more fundraising news & analysis – Page 31
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NewsDiageo expands non-alcoholic portfolio with Rheinland Distillers investment
Diageo-owned drinks accelerator Distill Ventures has invested in award-winning German gin maker Rheinland Distillers
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NewsPlant-based meat producer This smashes through fundraising target to net £3.8m
Fast growing plant-based meat alternatives player This has raised almost £3.8m of new funding following the public launch of a convertible bond offer on crowdfunding platform Seedrs.
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NewsLivia’s smashes £1m fundraising target before going public
The treats brand secured funding from over 600 investors
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NewsApp-based supermarket Weezy launches with 15-minute delivery promise
The operation sources groceries from a handful of wholesalers as well independent bakers and butchers
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NewsCracker Drinks Co uses Future Fund to help surge past funding target
Craft soft drink business Cracker Drinks Co has smashed its £250k crowdfunding target within six hours of launching, thanks to help from the government’s coronavirus SME growth scheme.
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NewsInsect-based petfood maker Aardvark smashing fundraising target
A startup producer of insect protein petfood has smashed its launch fundraising target as it prepares to make its first products.
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NewsJuicy 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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NewsDTC 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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NewsPip & 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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NewsSquirrel Sisters snacking startup joins Emmanuel-Jones’ Hatchery scheme
The move will see Emmanuel-Jones take a 30% stake in the business and provide funding and mentorship
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NewsCity 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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NewsMighty 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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NewsWarburtons 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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NewsPlant-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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NewsSuffolk ice cream maker celebrates 100th anniversary after £250k coronavirus loan
Family-run ice cream maker Criterion Ices has been able to celebrate its 100th anniversary after securing a £250k loan to help it navigate the coronavirus disruption
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NewsGood 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 & FeaturesThe 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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NewsCallaly 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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NewsCity 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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NewsWooHa Brewing Company embarks on £1.5m rebrand following crowdfunding campaign
The Scottish craft brewery will add five new beers to its core range and aims to expand production by 17 times over the next three years