latest – Page 11
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Lixir secures seven-figure funding to ‘catapult’ it to next stage of growth
New strategic investors joined with existing backers, including former Pernod Ricard commercial director Chris Ellis, to invest £1.1m in the future growth of the brand.
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Footballer Chris Smalling launches eco-friendly VC fund
ForGood will invest between £50,000 and £1m in businesses addressing environmental issues, such as climate change.
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Shandy Shack closes second funding round as revenues accelerate towards £1m
The business will use the £235,000 raised from a group of angel investors to grow its team, including the recruitment of a brand manager joining from Graze in June, support listings with Sainsbury’s and to expand the direct-to-consumer operation.
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My Emissions secures £400k funding for accessible carbon labelling service
The latest funding round will help My Emissions double its team and fulfil its aim to work with more than 100 companies in the next 12 months
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Ready meals startup Field Doctor targets £600k crowd investment
Field Doctor is lining up a £600k crowdfunding round to scale operations across the UK
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This plots biggest-ever meat-free crowd round to supercharge growth
This – launched in 2019 by Andy Shovel and Pete Sharman – is aiming to raise at least £4m from the round but expects to overfund and beat the €5.4m (£4.6m) raised by Spanish brand Heura last month
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Jam n Vegan scores backing from Veg Capital for retail push
The business will use the £200,000 investment to build brand awareness, expand the team around founder Kyle Parchment and open up new channels.
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Something & Nothing targets US expansion with £1.5m VC backing
Premium seltzer brand Something & Nothing has raised £1.5m in a private investment round to capitalise on growing demand in the US for its range of drinks.
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Seedrs and Vevolution form partnership to boost plant-based start-ups
Crowdfunding platform Seedrs and plant-based investment marketplace Vevolution have formed a partnership to boost early stage investment in UK vegan start-ups
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Tom Savano ready to scale premium premixed cocktail brand with help from the crowd
After launching at the end of 2019, the business has already generated £700k in revenues, selling more than 40,000 of its bottled “super-premium” cocktails.
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Heura smashes €1m crowdfunding target as thousands invest in plant-based brand
Its second ‘Equity for Good Rebels’ campaign on the Crowdcube platform saw the Spanish-headquartered business reach its €1m goal in just 30 minutes.
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Drty Drinks plans retail expansion after securing six-figure funding package
Founded in 2019 by Matija Pisk and Oli Clements, Drty makes carb-free hard seltzer in a range of natural fruit flavours, with listings in Waitrose, Asda, Ocado and BP forecourts.
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White Rabbit secures £1.1m funding to boost NPD and marketing
The investment, made by Guinness Asset Management, would help the brand launch new products into multiple categories and boost its marketing presence with an above the line campaign, said White Rabbit
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Cabrito turns to crowd to fund efforts to bring goat meat to supermarket shelves
Cabrito Goat Meat sources young goats from British dairy farms, rears them for meat and then supplies it to restaurants, butchers and catering firms, as well as the public on a DTC site.
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Neyba seeks £15m to expand grocery restaurant hybrid across London
Neighbourhood grocery and restaurant start-up Neyba is looking to raise £15m as part of an expansion plan.
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Equinox kombucha exceeds £950k crowdfunding target in two weeks
It is offering up 1.54% of its equity, valuing the business at £9.44m with a share price of £1.43
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Remeo Gelato eyes expansion after securing fresh capital
As part of the raise, Remeo appointed Nando’s grocery CEO Georg Gruber as executive chairman of the board
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Shicken owner secures new funds to expand plant-based Indian ready meals into the US
The group behind the Shicken range of plant-based Indian ready meals has scored further backing from specialist investment firm Veg Capital.
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Matugga Distillery closes in on £300k crowdfunding goal
The business, run by married co-founders Jacine Rutasikwa and Paul Rutasikwa, is aiming to become a ‘cane to cask’ producer, with plans underway to develop a sugarcane plantation in Uganda.
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KoRo closes €50m funding round to continue rapid growth across Europe
The business – started in Berlin in 2014 – sells a range of more than 1,000 SKUs across food categories and kitchen appliances direct to consumers.