We're raising £300,000

Having launched a successful pilot at the start of 2019, we aim to use our knowledge to develop and grow our network of power banks to 500 locations. With 94% of adults in the UK owning a mobile phone and 234,000 potential charging locations, we see opportunities for aggressive expansion.

With various other phone charging businesses succeeding in today’s market, we needed to find a new product which has market leading features. With the help of our supplier we were able to get a product that not only supersedes all market competitors but also brings a key revenue driver other than rentals.

FAQ'S

Most frequent questions and answers

A national network of drop & go power banks across high footfall venues including pubs, bars, restaurants, hotels and transport hubs

London and all other densely populated UK cities and towns

UK addressable market of £164m out of a total market size of £16.4bn

. Power bank rentals

. Advertising

. Power bank sales via retail and online

Amount: £300K seed round

Use of proceeds: To fund 500 Hubs and 20 Kiosks ordered from China

Equity Offered: 20% equity in Charger Ltd

Exit Strategy: 4-5 Years via trade sale or IPO

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£300,000

for

20%

EQUITY

Our platform

CROWDCUBE

Crowdcube is the world’s largest equity crowdfunding platform. They enable the next generation of businesses, who love pushing at the edges and want to challenge the status quo with big ideas and new thinking, to raise finance. For investors, they provide the opportunity to back businesses that they can believe in, those that have a purpose beyond the next customer or sale.

Since Crowdcube was founded in 2011, they have helped almost 900 companies successfully raise funds, with a total of £690 million having been invested on the platform to date by a crowd of over 750,000 registered Crowdcube investors.

Businesses that have raised with Crowdcube include Monzo, BrewDog, Pod Point, Freetrade. Pip & Nut, Mindful Chef, Mr & Mrs Smith and Grind.

'RISK WARNING'

The content of this page has not been approved by an authorised person with the meaning of the UK Financial Services and Markets Act 200 (FSMA). Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested.

THe Company

We are #ChargingLives!
20-22 Wenlock Road, London.

Copyright © Charger LTD.

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