We're crowdfunding on Crowdcube!
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Why invest?

Imagine never queuing again! Magnetto is challenging the traditional retail model by automating the checkout process (no more queues) and eliminating the need for physical checkouts.

Having built the MVP, Magnetto is now fundraising to develop new features, grow the team and acquire more customers.
Capital at risk

Why invest?

Imagine never queuing again! Magnetto is challenging the traditional retail model by automating the checkout process (no more queues) and eliminating the need for physical checkouts.

Having built the MVP, Magnetto is now fundraising to develop new features, grow the team and acquire more customers.
Capital at risk

The story so far

So much innovation in retail has been focused on online shopping, but retail stores are being left behind. Our founders decided to start Magnetto with the purpose of bringing innovation to traditional retail.

2 years of development, testing and piloting has been completed and our MVP is live. Commercial roll out has begun and we're developing fully automated stores for one customer with our hardware partner Modern Expo.

FAQ

Why are you crowdfunding?
We plan to engage our investment community and a large number of investors helps us achieve this. We plan to use the money raised to continue our growth by investing in product feature innovation, growing our team and geographical expansion.
What is equity crowdfunding?
Equity crowdfunding is the process whereby people (i.e. the 'crowd') invest in an early-stage unlisted company (a company that is not listed on a stock market) in exchange for shares in that company. A shareholder has partial ownership of a company and stands to profit on an Exit Event (i.e. IPO, merger or sale) should the company continue to perform well and increase in value. The opposite is also true, so if the company fails investors can lose some, or all, of their investment.
What is Crowdcube?
Crowdcube is a crowdfunding platform that enables start-ups and scale-ups to issue shares to and raise money from a wide range of everyday and experienced investors who want to share in the future of companies they believe in.
Does pre-registering commit me to investing?
Not at all. Pre-registering means you'll have the exclusive opportunity to invest first when we open privately, as once we've reached our maximum target we'll close the crowdfunding round.

If you have already registered interest, make sure you're signed up to Crowdcube before we go live!
When will the campaign go live?
We'll be going live with our crowdfunding campaign soon. Once you've pre-registered your interest, keep an eye on your inbox for the latest launch date information.
Who can invest?
Anyone over the age of 18 from anywhere in the world. However, due to local laws and regulations, individual investors located in the USA, Canada and Japan will not be able to invest in this crowdfunding. This crowdfunding is not directed at or addressed to retail investors in Belgium, France, Germany or The Netherlands as local laws and regulations restrict our ability to offer securities generally to the public in these countries without publishing a prospectus (or another information document) which is approved by the local regulator.
How much can I invest?
You can invest any amount you like from £10 up to £350k!
Is the investment EIS eligible?
Yes, contact us directly to see if any of our SEIS allocation is left.
What happens after I invest?
Once the pitch reaches its target and closes to further funding, the completion process starts. At that point, all investors will receive a copy of the Articles of Association via email and will be informed of the cooling off period. Once the cooling off period, which is generally no less than seven days, has expired, the payment collections process starts and then electronic share certificates are issued.

Call yourself our investor!

Magnetto is crowdfunding.
Invest in the future of retail and pre-register today.


Investments of this nature carry risks to your capital and should be part of a diversified portfolio. Please invest aware. This page has been approved as a financial promotion by Crowdcube Capital Ltd who is authorised and regulated by the Financial Conduct Authority (No 650205)
Name
Email address
Сountry
Interest level
Capital at risk
Capital at risk
Name
Email address
Сountry
Interest level
We're crowdfunding on Crowdcube!
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