Fundraising – Page 45
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NewsThornbridge Brewery plans £10m expansion investment
Thornbridge will finance its expansion primarily with traditional borrowing, although Webster did not rule out a potential sale to a larger entity
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NewsCity snapshot: English whisky producer plots London IPO
English single malt whisky distillery The Lakes Distillery has plans to list on the London Stock Exchange to raise up to £15m to fund further growth. Plus, World Cup and warm summer help boost Greene King’s Q1 like-for-likes by 2.8%, the UK high street suffers its worst month for three years and all the rest of the latest news from the City.
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NewsGusbourne raises £3.7m for capacity expansion
UK wine producer Gusbourne has raised a total of £3.7m through the issuance of new shares to invest in its existing vineyards and storage capacity.
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NewsNorthern Bloc ice cream seeks £400k cash injection
The ice cream maker intends to use the cash boost to invest in sales distribution, marketing and NPD
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NewsPurity brewing company gets £7.5m cash boost
The new funding will be used to support Purity’s plans “to expand across the UK, grow export sales, and to develop new products
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NewsFree-from brand Creative Nature reaches out for £350k cash boost
The vegan baking mix and snack bar maker has reached out to the crowd for £350k at an equity of 6%, valuing the growing business at around £5.5m
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NewsBeetroot ketchup brand The Foraging Fox raises £700k from angel investors
Funding from the investment round will go towards recruitment and production in order to fulfil increased listings and NPD
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NewsOn the Dot's supermarket delivery operation delayed
On the Dot was to begin making one-hour deliveries for an unnamed “major supermarket” from July but the service has yet to launch
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NewsTuk Tuk Chai ditches dragon’s investment for crowdfunding
The chilled drink manufacturer appeared on Dragon’s Den but confirmed after filming it decided to walk away from the deal in favour of a £150k cash injection from the crowd
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NewsSignature Flatbreads begin recruitment drive after £10m cash boost
Sales jumped 17% over the past year, the company said, with working capital and a recruitment drive needed to upscale production
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NewsCity snapshot: Tuk Tuk Chai ditches Dragons' Den for crowdfund cash
A chilled chai drink manufacturer which secured a £100k investment on Dragons’ Den has ditched the funding in favour of a crowdfunded cash injection, Vaping should be promoted as a less harmful alternative to smoking by the government, a committee of MPs has said today and the rest of the news from the City.
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NewsChewy Moon reaches out to crowd to fund retail expansion
Direct-to-consumer children’s snack company Chewy Moon has reached out to the crowd for a cash injection to fund a move into retail stores.
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NewsOppo secures funding to ease cash shortfall after growth
The fast-growing business secured the loan from private investors following 500% sales growth this summer
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NewsAston Manor Cider strikes deal with Florette owner Agrial
The cider maker embarked on a search for investment to fund future growth last year
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NewsAB InBev unveils fund for startups tackling sustainability
Successful applicants will be announced in September during the UN’s climate week
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NewsRemeo Gelato raises £500k from investors to grow listings
The supplier, which is currently listed in Waitrose and Ocado, said sales had increased three-fold this summer
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NewsFCA opens crowdfunding consultations after witnessing "poor practice"
The regulator says changes it has proposed are designed to address the ways that loan-based crowdfunding has developed and can be improved
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NewsLab-grown meat startup raises $8.8m for commercial launch
The cultured meat startup is looking to make its products commercially available by 2021
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NewsBritish brands make final of PepsiCo's Nutrition Greenhouse
Nibble Protein, Revolicious, and Rokit Pods, as well as seven other international brands, are now set to compete in the next stage of the programme
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NewsTrigo Vision gains $7m funding for checkout-free store system
The $7m in funding, from Hetz Ventures and Vertex Ventures, is to be used to grow the research and development team…