Fundraising – Page 33
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NewsMr Lee’s raises over £1.6m from the crowd to support US launch
The cash raised will be used to advance Mr Lee’s operations funding an upcoming nationwide US launch, the expansion of its vending business and the rollout of its latest NPD
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NewsCashback app GreenJinn kicks off funding push to roll out online shop function
The coupons cashback startup is looking to raise £3m to expand its service, developing an integrated online shop function within the app
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NewsTonic Health closes six-figure funding round as coronavirus boosts sales
The business experienced “incredible growth” this year as consumers started to understand the importance of the immune system
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NewsHuel rival YFood secures multimillion investment to expand across Europe
The German-based business will use the funds to roll out its model, already profitable in Germany, Austria and Switzerland, across Europe
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Analysis & FeaturesGuide for SMEs: How to raise funding during the coronavirus crisis
So what options are there for small brands to successfully raise money? And what are the necessary steps to take?
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NewsCoronavirus: Gut health startup Bio&Me secures government loan
The brand secured funding a week within applying for it, despite widespread criticism of the scheme
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NewsCity snapshot: Industry welcomes potential new financial aid for startups
Food and drink industry experts have welcomed reports of a potential new equity-based rescue package for startups, but warned such a scheme was unlikely to be a silver bullet to solve the current funding crisis. Plus, ABF confirms eligibility to access funding under the Covid Corporate Financing Facility and all the rest of the latest news from the City.
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NewsGousto secures £33m fresh cash injection from investors including Joe Wicks
It brings the total sum raised by the brand since its inception to more than £130m.
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NewsGenius Brewing nets major cash injection from former Molson Coors boss
It would use the investment to support digital marketing during its current ‘short-term pivot’ to e-commerce
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NewsInvestors heed WH Smith’s emergency cash call
WH Smith was forced to go cap in hand to its shareholders this week to raise emergency cash amid dire warnings over the impact coronavirus was having on current trading.
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NewsGreggs raises £150m through coronavirus Bank of England finance scheme
Greggs has raised £150 through the government created Covid Corporate Financing Facility.
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NewsRejuvenation Water seeks crowdfunded cash after loan rejection
The healthy soft drinks startup has turned to the crowd to see the brand through the coronavirus outbreak after being denied access to a government-backed loan.
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NewsNix & Kix completes six figure fundraise despite coronavirus uncertainty
The adult soft drinks brand has closed a six-figure funding round despite the coronavirus pandemic wreaking havoc in the market and slowing investment activity
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NewsCraft soft drinks startup Gunna raises over £250k to survive coronavirus crisis
The cash will be used to ‘bridge’ the business to its next round and provide working capital to deal with the coronavirus pandemic
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NewsCity snapshot: Chancellor revamps coronavirus emergency loans programme
The Chancellor Rishi Sunak has announced a revamp of the government’s emergency loan measures to struggling SMEs by relaxing the criteria for eligible businesses and raising the limit on the size of companies that can apply. Plus, ABF leadership take pay cuts and all the rest of the latest news from the City.
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NewsStartups still reporting cash raises despite coronavirus
Nix & Kix, Big Drop Brewing and Different Dog are among recent success stories
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NewsCity Harvest seeks £50k extra funding amid surge in food donations
The food redistribution charity has launched a GoFundMe push to pay for significantly increased activity
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NewsMission Ventures seeks challenger brands to fight childhood obesity
has called for businesses to apply from 30 March for a cut of a £1.5m ’Good Food Fund’
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NewsEnergy drink startup Füd rejects Dragons’ Den cash in favour of crowdfunding raise
The company walked away from a £50k cash investment secured in the Den to raise double that amount on Seedrs
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NewsCoronavirus: EISA calls for tax relief threshold increase to boost investment in SMEs
The Enterprise Investment Scheme Association is urging the government to ramp up tax benefits for investors in SMEs