year execution strategy, striving for an 8% UK market share
  • Business model delivers fast-growing, sticky, recurring revenues
  • Revolutionary aqueous parts washing solvent with Patent Pending
  • New product pipeline and broader global opportunity
Information Safe Solvents has raised £700k of this investment round prior to publicly launching their Crowdcube campaign. Of this, £132k has been spent since campaign launch and the company may draw down a further £250k during the course of the campaign.

Idea

For decades, parts washing has remained a dirty, toxic, sector of engineering, condemned to the back rooms of workshops, often using outdated, inefficient machines and mainly toxic hydrocarbon-based solvents. This can result in frustrated customers, with no viable alternative.

Safe Solvents was created to deliver a safer, greener, cleaner parts washing solution to the engineering industry. Its game-changing technology has also enabled a more efficient business model. The immediate focus is on the huge, established market opportunity in the UK, and beyond this, the broader global market.

Safe Solvents’ IP, for which patents are pending, includes revolutionary, aqueous solvents and a range of beautifully-designed parts cleaning machines.

Since launching in 2015 and prior to switching from a sales to a service model in January 2018, over 200 machines were sold, resulting in revenues of c.£750k (loss in FY'18 £134,234). Since the change from a sales to a service model, the company has signed 131 contracts with a target of 150 contracts by financial year-end (Feb' 19), and is currently striving to acquire a 8% share of the UK market over the next 5 years.

Safe Solvents also has an extensive product pipeline (with 4 new products already in development) and will soon begin to look at expanding into other major industrial economies.

THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE AS IDENTIFIED ABOVE (THE "COMPANY") IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO THESE TERMS AND CONDITIONS.  CROWDCUBE CAPITAL LTD IS AUTHORISED BY THE FCA AND CARRIES OUT DUE DILIGENCE ON EACH COMPANY THAT LISTS ON CROWDCUBE AS SET OUT HERE.
 
This investment opportunity is not an offer to the public and is only available to registered members of Crowdcube.com who have qualified and categorised themselves as able to invest.  The investment opportunity is not directed at persons located in the United States, Canada or Japan. Any person resident outside the United Kingdom who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan.  There will be no public offering of the Securities in the United States.
 
In order to access the pitch you must first become a qualifying member of Crowdcube on the basis of your status as either (i) self-certified ‘high net worth investor’, (ii) certified ‘sophisticated investor’, (iii) self-certified as a ‘sophisticated investor’ or (iv) certified as a ‘restricted investor’, in each case in accordance with the FCA’s Conduct of Business Sourcebook Chapter 4.7.  Potential investors are encouraged to "cross examine" the Company by interactive due diligence and use of the available online forums to bring the "wisdom of the crowd" to bear.  Accessing the pitch also means you agree to Crowdcube’s most recent website terms and conditions and investor terms and conditions, which include Crowdcube's limitation of liability.
 
If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.  Crowdcube’s or the Issuer’s press announcements and this information page do not constitute an offer to sell securities of the Company.  Further, it does not constitute a recommendation by the Company, Crowdcube or any other party to sell or buy securities in the Company.
 
By registering or logging into Crowdcube.com to view the investment opportunity, you certify that you are legally entitled to view the investment opportunities, are an authorised investor and you agree to all applicable terms and conditions on this website, including this disclaimer.

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Safe Solvents

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Successfully Invested
£689m+
Registered Investors
763k+