more fundraising news & analysis – Page 30
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MPowder secures £500k seed funding from Reckitt Benckiser and backers
Ecommerce start-up MPowder, which produces nutritional powders for women going through the menopause, has closed a £500,000 funding round, with investors including Reckitt Benckiser.
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CMA fast-track Crowdcube merger with Seedrs straight to in-depth phase 2 investigation
The UK’s competition watchdog has kicked off an in-depth investigation into the merger of crowdfunding platforms Crowdcube and Seedrs after finding causes for concern.
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Gousto achieves UK unicorn status with $1bn valuation
The recipe box provider has raised £25m of new equity from existing investors
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Lockdown Liquor raises £300k in first funding round to drive growth
Alcoholic drinks startup Lockdown Liquor & Co, which launched during the first peak of the coronavirus pandemic, has raised more than £300,000 in its first ever funding round
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Low-alcohol brewery Small Beer smashes crowdfund campaign
Investors have rushed to pledge support to low-abv brewery Small Beer, which hit its £400,000 crowdfunding target in just two days this week
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Consumer insight specialist Streetbees raises $40m to boost ‘human AI’ capabilities
Consumer insight firm Streetbees has today closed a US$40m funding round to accelerate the development of its ‘human intelligence platform’.
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Agronomics raises £10m to fund lab-grown meat companies
Lab-grown meat investor Agronomics has raised £10m from a share placing to continue to fund companies in the alternative protein market.
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Kale United seeks £2m funding to launch plant-based expansion drive
Plant-based network Kale United has launched its fourth funding round to raise a further €2.2m (£2m) by Christmas to drive further expansion.
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Livekindly Co raises $135m to accelerate expansion of plant-based brands portfolio
Plant-based brand collective The Livekindly Co has raised $135m (£104m) to accelerate its mission to transform the global “unsustainable meat-centric food system”, including developing chicken and egg alternatives.
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Yumello raises £100k growth funding from its online community
Fast-growing nut butter startup Yumello has raised £100,000 directly from its online customers in just two weeks to help fuel expansion.
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Insect protein startup raises $372m to fund world’s largest insect farm
The new capital will fund completion of an insect farm in Amiens, France in early 2022
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Nutri-Genetix seeks £150k from the crowd to expand DNA nutrition brand
Nutri-Genetix, which claims to have developed the world’s first genetically personalised nutrition shake, has launched a crowdfunding pitch to raise £150,000.
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City snapshot: Premier Foods redeems £40m of bonds amid ‘strong’ trading
Premier Foods has bought back £40m of corporate bond notes due to continued strong trading momentum in the first half of its financial year. Plus, Glanbia annonces new chairman and all the rest of the latest news from the City.
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Crowdcube and Seedrs to merge in crowdfunding consolidation
Crowdfunding platforms Crowdcube and Seedrs have agreed a merger, creating one of the world’s largest private equity marketplaces
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@Pizza raises £1m to launch restaurants and drive-thrus
The business will use the funding to fit out shipping containers to replicate its two bricks & mortar restaurants in Birmingham and Edinburgh
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Vevolution to set up investment platform for plant-based startups
An investment platform bringing together plant-based entrepreneurs and angel investors will launch next month, with a £100k investment prize for startups in the space.
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Something & Nothing smashes crowdfunding target as it plans alcoholic seltzer launch
Seltzer brand Something & Nothing has raised more than £500,000 to launch a premium alcoholic drinks range and accelerate its direct-to-consumer offering.
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Rejuvenation Water turns to crowd to fund coffee machine 'health pods' launch
Plant-based drinks brand Rejuvenation Water is seeking funding to launch a range of compostable ‘health pods’ for Nespresso-compatible coffee machines
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Meatless Farm Co raises $31m for global expansion
The plant-based brand has raised $31m (£24m) in a new funding round to support global growth plans
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Non-alcoholic spirits brand Lyre’s raises £9m in growth funds
The brand is available in more than 30 markets worldwide and is expanding into the RTD category in 2021