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BIOHM | Future of Home

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Multi-award-winning leader in nature inspired innovation, revolutionising the built environment

105%
 - 
Funded 28 Jul 2020
£750,001 target
£792,544 from 600 investors
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Business overview

Location London, United Kingdom
Social media
Website www.biohm.co.uk
Sectors Property Mixed Digital/Non-Digital Mixed B2B/B2C
Company number 10271534
Incorporation date 11 Jul 2016
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Investment summary

Type Equity
Valuation (pre-money) £9.8M
Equity offered 7.48%
Tax relief

EIS

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Business highlights

  • World's first community bio-manufacturer of Mycelium insulation
  • Commercialising bio-technologies that consume 'waste' and carbon
  • Developing groundbreaking innovations to end plastic pollution
  • Patented construction system for agile and regenerative buildings
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Key features

  • Secondary Market
  • Seedrs nominee min. £17.40 +
  • Pay by Bank payments not accepted
  • Idea
  • Team
  • Updates
  • Investors 600
  • Discussion
  • Documents

Idea

Introduction

Biohm is a multi-award-winning bio-technology company that is revolutionising construction through nature-inspired innovation. Placing biological systems at the heart of our inspiration (biomimicry), we harness the philosophies of the Circular Economy to create a step-change in building technologies, materials, and manufacturing methods.

We aim to create a healthy and regenerative built environment through our bio-based materials, circular construction system, Triagomy, and our range of consultation services to industry. By utilising readily available organic and synthetic by-products and ‘waste’ materials from industry we bio-manufacture low-cost, high-performing, and carbon-negative alternatives to unhealthy and environmentally damaging building materials.

We are now scaling our technologies to meet demand and fulfil major projects. However, we realise that we can't revolutionise an entire industry alone. Alongside our leading industrial, academic and public network, we need you!

Substantial accomplishments to date

Our carbon-negative bio-based materials include building insulation made out of mycelium (the root structure of mushrooms) and Orb (Organic Refuse biocompound), a 100% natural sheet material made out of food and agricultural surplus.

They are out-performing leading synthetic and carbon-heavy alternatives and will be combined to form our construction system, Triagomy (patent filed, published or granted in almost 60 countries).

Biohm continues to gather awards & recognition from government, industry and academia. In collaboration with the Onion Collective, we recently won the Waitrose and Partners Plan Plastic Prize: The Million Pound Challenge and a Power to Change grant - totalling almost £600,000 - to further develop our plastic-consuming mycelium strains and build what we believe to be the world’s first community-led bio-manufacturing facility.

Organisations and governments from across Europe, North Africa, the US, and South Asia have extended invitations and offered support for Biohm to set up our revolutionary facilities. We are a member of the internationally recognised Ellen MacArthur Foundation, part of the Unreasonable Group's 2020 cohort. Amongst other shortlists and awards, Biohm has been shortlisted as one of the UN's Young Champions of the Earth.

We have been profiled by internationally recognised print and television news companies that have championed both our passion for innovative materials and our socially, economically and environmentally restorative business model.

Monetisation strategy

Mycelium Insulation | Our first UK facility is scheduled to begin production in Q4 2020 - ramping up to produce up to 9,000 sqm of insulation p/m. With superior performance, price competitiveness and environmental/social impact, we expect our market share to steadily grow.

Orb | We have developed what we understand to be unique 100% natural, biodegradable and renewable binder, allowing us to make sheet materials out of food and agricultural waste that meet increasing demand for healthy and regenerative alternatives in construction.

Carbon Crediting Waste Management | As 'waste' is a primary input for our products we intend to offer waste management services supplementing production costs and offering genuine carbon credits.

Services | We offer a range of design, consultancy and material development services to support the industry's transition.

Construction Systems | As our materials develop over the next 2-3 years, we aim to launch our first of many nature-inspired constructon systems and lead property development projects.

Use of proceeds

Biohm is a thought-leader in the field of bio-technology and all of our product offerings are grounded in advanced research carried out by an inspirational leading team. At a time of climate crisis and economic change, we believe that investing in our most valuable assets will drive our growth and accelerate the delivery of our impact, globally.

Team Growth – 38%

It is critical to ensure that our rapid growth is adequately supported by an outstanding team. As a pioneer in ethical work environments, we believe that the true value of biohm lies in its people.

R&D Scale-up – 22%

As an IP-rich company that has boot-strapped its way into world leadership, we aim to scale-up our R&D capacity to meet demand for our services and continue to innovate.

Intellectual property (IP) – 22%

We plan to protect our ever-evolving IP ethicallly and equitably to maintain our market position.

Product Accreditation and Professional Services – 18%

An essential step to commercialisation.

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If you successfully purchase a share lot of this business, you will be granted access.

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Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited ("Seedrs"), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Seedrs platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Seedrs does not make investment recommendations to you. No communications from Seedrs, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Seedrs does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £9,804,987

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

Pitch type

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Equity Offered

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When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

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Custodian

If you invest in this Campaign, Seedrs will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Seedrs will not benefit from any rights under a shareholder agreement. As a result, Seedrs will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

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Secondary market

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Direct investment

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Payment options

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Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Seedrs. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

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Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

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