Vertical Future

United Kingdom / London  

CategoryHealth
S/EIS Status EIS Pending
Investment StageFormed and making revenue
Investment Required£500,000
Created AtMar 7, 2017, 1:27:49 PM
Approval statusApproved
Project stateOpen
Publication statusPublic (Visible to Project Team and Investors / Advisers searching the site)
Number of Views787
Company NameVertical Future Limited
Company registration number10379325
Contact emailjamie@verticalfuture.co.uk
Company registered address3 Creekside Deptford SE8 4SA
Contact personJamie Burrows
Contact telephone number+44782795469

Vertical Future is a London-based technology start-up focused on improving health in cities. We develop and implement technology-based initiatives to bring about health improvement.

We have two initiatives in the areas of Agriculture Technology (AgTech) and Clean Technology (CleanTech).

Our AgTech initiative is MiniCrops (www.minicrops.com), building a network of Vertical Farms across London using Controlled Environment Agriculture (CEA) technology. In addition to farming high quality produce for sale to customers across London, the initiative is positioned to educate customers on the importance of food sustainability and to provide jobs in areas of high social and economic deprivation across the capital.

Our first site is in Deptford and produces over 1 tonne of fresh, pesticide and herbicide-free every month. We sell this to high-end restaurants, households, retailers, and catering companies. We also distribute to customers via electric vehicle, meaning close to zero food miles. Compared to a traditional farm, most of our produce is farmed 90-97% faster, uses less water, and outputs up to 100 times more produce per square metre.

Our CleanTech initiative, which is still in the development phase, is an air pollution device for cities - designed to significantly reduce the amount of Nitrogen Dioxide and other harmful gases in the air. Throughout Q1/18, we will be working with a team from London Business School's Executive MBA Programme to further advance this initiative, in addition to conducting parallel tests on the underlying technology.

Vertical Future is a limited company, 100% owned by its founders. In January 2018, we expect to raise between £250,000 and £350,000 from a group of HNW individuals and existing Board Members. In addition, we're looking for a further £150,000 to £250,000 to complete the funding round.


The project does not contain any documents

Document Checklist

Document Checklist

Step Document Timeline (days due post funded) Documents   Status
1 Business Plan -100

Template : InEn Business Plan Template

Outstanding
2 Business Pitch -90

Template : Business Pitch Template

Outstanding
3 Incorporate your company -60

Template : Incorporating a UK private limited company

Outstanding
4 Capitalisation Table -5

Template : Capitalization Table

Outstanding
5 Shareholder Agreement 0

Template : Share Purchase Agreement

Outstanding
6 Share Options 90

Template : Share Purchase Agreement

Outstanding

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Project Activity

Jamie Burrows

Jamie Burrows posted a comment

  December 24, 2017 at 6:22:44 PM GMT


A Great End to Year 1

It's been just over a year since founding Vertical Future and what a year it has been. We're generating revenue and are close to break-even, have a number of key partnerships and a long-list of customers (both B2B and B2C), and continue to receive a significant amount of positive media attention.

In 2018, we will be launching several high-profile partnerships and cross-marketing campaigns for our AgTech initiative, MiniCrops. In parallel, we'll start working with a team from London Business School's Executive MBA Programme in order to further advance our CleanTech initiative.

From an investment standpoint, we have our first investors lined up and feel positive about hitting our R1 target.


Jamie Burrows

Jamie Burrows posted a comment

  May 31, 2017 at 9:53:02 AM GMT+1


Controlled Environment Agriculture

Technology at our first Vertical Farming site in London. Ready for growing!


Jamie Burrows

Jamie Burrows posted a comment

  May 31, 2017 at 9:52:14 AM GMT+1


Inaugural Board Meeting

The team following our Inaugural Board meeting in London, April 2017


Jamie Burrows

Jamie Burrows posted a comment

  March 7, 2017 at 1:52:25 PM GMT


Launch Video - Vertical Future

Please check out our launch video to gain an overall understanding of our company and what we are trying to achieve: