Fundraising – Page 9
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NewsAsda’s Cashpot for Schools hits £2.5m in first three weeks
The campaign kicked off with a TV advertising campaign fronted by fitness coach Joe Wicks
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NewsBiscuiteers exceeds £250k crowd goal and appoints Childs Farm founder Joanna Jensen as non-exec
Biscuiteers has smashed a six-figure crowdfunding goal and appointed Childs Farm entrepreneur Joanna Jensen to its board
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NewsMeatable secures multimillion-pound funding for lab-grown meat
The credit will help Meatable ramp up its commercial activity
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NewsFermtech hits crowdfunding target to scale up production of fermented protein source
Fermtech makes clean-label protein by growing fungi from food waste, using spent grains from a local brewery in a patent-pending system
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NewsDistil secures emergency funding to get through Christmas trading period
A placing at a steep 40% discount to last week’s share price is set to raise £430k, while the company has secured a further £220k from existing shareholders
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NewsTuggs secures seven-figure investment to bolster insect dogfood brand
Insect-based dogfood startup Tuggs has used a £1.1m investment round to boost growth and make its supply chain more sustainable
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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





