Fundraising – Page 11
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NewsRTD cocktail brand Whitebox ready for UK and export growth thanks to crowd backing
RTD cocktail startup Whitebox has beaten a £450k crowdfunding target as it aims to ramp up NPD and grow distribution in the UK and overseas
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NewsBarcode Festival raises ‘record-breaking’ £1m for GroceryAid
The event was headlined by 1990s club legend Fatboy Slim and featured performances from the likes of Sugababes, Sam Ryder and Tinchy Stryder
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NewsTonic Health launches with Walmart supported by six-figure crowd investment
The gummies are made without any sweeteners or artificial ingredients, and use beetroot fibre instead of sugar as a primary ingredient
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NewsVibrant Foods undertakes refinancing after heavy losses
World foods specialist Vibrant Foods has undertaken a multimillion-pound refinancing after ’operational challenges’ resulted in the group falling to significant losses.
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NewsYum Bug to take insects mainstream with BrewDog backing
The business secured £200k from James Watt and topped up with another £101k from more than 320 investors on Crowdcube, with the round valuing the startup at £5m
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NewsStartup seeks to upend ‘old school vending industry’ with co-working space ‘micro markets’
Martee’s – cofounded by a former Weezy employee and ex-CEO of meal kit brand Plateaway – this week opened its first location at Expressway, an office space near Royal Victoria Dock, London
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NewsBower Collective targets growth in retail after raising £856k from crowd
Launched three weeks ago, the brand’s Crowdcube push hit its £600k target within 75 minutes
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NewsProject D closes crowd round to back rollout of doughnut stores
Premium doughnut maker Project D has raised close to £500k from the crowd to aid a retail store rollout
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NewsSeven Brothers targets £500k crowdfund to build new brewery and distillery
The ambition is to have a new site up and running by 2026, says the recently expanded business
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NewsHooked lands seven-figure funding to cast net for plant-based fish wider
The Swedish plant-based fish startup is set to close a seven-figure funding round to expand outside its domestic market, with plans in place to launch in the UK next year
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NewsAdamo Foods secures £1.5m funding to bring meat alternative steak to market
UK-based Adamo Foods has secured £1.5m in funding to develop meat alternatives products and bring them to market
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NewsTony’s Chocolonely nets £17m to drive global growth
The ethical confectionery maker has raised €20m (£17m) to accelerate its “mission of ending exploitation in the cocoa industry”
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Analysis & FeaturesWhere startups find funding when investment dries up
Rising inflation rates and a cost of living crisis are scaring investors off food and drink challengers
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NewsAllplants slashes valuation in pursuit of profitability
DTC plant-based player Allplants has slashed its valuation as part of a £10m fundraising from its existing backers amid increasing pressure on the vegan category
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NewsSentient Ventures backs trio of female-founded plant-based brands in maiden investments
The fund – launched last year by the team behind Veg Capital – is backing plant-based cheesemonger La Fauxmagerie, vegan pizzeria Purezza and plant-based chicken maker Rebellyous
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NewsOnline supermarket selling household essentials ends operations
The ambient and store cupboard delivery service launched nationwide in October 2020, ahead of its initial schedule, in response to pandemic demand
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NewsEvent catering marketplace Feast It rebrands and bags $8.5m funding
Togather – by diversifying into other categories – expects to double sales again this year
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NewsIncredo raises $30m to back sugar binding technology growth
Incredo Sugar, formerly known as DouxMatok, purports to be able to reduce sugars used in sweet foods by 30%-50%
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NewsHeura smashes through crowdfunding target
The Spanish firm comfortably beat its latest €1m target on the Crowdcube platform, with €2.6m secure in the campaign’s first 48 hours.
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NewsBetter Nature launches £3m fundraising push
The plant-based startup has kicked off the fundraising to take its tempeh brand into the mainstream and support its first UK supermarket listing