Fundraising – Page 28
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NewsNorthern Bloc wins £1.5m PE cash injection to ramp up vegan range
The brand says it has “ambitious” expansion plans for its vegan offering
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NewsCleanCo raises glass to £7m investment as nolo category booms
It takes the total investment secured by the company founded by Made in Chelsea star Spencer Matthews to £9.1m since it launched in 2019.
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NewsCity snapshot: Deliveroo valuation surges to $7bn as it eyes IPO
Food delivery service Deliveroo has raised more than $180m (£133m) from its existing backers as it prepares for a potential stock market flotation.
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NewsWhite Rabbit targets £300k from crowd to back range increase
The crowdfunding push, which follows a surge in demand during Veganuary, is set to go live on the Seedrs platform on 20 January
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NewsFast grocery delivery app Weezy plots expansion after $20m fundraise
UK-based fast grocery delivery app Weezy is planning to roll out its services across London and further afield after raising $20m (£14.7m) in growth funds.
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NewsRecord year for food and drink on Seedrs
During the year, 58 food and drink campaigns hit their Seedrs funding targets, a 29% increase on 2019, raising £45m, which represented a 121% rise on the prior period.
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Analysis & Features10 challenger brands that smashed their crowdfunding targets this year
The coronavirus pandemic left many strapped for cash, but these small, punchy grocery brands still managed to raise millions to fund ambitious expansion and innovation
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NewsHalo Coffee targets crowd funds of £300k as demand rockets
Eco coffee pod brand Halo Coffee has turned to the crowd to seek £300,000 following an explosion in demand for in-home brews
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NewsChallenger brand data startup Elm secures seed funding
The company will use the funding to build out its engineering team and further develop its product
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NewsCooplands looks to growth after £7.7m BGF investment
Northern bakery chain Cooplands has secured a further £7.7m investment from the Business Growth Fund.
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NewsReady meal startups Equals Health and By Ruby seal successful crowdfunding campaigns
Access denied introTwo healthy ready meal startups are turning to the crowd for funding to capitalise on booming demand for online convenience food
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NewsCity snapshot: 2 Sisters owner Boparan raises £475m to bolster turnaround
2 Sisters owner Boparan has raised £475m of new corporate bonds to refinance existing debt and provide a platform to accelerate its turnaround plans. Plus all the rest of the latest news from the City.
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NewsZero-calorie startup Skinny Tonic smashes £1m crowdfund target in 24 hours
The massive overfund will allow the brand, which debuted this year after soft-launching in 2019, to triple production and embark on a massive expansion
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NewsBeer52 explores investment options as lockdown business booms
Craft beer club Beer52 is seeking to tap investors for millions of pounds in funding after lockdown restrictions fuelled soaring demand this year.
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NewsCity snapshot: Greencore raises £90m as coronavirus impact drives annual loss
Greencore has raised £90m in a share placement as the impact of the coronavirus outbreak led to a double-digit drop in annual sales and a pre-tax loss of more than £10m. Plus, on the busy morning, trading updates from Cranswick, Compass Group, Pets at Home and all the rest of the latest news from the City.
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NewsPremium dog food brand Edgard & Cooper secures £16.5m to back European growth
The Belgian brand has received backing from international investors The Craftory and DLF Venture
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NewsHofmeister secures £350k from private investors to push expansion
The iconic brand was resurrected in 2016 after 13 years off the market
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NewsMPowder secures £500k seed funding from Reckitt Benckiser and backers
Ecommerce start-up MPowder, which produces nutritional powders for women going through the menopause, has closed a £500,000 funding round, with investors including Reckitt Benckiser.
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NewsCMA fast-track Crowdcube merger with Seedrs straight to in-depth phase 2 investigation
The UK’s competition watchdog has kicked off an in-depth investigation into the merger of crowdfunding platforms Crowdcube and Seedrs after finding causes for concern.
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NewsGousto achieves UK unicorn status with $1bn valuation
The recipe box provider has raised £25m of new equity from existing investors