Fundraising – Page 34
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Gousto 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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Genius 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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Investors 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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Greggs 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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Rejuvenation 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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Nix & 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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Craft 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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City 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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Startups still reporting cash raises despite coronavirus
Nix & Kix, Big Drop Brewing and Different Dog are among recent success stories
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City 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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Mission 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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Energy 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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Coronavirus: 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
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Skinny Tonic closes £1.8m crowdfunding campaign
The brand has agreed two “major” listings, which have been delayed due to Covid-19
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Blockhead raises over £800k to fund NPD and retail expansion
The startup was able to close the funding round despite investor uncertainty due to the coronavirus outbreak
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Coronavirus: Crowdfunding platform Seedrs insists investor interest will remain strong
Seedrs reassured its community it was operating “business as usual” and will continue to support companies looking to raise investment
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Dr Will’s seeks £300k investment to fund condiments NPD
The natural condiments startup is looking for angel investors to back the brand’s growth
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Fitbakes in fundraising push to accelerate growth
The startup has launched a £200k funding drive after securing listings in the mults
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Different Dog raises over £770k in 24 hours amid wider funding plans
The premium petfood brand is now planning a wider Series A round to raise up to £4m by the end of the year
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Femcare startup Flo secures seven-figure investment to expand product range
The femcare challenger brand will use the cash raised to expand its product offering into sensitive bladder support and sexual wellness