All Fundraising articles – Page 30
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News
Startup incubator scheme for black-owned food & drink brands Add Psalt launches
It is the brainchild of former Mars grocery sales director Sam Akinluyi and Lucy Smith, former Nescafé UK & Ireland head of innovation
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News
Warburtons invests in The Artful Baker as Batch Ventures gets off the ground
Warburtons has backed biscuit producer The Artful Baker in the maiden investment as part of its Batch Ventures bakery innovation fund.
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News
Giles Brook joins Bio & Me as lead investor
Brook joins Bio & Me as lead investor and advisor, with his six-figure backing to be used to raise brand awareness and help with new product launches.
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News
Virtual wine cellar Drop raises £300k
Virtual wine cellar start-up Drop has surpassed its £300k crowdfunding target as drinkers turn to home delivery in greater numbers during lockdown
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News
Concerns raised over Asda deal debt
The Issa brothers aim to fund the buyout of Asda using around £3.7bn of junk-rated debt
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News
Jack & Bry secures £1.3m investment as demand for plant-based meats soar
The start-up plans to use the cash to invest further in artificial intelligence technology to help it develop more jackfruit products and ingredients that closely mimic the texture of meat using a proprietary manufacturing process.
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News
Pots & Co lines up US expansion with General Mills cash
The investment arm of General Mills, 301 Inc, has invested an initial £5m into Pots & Co to help fund its US and range expansion
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City Snapshot: Pots & Co receives £15m boost from General Mills’ venture arm
Posh pudding brand Pots & Co is eyeing a scale-up of its US operations and expansion of its savoury ranges after receiving multimillion-pound backing from the venture capital arm of food giant General Mills.
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News
Square Root to launch £350k crowdfunding drive
It will offer up 7.2% of its equity, giving the business a pre-money valuation of £4.5m
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News
Hippeas closes $50m funding round
The money from The Craftory will be used to increase production capacity, boost distribution and continue with product innovation, as well as bolstering the business’ sustainability credentials.
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News
Virtue Drinks scores investment from Chris Smalling
It’s the sixth investment Smalling has made in the past year, with four in the food and drink space and a focus on sustainable and ethical brands, such as Allplants, This, Livia’s and plant-based dog food start-up The Pack.
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News
Hun beats £400k funding target as investors flock to canned wine brand
The business, which is backed by Waitrose CEO James Bailey, plans to overfund to £600,000 after raising more than £450,000 from 140 investors following the pitch going live on the Seedrs platform.
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News
Parsley Box secures £5m to ramp up DTC growth
Parsley Box is backed by VC firm Mobeus Equity Partners, which invested £4.6m in the business in 2019. The Edinburgh-headquartered business prepares ambient ready meals for the baby boomer demographic.
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Comment & Opinion
With an IPO in the offing, what will Deliveroo do next?
Analysts predict an expansion of its dark kitchens offering, and on-demand grocery, is on the cards
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News
Tribal Sports Nutrition secures £420k in crowdfunding campaign
Challenger nutrition brand Tribal Sports Nutrition has raised more £420k from the crowd to bring new products to market and raise brand awareness.
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News
Mission Ventures fund backs Jim Jams with £200k investment
Mission Ventures’ Good Food Fund has backed spreads start-up Jim Jams with a £200,000 investment to help scale the business.
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News
Northern 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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News
CleanCo 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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News
City 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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News
White 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