Fundraising – Page 36
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NewsBetter Nature raises £1.6m for mainstream push of tempeh range
Better Nature hit a £1.35m target on the Seedrs platform within three hours of a private launch
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NewsGorillas and Getir achieve ‘unicorn status’ following funding rounds
Both rapid delivery services have launched in London this year
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Comment & OpinionWhat does the CMA merger block mean for Seedrs and Crowdcube?
It’s hard to argue with the competition watchdog’s contention that a tie-up of the crowdfunding platforms would have lessened competition
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NewsLivekindly raises $535m in its first year as it aims to be biggest in plant-based
With the latest funding round, Livekindly said it had become one of the top three highest-funded and fastest-growing plant-based food companies in the world.
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NewsWarburtons backs Insane Grain in second Batch Ventures investment
Insane Grain will use the £250,000 Batch investment to scale growth, including supporting its first major supermarket listing into the Sainsbury’s Future Brands bay
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Analysis & FeaturesDeliveroo: is it really worth £8.8bn?
Can the business – which is still operating at a loss despite a major boost in home deliveries during the pandemic – be worth investing in post-Covid?
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NewsCity snapshot: Parsley Box valued at £84m ahead of London float
DTC ready meal maker Parsley Box has raised £17m in an IPO, valuing the business at £84m as it gets set to join the London exchange’s junior AIM market.
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NewsVeggie rice brand Fullgreen targets crowd cash after Covid sales uplift
The brand has launched a crowdfunding campaign on Seedrs, targeting £600k at a pre-money valuation of £2.2m
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NewsGunna hits £500k crowdfunding target
The business, which produces a range five low-sugar drinks, has so far raised almost £560,000 as the campaign continues to overfund
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NewsMunchFit launches £1m crowdfunding campaign for retail launch
MunchFit has already raised £800,000 from institutional investors and wealthy individuals, including Made in Chelsea star Spencer Matthews
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NewsDeal watchdog blocks Crowdcube and Seedrs merger over competition concerns
Following an in-depth phase 2 investigation, the Competition and Markets Authority (CMA) concluded in its provisional decision that the deal would reduce competition and innovation.
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NewsLab-grown meat startup Meatable raises $47m to scale up production
The Dutch company showcased its first pork product in 2020 and is currently focused on the further development of cultivated pork and beef
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Comment & OpinionIs online grocery really the ‘under-penetrated’ market Deliveroo says it is?
Deliveroo has this week published its pre-IPO prospectus, which outlines its ambition to be ‘the definitive online food company’
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NewsMoju boasts UK first as VC arm of Danone leads £2.5m investment
It is the first investment in a UK-based business for Danone Manifesto Ventures, which launched in 2016 and backs innovative food and food-tech companies.
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NewsCity Snapshot: Deliveroo valued at up to £8.8bn in upcoming float
Deliveroo could be worth almost £9bn in its upcoming IPO after the food delivery service set its share price range higher than had been previously expected.
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NewsMission secures £1.6m investment to brew up expansion plan for energy tea brand
The funding round was led by former and current executives at BrewDog, Cadbury, HelloFresh, Allplants, Graze, KP Snacks and Tails.com, alongside England cricketers Michael Vaughan and Heather Knight.
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NewsBurleighs Gin raises £250k to support new product launches
The Leicestershire brand, which produces a core range of four London dry gins, secured the investment from the Midlands Engine Investment Fund
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NewsJiffy bags £2.6m funding to launch online supermarket
The company’s first dark store will open in London this month offering a total range of 2,000 SKUs
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NewsCity snapshot: SSP Group launches £475m rights issue as it readies for slow Covid recovery
Upper Crust owner SSP Group is planning to raise £475m from shareholders in a rights issue to strengthen the balance sheet and prepare for a recovery from the coronavirus pandemic as lockdown restrictions begin to lift. Plus, Dutch dairy company FrieslandCampina agrees jv with Egyptian cheese maker to focus on the exports to Africa and the Middle East. And Science in Sport reports full-year results.
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NewsFarmer Connect raises $9m to meet surging supply chain demand
The investment would be used to capitalise on demand for sustainable, inclusive and efficient agriculture supply chains