more fundraising news & analysis – Page 41
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Gousto to expand automation and AI as it secures further £30m cash injection
Meal kit delivery business Gousto has secured further £30m in funding to expand automation and grow its technology team.
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McCain backs $7m plant-based nuggets start-up fundraising
Nuggs, a new plant-based “chicken” nuggets start-up, has officially launched after raising $7m in funding, with potato giant McCain its primary backer.
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Jealous Sweets targets growth after shift to fmcg market and funding boost
Vegan gummy bear maker Jealous Sweets is targeting £4m turnover next year after securing working capital from Lloyds Bank helped to boost sales and international expansion.
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Bang Curry raises six-figure sum to drive team expansion and volume growth
The scratch-cooking curry mix maker will use the funds to expand its workforce and boost volume sales.
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Rosemary Water brand raises over £1m to support exports and product launches
The company is targeting expansion in intenational markets to branch away from the struggling UK high street.
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Bespoke supplements brand The Nue nets $9m investment to accelerate growth
The Nue plans to use the capital raised to grow its direct-to-consumer offering and expand product range.
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Freed Foods secures funding to support growth in gluten-free market
The London-based brand, trading as Mister Free’d, issued £1.5m worth of new shares last week
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Black Bee Honey smashes fundraising target as it targets big four listings
British raw honey producer Black Bee Honey has raised over £120k to underpin its growth ambitions, secure listings within the mainstream grocers and develop new product ranges.
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Cauli Rice maker Fullgreen in funding push for US expansion
Alternative rice producer Fullgreen has launched yet another fundraising round to underpin its push into the US and compete in the booming free-from sector.
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Zero-waste online supermarket Good Club raises £400k
Direct-to-consumer grocer Good Club has successfully raised £400k to underpin its ambition to become “the world’s first zero-waste online supermarket”.
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Black Sheep Coffee raises £13m to fund global expansion push
Independent coffee chain Black Sheep Coffee has raised £13m new funds from private investors to back its global expansion across Europe, Asia and the US.
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Biff's Kitchen raises 'six-figure sum' to broaden vegan offering
Vegan fast food specialist Biff’s Kitchen has raised a six-figure sum from a private fundraising drive to grow its jackfruit burger offering and develop a new retail range.
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Watneys in £400k bid to back return to supermarkets
Watneys was once the UK’s bestselling beer and relaunched in 2014 as a craft brewing business
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Honestly Good Smoothie Co eyes sustainable packs
The D2C startup’s plans come following runaway success on Crowdcube
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Global agri player Corteva makes US stock market debut
Global agriculture specialist Corteva has become an independently listed company on the New York Stock Exchange today after splitting from parent DowDuPont.
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The Lakes Distillery nets £1.6m investment
Fast-growing English whisky producer The Lakes Distillery has secured a further seven-figure investment to help fund its journey towards an eventual IPO.
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Rubies in the Rubble eyes £1.2m funding boost
Food waste sauce maker Rubies in the Rubble has surged past its £300k crowdfunding target as part of a wider seven-figure investment hunt.
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Co-op raises £300m in Fairtrade bond first
The Co-operative Group has become the first retailer in the UK to issue a Fairtrade bond as it announced the raising of £300m to fuel growth.
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M&S announces £600m discounted rights issue to fund Ocado JV
Marks and Spencer has announced a £600m rights issue to fund its joint venture with Ocado as it reveals a 10% drop in pre-tax profits and a 3% drop in annual revenues.
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The Saucy Affair pauses production to raise relaunch funds
The brand will no longer be available in grocery once its current supply sells through in coming weeks