Fundraising – Page 3
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News
Moth seals £4.6m investment to fuel domestic and overseas growth
Moth has enjoyed rapid success since launching in 2021
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News
Agua de Madre in £300k crowdfunding drive to support growth
Funds will be used to upscale production, invest in NPD, make new hires and support growth
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Dunns Food & Drinks renews support for charity Aware Scotland
The initiative will give young people exclusive access to training sessions, matches and special events
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News
Hilltop Honey agrees £10m banking package to back overseas expansion
The funding package from Santander UK will allow the British honey brand to hold more stock, drive recruitment and accelerate growth
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News
Nexba owner returns to crowd for £1m raise to drive international expansion
The Australian soft drinks brand raised £360k in its domestic market in June
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News
Distil seeks funds after profit warning and collapse in sales
Spirits group Distil is exploring funding options to meet an unexpected shortfall in its finances after it issued a profits warning for 2024
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News
Self-cooling can startup smashes £150k crowdfund target
In its first iteration, inserted in an aluminium can, the device is activated by the consumer pressing a snowflake symbol on the bottom of the can
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News
FieldGoods secures six-figure investment to expand distribution
The company will use the £750k – raised from angel investors – to boost brand awareness, back new product development and expand the team
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News
Adamo Foods raises £2m to bring ‘ultra-realistic’ steak alternative to market
Food tech startup Adamo Foods has closed a $2.5m (£2m) seed funding round to back its mission to introduce the first ultra-realistic beef steak alternative made from fungi
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Comment & Opinion
We need more meaningful interactions between buyers and challengers
Finding and contacting the right buyer turns the entrepreneur into a LinkedIn stalker, says Jason Gibb, co-founder of Bread & Jam
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News
Other World Wines in ‘six-figure’ fundraise to champion under-represented wine nations
The round has the backing of angel investors including long-time Laithwaites Group CFO Jimmy Weir
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News
Knoops raises £5m from Julian Metcalfe and other industry titans
Metcalfe joins the board of the company as a non-executive director alongside Alice Avis, former CEO and chairwoman of the Sanctuary Spa Group, who also invested as part of the round
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News
PerfectTed secures another £1m in Steven Bartlett partnership
PerfectTed has secured a fresh £1m in funding from Steven Bartlett as the Dragons’ Den star doubled down on his investment in the rapidly growing energy drink brand
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City snapshot: Ocado raises £700m to refinance debt
Ocado has raised £450m in an upsized bond offering to refinance debt along with a separate £250m bond issuance
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News
Zoe secures another $15m to push harder in the US
The $15m investment comes from New York consumer VC firm Coefficient Capital
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News
Brand Growth Heroes ‘Mini MBA’ produces first graduates
The founders of 10 scaling fmcg challenger brands have graduated from the first-ever Brand Growth Heroes ‘Mini MBA’, led by Fiona Fitzpatrick in partnership with investment bank Alantra
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News
Whitebox Cocktails returns to the crowd for £200k top-up
Whitebox Cocktails has returned to the crowd to raise further investment as the RTD brand seeks to increase its retail exposure and expand overseas
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News
Coca-Cola HBC agrees $130m loan for Egyptian projects
The loan from the European Bank of Reconstruction & Development will further the London-listed group’s investment in people development and sustainable business practices in Egypt
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News
GrowUp Farms bags £38m investment to meet demand for vertically farmed salads
The cash will help GrowUp expand capacity at its vertical farm in Kent, support the Unbeleafable and Fresh Leaf Co brands, and drive R&D at the Leaf Lab site in Cambridge
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News
Botivo raises £900k to scale 0% botanical drink
Non-alcoholic aperitivo startup Botivo has closed a six-figure funding round to support UK and international expansion