• Target

    £1,000,000

  • Type

    Other

  • Close Date

    TBC

  • Status

    Preview

RISK WARNING: Your capital is at risk. The risks of investing include: illiquidity; lack of dividends; loss of investment; and dilution. You should invest only as part of a diversified portfolio.
Please read FULL risk warning

Steam-e

Cordless Steam Cleaning Technology. Delivering highly effective FM solutions and immediate productivity gains. Fast. Reliable. Powerful. Efficient.

CAUTION: This project has not been approved as a financial promotion. No investment decisions about the project should be made on the basis of information provided on this platform.

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Overview

Steam-e’s patented technology provides commercial cleaners with steam cleaning equipment that is ready to use in an instant, works at a constant pressure and temperature and is cordless. Steam is the best way to clean: No need for harsh chemicals. Cleaning at a temperature which practically all known organisms are destroyed. Surfaces are totally sanitised. Despite the benefits, many operators don’t clean with steam due to the drawbacks of traditional steam machines: The 15 minute wait for the boiler to come to temperature. The unreliability of machines as they become used. With the cost of labour representing upwards of 90% of most cleaning contracts, the productivity gains from using Steam-e's equipment are significant and rapid. Two products launched already and others planned for future years. UK designed and manufactured, our tech is already selling to 9 countries including UK, US, Australia, Europe and Middle East. Own label, OEM, and licencing revenue options.

Deal Manager avatar

Deal Manager
Christopher Hill

  • Sector: Manufacturing and Distribution
  • Region: UK: South-West
  • Stage: Early Stage - some revenues, pre-profit
  • Eligible Tax: EIS
  • Min Investment:
  • Originator: SETsquared Partnership
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Originator


Originator: SETsquared Partnership

Investment Focus: Equity

About: The SETsquared Partnership is the enterprise collaboration between the universities of Bath, Bristol, Exeter, Southampton and Surrey.

Contact Name: Jake Ronay

  • Registered Investors
    100 - 250
  • Investment through platform
    Up to £1m