more fundraising news & analysis – Page 10
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Enough secures €40m to produce cheaper meat-free products
The sustainable meat-free ingredients group has raised the funding to boost capacity at its factory
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GroceryAid hails ‘unprecedented support’ during challenging year
The charity’s annual impact report can give an insight into some of the challenges facing those working in the industry
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Pip & Nut wins £1m backing from Greater London Investment Fund
Natural nut butter brand Pip & Nut has received a £1m funding boost to underpin NPD and further growth
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City snapshot: Clean Food Group completes £2.3m fundraise
UK biotech company Clean Food Group has announced it has raised £2.3m to fund the commercialisation of its oils and fats alternatives technology
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Spirits startup Goldling secures seed funding to back retail push
The organic canned spirit startup has secured £300k in a seed funding round as it aims to get its drinks into the mults
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Palm oil alternative maker Clean Food Group secures major backer
Clean Food Group will use the cash to “scale up its technology platform whilst advancing critical regulatory and commercial pathways” it said
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XOXO gut health soda startup secures £1.5m to bolster growth
Prebiotic soda startup XOXO has secured £1.5m to support the business’s rapid growth
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Amino Drinks lands £300k funding for sports performance brand
Performance drinks startup Amino has secured £300k from the East of England Regional Loan Scheme to support its growth
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Popeyes UK secures £50m injection to roll out new restaurants
Popeyes UK, the fastest-growing QSR chicken brand, has received backing worth £50m from private equity giant TDR Capital to drive its expansion
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The Chilli Mash Co launches £100k crowd round for sustainable chilli farm
The hot sauce maker has kicked off a crowd fundraising round to expand operations and support the establishment of a state-of-the-art chilli farm in Rwanda
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JLM Global Foods secures £7.5m financial support
Private label snack maker JLM Global Foods has secured a £7.5m financial package to support expansion plans
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Milliways ties up £3m to take on chewing gum giants
Sustainable gum challenger Milliways has closed a £3m funding round to take on the giants of the category and become a household name.
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Faith in Nature welcomes crowd investment to push green credentials
Faith in Nature has smashed a £550k crowdfunding target as the eco personal care brand welcomed outside investment for the first time in its 50-year history
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RTD cocktail brand Whitebox ready for UK and export growth thanks to crowd backing
RTD cocktail startup Whitebox has beaten a £450k crowdfunding target as it aims to ramp up NPD and grow distribution in the UK and overseas
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Barcode Festival raises ‘record-breaking’ £1m for GroceryAid
The event was headlined by 1990s club legend Fatboy Slim and featured performances from the likes of Sugababes, Sam Ryder and Tinchy Stryder
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Tonic Health launches with Walmart supported by six-figure crowd investment
The gummies are made without any sweeteners or artificial ingredients, and use beetroot fibre instead of sugar as a primary ingredient
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Vibrant Foods undertakes refinancing after heavy losses
World foods specialist Vibrant Foods has undertaken a multimillion-pound refinancing after ’operational challenges’ resulted in the group falling to significant losses.
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Yum Bug to take insects mainstream with BrewDog backing
The business secured £200k from James Watt and topped up with another £101k from more than 320 investors on Crowdcube, with the round valuing the startup at £5m
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Startup seeks to upend ‘old school vending industry’ with co-working space ‘micro markets’
Martee’s – cofounded by a former Weezy employee and ex-CEO of meal kit brand Plateaway – this week opened its first location at Expressway, an office space near Royal Victoria Dock, London
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Bower Collective targets growth in retail after raising £856k from crowd
Launched three weeks ago, the brand’s Crowdcube push hit its £600k target within 75 minutes