more fundraising news & analysis – Page 15
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Plant-based meal kit brand Grubby seeking £3m from the crowd
The startup said it had achieved 19% month-on-month revenue growth this year
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Tribe smashes new crowdfunding goal to supercharge growth
Plant-based energy bar challenger Tribe has returned to the crowd for a third time to help supercharge growth as demand for healthier snacking continues to rise.
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Snacks brand Made for Drink launches ‘beer-friendly’ biltong
The brand said its ‘ongoing ambition’ was to ‘provide our retailers with common sense trade up opportunities within the snacks category’
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Boundless Activated Snacking bags six-figure investment to grow gut health brand
Boundless Activated Snacking has secured a six-figure investment to maintain rapid growth at the gut health snacking brand.
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Cheeky Panda puts flotation plan on hold as IPO activity slows
Sustainable tissue challenger Cheeky Panda has put its ambitions for a blockbuster £300m flotation on hold amid economic turmoil and a dramatic global slowdown in IPO activity.
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Planted secures £61m to scale clean label meat-free brand
Swiss foodtech startup Planted has closed one of the biggest-ever funding rounds in the meat alternatives category to boost production capacity and expand its range.
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Puresport to tackle retail market after beating £1.3m crowdfunding goal
Professional rugby union player Grayson Hart founded Puresport in 2018 to offer drug-tested athletes a natural alternative to opioid-based painkillers.
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Scottish wholesalers invited to bid for hydrogen fuel cell truck funding
The SWA said that any project funding must be between £20m and £90m for electric, or between £30m and £140m for a hydrogen project
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Trip secures £10m for mainstream CBD push
CBD start-up Trip has secured a £10m investment to fuel its rapid growth and bring the brand to a mainstream customer base.
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Clean Kitchen Club raises £2m-plus for expansion and retail push
Plant-based fast food chain Clean Kitchen Club has raised more than £2m in a joint seed and crowdfunding round to expand the roll-out of its estate outside of London and push the brand into supermarkets.
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Iceland’s debt rating downgraded as it slips to annual loss
Iceland’s debt rating has been downgraded by Moody’s as newly filed accounts show the supermarket fell to a pre-tax loss last year
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EIT Food launches funding call to support innovation projects in agrifood
EIT Food will support food projects bringing innovative technology solutions to the market in response to specific challenges in the agrifood sector.
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City snapshot: Wynnstay taps investors for £10.6m to fund growth and M&A
Agricultural supplies group Wynnstay has raised £10.6m via the placing of new shares to fund future growth and acquisitions
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CCEP launches sustainability-linked supply chain financing programme
GB Coke bottler Coca-Cola Europacific Partners has launched a new finance programme to encourage suppliers to make their businesses more sustainable
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Pleesecakes hits crowdfunding target ahead of planned nationwide retail rollout
The round on Seedrs values the business launched by former painter-and-decorator Joe Moruzzi in 2017 at £6.2m.
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The Cookaway eyes major investment in growth
World cuisine recipe kit challenger The Cookaway has hired advisors to help secure a major strategic investor as it looks to rapidly scale the business.
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KatKin raises £18m for its fresh-cooked cat food concept
Founded by brother-and-sister team Brett and Nikki O’Farrell in 2019, the brand steam cooks 100% human-grade meat, with no fillers, grains or preservatives, which is then frozen before being sent out to customers.
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Mocktail brand Savyll secures £500k and lands Ocado listing
The London startup received the six-figure backing from angel investors
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Wype lines up seed funding round to scale wet wipe alternative brand
Sustainable personal care challenger Wype has secured pre-seed financing ahead of a bigger round later this year to help bring its wet-wipe-in-a-bottle innovation to supermarket shelves.
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Lab grown palm oil alternative step closer as Clean Food Group secures seed financing
It is hoped the lab-grown, cellular-based alternative could help reduce the detrimental environmental impact of palm oil production