latest – Page 24
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News
Juicy Jerk launches accelerator fund to support black-owned food businesses
The accelerator will offer cash grants up to £1k as well as mentoring, support and masterclasses
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DTC detergent startup Smol secures £8m in funding
Smol will use the funding to expand its services to more households after reporting tripled interest in its products since the start of the coronavirus crisis
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Pip & Nut secures seven-figure funding package to ramp up expansion plans
Pip & Nut has been growing strongly during the coronavirus pandemic, closing its best quarter ever due to a “huge surge” in sales in March
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City snapshot: Healthy snacking brand Boundless nets £1m funding boost
The funding came from angel investors and high net-worth individuals to boost its expansion into Europe and the Middle East.
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Mighty Pea secures £1m funding in UK government Future Fund scheme
The company was one of a handful of brands to receive cash under the Future Fund, with only about 10% of applications having been accepted so far
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Warburtons partners with Mission Ventures to support next generation of baking businesses
Batch Ventures combines equity funding and hands-on support from entrepreneurs and industry professionals to help the selected cohort of businesses grow and succeed
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Plant-based meat startup This readies £2m crowdfunding push
The startup will use the funds to open a plant-based innovation centre in London
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Good Club hits £600k crowdfunding target to roll out closed-loop packaging system
The business will use the funds for a quicker rollout of its closed-loop system, after having successfully held trials last year across 30 SKUs
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Analysis & Features
The food and drink funding challenge: how suppliers are raising cash and doing deals in the pandemic
Whether to survive, or to continue with existing plans, many suppliers have needed funding in the crisis. With investors spooked, how have they fared?
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Callaly smashes first crowdfunding campaign to drive international expansion
During the coronavirus pandemic Callaly has reported ‘positive growth’, with new UK subscribers rising over 160% between March and May
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City snapshot: Young’s taps investors for £88m ahead of pub reopenings
Pub group Young’s has raised over £88m from its investors via a share placing to boost its balance sheet ahead of the reopening of its pub estate and “pursue opportunistic acquisitions”. Plus trading updates from Science in Sport, Gusbourne and all the rest of the latest news from the City.
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Slim Wine turns to the crowd to fund growth push
The business launched a crowdfunding campaign on Seedrs earlier this month, looking to raise £200k in exchange of a 3.2% stake
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Fine foods wholesaler Hider Foods secures £5m funding
The company will use the money to pursue its ambitious growth plans
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Babyfood startup Mia & Ben raises multimillion-pound investment
The London and Berlin-based business raised £2.5m from impact food investor Blue Horizon Ventures
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Buymie targets 15 cities as it secures €5.8m funding
The latest funding round takes Buymie’s total capital raised this year to over €8m
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Performance nutrition brand ProFoods turns to the crowd for US launch
Performance nutrition business ProFoods Group has launched a crowdfunding campaign to oversee its expansion in the US market.
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Analysis & Features
Ocado’s £1bn fundraise announcement: What the analysts say
Here’s what the experts have had to say about Ocado’s fundraising plans
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News
Ocado launches £1bn funding drive to capitalise on online shopping boom
Ocado is seeking to raise more than £1bn to capitalise on the boom in online grocery shopping brought about by coronavirus.
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Mission Ventures takes on seven startups to tackle childhood obesity
Mission Ventures will help seven brands at different growth stages tackle childhood obesity through an accelerator programme providing support and funding
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West Berkshire Brewery smashes £750k crowdfunding target
The company raised over £765k from 555 investors, despite the coronavirus pandemic impact on the hospitality industry