Fundraising – Page 9
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NewsIntrepid team of female fmcg leaders hitting the road to raise funds for Farm Africa
The all-female team will cycle 75km across Kenya, stopping on the way to work on farms, in the hope of raising £75k
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NewsPlant-Ex Ingredients secures seven-figure investment from BGF for international expansion
The investment – in return for a minority stake – will help underpin significant international growth for the Bristol-based business, with a particular focus on the US market
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NewsMoth seals £4.6m investment to fuel domestic and overseas growth
Moth has enjoyed rapid success since launching in 2021
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NewsAgua 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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NewsDunns 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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NewsHilltop 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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NewsNexba 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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NewsDistil 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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NewsSelf-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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NewsFieldGoods 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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NewsAdamo 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 & OpinionWe 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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NewsOther 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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NewsKnoops 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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NewsPerfectTed 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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NewsCity 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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NewsZoe 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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NewsBrand 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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NewsWhitebox 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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NewsCoca-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