Fundraising – Page 15
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NewsLab grown palm oil alternative step closer as Clean Food Group secures seed financing
It is hoped the lab-grown, cellular-based alternative could help reduce the detrimental environmental impact of palm oil production
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NewsOcado downgraded by Moody’s on ‘prolonged operating underperformance’
Ocado has had its debt ratings downgraded by ratings agency Moody’s on lower than expected profitability and pressures in its retail business
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NewsRevive Eco smashes crowdfunding target to scale up palm oil alternative
A biotech start-up creating palm oil alternatives from used coffee grounds for the food & drink and cosmetics industries has smashed its crowdfunding target, bringing in more than double its £150k goal.
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NewsSainsbury’s to launch £1m incubator programme for black entrepreneurs
Sainsbury’s will pick nine successful applicants to receive a welcome grant of £20,000 each
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Analysis & FeaturesWhy is crowdfunding still right for craft beer brands?
Despite retailers rationalising craft ranges, investors still enthuse
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NewsNaked Sprout exceeds crowdfunding target to reinvent sustainable tissue category
Eco tissue products challenger Naked Sprout has raised more than twice its targeted goal in a crowdfunding campaign as it seeks to shake up the category and take on sustainable rival Cheeky Panda.
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NewsLove Ocean returns to the crowd for further growth funding
The refillable toiletries brand is currently overfunding on Crowdcube
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NewsSpiceBox to push further in retail with backing from Veg Capital
The business started life as a street food stall in 2016 before opening two curry houses in north London and expanding into retail products during the pandemic in 2020.
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NewsVeg Capital team launches new £30m impact fund for plant-based start-ups
Sentient Ventures will focus on early growth-stage companies developing the best plant-and fermentation-based products, ingredients and technologies to replace animal products.
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NewsBowl Grabber secures six-figure funding to disrupt wine category
The start-up offers wine across multiple formats – bottles, cans and bag-in-box – and has grown sales to £500k in its first year, with retail listings at Ocado and Amazon.
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NewsRussian oligarch sanctions won’t affect Getir funding, company says
Vladimir Potanin was named by the Foreign Office last week as one of several Russians to be hit by sanctions in a bid to “hit Putin’s inner circle”
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NewsMy Expert Midwife plans expansion with VC backing
The brand’s portfolio of 19 specialist products is made using natural ingredients and designed to help women prepare and recover during pregnancy, birth and early parenthood.
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NewsAfrican Originals beats crowdfunding target as its launches craft ciders in UK
Drinks start-up African Originals, which launched in the UK this month, has beaten a £600k crowdfunding target to back the next stage of growth at the craft producer.
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Comment & OpinionClock is ticking for Ocado after another investor show of faith
Ocado has assured investors this will be the last time it seeks cash before turning profitable
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NewsHonestly Tasty to take vegan cheese mainstream with backing from Veg Capital
Honestly Tasty will put the funds to work to accelerate its NPD pipeline, which includes a cultured hard cheddar that melts like the real thing, alongside stilton, feta and Wensleydale alternatives.
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NewsOcado taps investors for £578m to boost global tech rollout
Ocado has raised £578m via a discounted share placement to boost the rollout of its technology amid the global shift to online grocery.
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NewsAgronomics takes 47% stake in biotch firm Liberation Labs
London-listed cellular agriculture group Agronomics is amongst the early-stage backers of biotch firm Liberation Labs
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NewsLittle Cooks kicks off £750k funding drive to back ‘HelloFresh for kids’ concept
The business, founded by Helen Burgess in 2017, will use the funds to grow beyond its monthly subscription boxes of home baking and cooking kits, which are designed to help children and parents engage with healthy eating.
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NewsThe Magic Bean Co to create 4,000 jobs under major expansion drive
Starbucks franchise group The Magic Bean Co has outlined ambitious expansion plans to open hundreds of new stores and create 4,000 jobs after securing a £10m bank support package.
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NewsBloody Drinks hits crowdfunding goal to support retail listings
The campaign on the Seedrs platform is currently overfunding and, at the time of publishing, has raised £265k from almost 200 backers.