latest – Page 19
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Virtue Drinks raises £1.1m to fuel further growth
Natural energy drink brand Virtue Drinks has closed a £1.1m funding round to support ongoing growth and expansion in the UK and overseas.
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Five Points Brewing smashes £350k crowdfunding target
London craft brewer Five Points Brewing has raised almost £700,000 in its latest crowdfunding round to help with ambitious plans to build a new showcase brewery and taproom.
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Trip wins $5m investment and joins Sainsbury’s Future Brands lineup
The funds will help the brand launch into the US market, make new hires and drive international growth
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City News: Analysts react positively to THG/Softbank tie-up
Softbank has provided THG with $730m as part of a $1bn capital raising.
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Nourished owner Remedy Health secures $11m funding for 2021 growth push
The series A funding round values the business, founded by Melissa Snover in 2019, at almost $72m
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City Snapshot: Lab grown meat backer Agronomics raises £62.5m in share placing
Cultivated meat group Agronomics has raised more than £60m as investors continued to place big bets on the alternative protein market.
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Cannabrew raises £200k from the crowd to win supermarket listings for CBD beer
Elliot Horner started the Lancaster-based business in 2019 after recognising the growing trend for CBD products
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Smol raises $34m to expand DTC detergent startup
Smol, founded by two former Unilever directors, has raised $34m (£24.1m) in a funding round
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Nutri-Genetix secures £50k on Dragons’ Den
The food tech brand, which claims to have developed the world’s first genetically personalised nutrition shake, secured the backing of Peter Jones and Touker Suleyman on the BBC One programme aired on 6 May 2021.
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Straight & Narrow seeks £100k from crowd ahead of ‘disruptive’ low & no launch
The brand is pushing for funding to launch a 13-strong range of non-alcoholic spirits
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Banquist secures £1.6m to grow its Michelin star recipe kit service
Launched in May 2020 during the height of the UK’s first coronavirus lockdown, Banquist generated £1m turnover in its first six months as consumer demand for recipe kits soared.
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Serious Pig smashes crowdfunding target as it eyes further growth
Premium snacks brand Serious Pig, which is backed by BrewDog’s James Watt, has smashed a £350,000 crowdfunding target to help accelerate growth, expand the product range and bolster its sustainability credentials.
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Lyre’s worth more than £100m as it raises extra funding for growth
The business plans to use the new funds to boost its presence overseas from 43 countries currently to 60 by the end of the year, as well as investing in its manufacturing capabilities in the UK, Europe and the US, and helping to prepare for the reopening of the global hospitality sector as restrictions ease.
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Co-op delivery partner Zoom 1hr to launch £500k crowdfunding raise
Zoom 1hr has delivered 60,000 orders on behalf of the Co-op since November
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The British Snack Co hits crowdfunding target as it prepares for lockdown easing
The company turned to the crowd to raise money to continue growing the sales channels, win new customers and prepare for the reopening of pubs, bars and cafes as lockdown eases.
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Justin King backs Snappy Shopper app with ‘significant’ investment
King is set to join the board as a non-exec when the fundraising is complete
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Beau’s secures £400k to bring vegan ice cream to wider audience
Plant-based ice cream start-up Beau’s has netted a £400k investment to open a manufacturing facility and launch a subscription service.
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Multivitamin startup Feel secures £4.5m investment to fuel growth
Founded by Boris Hodakel in late 2019, the business has grown rapidly in its first year, with active subscriptions for its range of all-natural multivitamins and omega 3 and immunity-boosting supplements exceeding 21,000.
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CBD platform Alphagreen raises £1m-plus before funding push goes public
E-commerce startup Alphagreen will kick off a public crowdfunding campaign next week
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East London Liquor Co in £750k crowd push as it looks to expand in supermarkets
The London-based distiller, which already has supermarket listings with Waitrose, Tesco and Co-op, aims to expand off-channel exposure for its range of spirits, ready-to-drink canned cocktails and hard seltzers.