more fundraising news & analysis – Page 29
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NewsNurture Brands close to landing £2.5m funds to push expansion
Plant-based group Nuture Brands is closing in on a £2.5m crowdfunding target to fuel international expansion across North America and Asian markets.
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NewsPersonalised nutrition brand Vitl raises £6.2m to power growth
New investors include Richard Pennycook, former CEO of the Co-operative Group
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NewsCheeky Panda seeks £3m from crowd ahead of IPO
The company, which makes toilet paper, kitchen roll, tissues and baby wipes from bamboo, will publicly launch its latest round on Seedrs on 14 February.
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NewsLewis Hamilton backs ultra-fast grocery app Zapp as part of $200m raise
The funding will be used to further improve the brand’s customer experience and technology
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NewsGriddle closes six-figure funding round to expand reach of new plant-based waffles
Griddle recently expanded its offering from pancakes to frozen plant-based waffles, which it claimed as a UK first.
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NewsWarburtons takes minority stake in non-HFSS cookie start-up Snackzilla
Warburtons has invested a six-figure sum in kids’ healthier snacking brand Snackzilla as part of its Batch Ventures bakery innovation fund
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NewsDash Water appoints David Milner as chairman to support its rapid growth in 2022
Seltzer brand Dash Water has closed a multimillion-pound investment round to maintain its rapid growth, with backing from industry veteran David Milner, who also joins the business as chairman.
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NewsFood delivery tech player Deliverect valued at $1.4bn after $150m funding round
Food delivery software firm Deliverect has raised $150m to value it at $1.4bn as it seeks to scale up its business across the globe.
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NewsJamaica Rum Vibes wins backing from AB InBev VC fund
It follows the business completing an accelerator programme at Add Psalt, which focuses on growing black-owned brands in UK grocery.
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NewsOmni raises £1.1m to accelerate growth of vegan dog food brand
Vet Guy Sandelowsky and former investment banker Shiv Sivakumar founded the business in 2020 in an attempt to make pet food more sustainable.
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NewsMamamade raises £1.5m in oversubscribed funding round
The pre-seed round was made up of an oversubscribed crowdfunding campaign on the Seedrs platform, with almost £830k raised from more than 300 investors, more than doubling its £400k target.
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NewsAsda, Ocado driverless partner Wayve secures $200m funding
The round is a significant cash injection for the London-based startup, which had previously raised $58m since it was founded in 2017
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NewsCook My Grub kicks off £1.5m funding drive to fuel ten-fold growth in customers
The food delivery marketplace is seeking to raise the cash through a combination of VC, high net-worth individuals and private and angel investors.
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NewsFruit lager Jubel seals £2.7m funding to back growth
Magners producer C&C Group, which already owns a minority stake in the brand, provided follow-on funding.
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NewsTonic Health smashes £200k crowd goal as it eyes growth in US
Tonic has so far raised £316k from almost 200 investors on the Seedrs platform and continues to overfund from its £200k target.
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NewsTiba Tempeh scores £500k seed funding to accelerate plant-based growth
Plant-based start-up Tiba Tempeh has closed a £500k seed funding round as it prepares to expand its distribution into the major supermarkets and overseas
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NewsInsect petfood maker Aardvark smashes £150k funding goal
The business, started in 2020, has so far raised £230k from more than 340 investors on the Crowdcube platform.
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NewsGousto secures $100m from SoftBank to boost capacity amid soaring demand
Gousto has raised a further $100m in its latest fundraising round, valuing the recipe kit firm at $1.7bn.
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Analysis & Features10 challenger brands that smashed their crowdfunding targets in 2021
From plant-based to meat snacks and CBD to canned wine, here are the start-ups that exceeded expectations during crowdfunding rounds in 2021
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NewsOnline grocer Farmdrop cancels Christmas deliveries as it falls into administration
Online grocer Farmdrop has ceased trading after failing to secure the funding needed for its survival, The Grocer has learned