Fundraising – Page 15
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Shandy Shack sells stake Jeremy Clarkson’s partner
Shandy Shack has sold a minority stake to Jeremy Clarkson’s partner Lisa Bentinck as the craft brewer seeks to deepen commercial ties with Diddly Squat Farm
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Planet Organic rethinks expansion plans as it reviews sale and financing options
CEO George Dymond told The Grocer the business is in ‘rude health’, but new funding is needed to open new stores and return to profitability
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Petcare group Paramount eyes IPO following acquisitions spree
The owner of Pet Brands and Vital Pet Group has mooted a potential IPO or major fundraise after a spate of acquisitions that move it closer to a £200m sales target
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Havabier, Bemuse and Jump Ship turn to crowd to scale no & low brands
Three start-ups in the burgeoning no & low alcohol category have successfully raised almost £1m combined from the crowd
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UK cultivated meat investments jump fivefold in 2022
Analysis of PitchBook data found UK cultivated meat companies enjoyed £61m of new funding in 2022
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When in Rome returns to crowd as retail distribution for eco-friendly wine grows
Sustainable wine start-up When in Rome has returned to the crowd to raise an additional £400k to support its growing retail listings in the UK as demand picks up for more environmentally friendly packaging in the category
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El Rayo Tequila secures £870k investment to fund UK growth
London-based premium tequila brand El Rayo has raised £870k in new funding as it aims to double sales in 2023
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Gousto taps investors for additional £50m amid ‘volatile’ market conditions
Recipe kit brand Gousto has raised £50m in additional funding from its investors to help the business navigate the current challenging economic environment.
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Faace closes six-figure crowd round to fuel growth of ethical skincare brand
The start-up launched in 2020 and makes a range of products in a tube specifically targeted to help women during periods and the menopause.
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Seaweed packaging brand Kelpi raises over £3m to drive growth
Kelpi’s biodegradable packaging solutions aim to replace single-use synthetic materials in retail
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This named fastest-growing food brand in Fast 50 ranking
The brand’s rapid growth and heavy investment has propelled it to the top of Alantra’s annual Fast 50
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Oddbox steps up food waste fight with multimillion-pound backing
Wonky veg delivery service Oddbox has smashed a multimillion-pound crowdfunding target to help step up its fight against food waste in the UK
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Plant-based dogfood brand Omni raises £400k to fuel expansion
The DTC business offered customers the chance to invest for as little as £11
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CBD drinks brand Cannabrew secures £250k loan to fund expansion
The Lancaster-based business plans to bring its production in-house, opening its own taproom in March 2023
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Love Cocoa scores multimillion-pound backing to open luxury chocolate stores
Love Cocoa has ambitious plans to take the fight to rival premium chocolatier Hotel Chocolat by opening 10 bricks-and-mortar outlets over the next three years
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Plant-based brands lead the way as crowdfunders defy inflation pressure
The latest annual report by Seedrs revealed a 24% uptick in successful campaigns in the category to 97 in 2022, with businesses raising £105.1m in total, a year-on-year increase of 14%.
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Dr Vegan raises six-figure funding to fuel growth
The £566k raise from private investors follows the business hitting sales of £2m in 2022, its second year of trading.
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Farmison marks Horsegate anniversary with new traceability scheme
The upmarket online butcher started rolling out front-of-pack QR codes across its whole cut range this month
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Lucky Saint raises over £10m in ‘record-breaking’ Series A round
The funding round was led by consumer and technology growth investor Beringea and venture capital company JamJar Investments
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Better Nature revamps marinated tempeh range for third time in two years
It has replaced its Curry Bites and BBQ Strips, which hit the market in January 2022, with a trio of tempeh pieces