latest – Page 16
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Jersey Hemp smashes crowdfunding round in bid to take its CBD range mainstream
CBD producer Jersey Hemp has smashed a £1.1m crowdfunding target to help fuel ambitious expansion plans.
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Ingredients giant Olam plans listing on London Stock Exchange
A major £6.6bn global food ingredients giant will list on the London Stock Exchange next year to boost its worldwide growth plans
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Small Giants closes £400k funding round to bring insect snacking to the mainstream
Insect-based snacks start-up Small Giants has closed an investment round of more than £400,000 to supports its growth across the UK and Europe.
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Fitbakes eyes retail expansion after hitting crowdfunding target
The business, founded by nutritionist Ella Rauen-Prestes in 2018, will use the money to help support a slated launch in 1,000 Tesco Express stores as part of its meal deal offering in the third quarter of 2021.
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Cheeky Panda lines up £300m IPO and eyes major player status
CEO Chris Forbes said he expected Cheeky Panda to grow large enough to compete with the biggest players in the household paper category
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Ember to ramp up campaign against factory farming as it hits £800k crowdfunding target
Founded three years ago by brothers Harry and Jack Mayhew, the business has currently raised £945,000 from 244 investors, including ASOS CEO Nick Beighton, with the Seedrs round closing next week.
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Wilton London passes £400k funding target
Wilton plans to use the funds to support new product and team development as well as acquisition marketing to bolster its e-commerce offering
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Cheeky Panda unveils IPO ambitions as £2.5m crowdfunding campaign closes
The company, which is this week bringing a £2.5m crowdfunding campaign on the Seedrs platform to a close, said it planned to float on the London market in the next 24 months.
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Fearne & Rosie turns down Dragons’ Den offer in favour of Giles Brook backing
The Yorkshire-headquartered business has partnered with Giles Brook as it readies to scale up expansion in the fast-growing category
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Bepps bags six-figure backing from Mission Ventures’ Good Food Fund
As well as the funding, Bepps will also receive support and advice from Missions Venture, the food and drink start-up accelerator behind the Good Food Fund.
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Ethical Butcher surges past target to hit £1.1m in crowdfunding
The wholesaler launched a £400k crowdfunding campaign on Crowdcube this week
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Vegan startup Planty surges past £200k crowdfund target
The Veg Capital-backed business is currently overfunding, having so far raised £355k from 350 investors
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This secures biggest ever series A fundraise for UK plant-based brand
This plans to use the cash to support the rapid growth of the business, expand its R&D capabilities and bring to a pipeline of new products to the market.
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Good Food Fund signs up Better Nature and Spare Snacks brands
Better Nature and Spare Snacks join the 12-month programme and will receive business support
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Big Drop Brewing raises £3.5m to boost growth plans
Alcohol-free beer producer Big Drop Brewing has raised a further £3.5m to fund surging growth as its sales head towards £5m.
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Meatless Farm to mount £5m crowdfunding campaign
Its ‘farm-to-fork’ programme will involve investment at every stage of the supply chain, it said
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Dr Will’s smashes £400k crowdfunding round as it eyes further supermarket growth
Founded by Dr Will Breakey, Liam White and Josh Rose in 2015 to reduce the sugar in table sauces such as ketchup, mayo and BBQ, Dr Will’s is stocked by the likes of Tesco, Waitrose, Holland & Barrett and Ocado, as well as Selfridges and Harvey Nichols.
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Heura scores €70m valuation with backing from Chris Smalling and the crowd
Heura, which launched in the UK with a meat-free burger late last year, hit its initial €1m target on the Crowdcube platform and overfunded to €4m in less than 24 hours, with 3,007 investors backing the business.
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PlayIn Choc beats £250k crowdfunding target to scale up ethical brand
Launched in 2018 by husband-and-wife team Maya and Dominic Simler, PlayIn Choc already exports to 30 countries and has listings with 25 distributors, as well as Ocado. It is also in early conversations with the mults in the UK and other retailers overseas.
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Monde Nissin raises $1bn to drive global growth of Quorn
The owner of Quorn has raised $1bn to help fund a global push for its meat alternative brand after listing on the Philippines Stock Exchange.