more fundraising news & analysis – Page 12
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NewsAdonis raises seven-figure sum to take keto snacking mainstream
Functional snacking brand Adonis has raised more than £1m in an effort to gain market share as demand for keto products grows in the UK
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NewsRoam wins crowd backing to push sustainable sexual wellness brand into retail channel
Sexual wellness challenger Roam has raised almost £2m from the crowd as it prepares to expand beyond the DTC into retail.
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NewsTesco-backed checkout-free tech company Trigo secures $100m investment
The investment was led by Singapore investment firm Temasek and 83North
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NewsParsley Box shares collapse as DTC ready meal firm mulls AIM delisting
Shares in Parsley Box have collapsed after the ready meals provider revealed it was considering delisting from London’s junior stock market following a disastrous year since floating.
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NewsHeura raises €20m in mission to be European plant-based category leader
Plant-based brand Heura has raised €20m (£17.4m) to continue its rapid growth across Europe.
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NewsHunter & Gather targets retail expansion after smashing crowdfunding goal
Specialist condiments and oils start-up Hunter & Gather has raised more than £700k from the crowd, comfortably beating its target of £500k as it targets more mainstream retail listings.
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NewsFeel aims to become household name following £10m investment round
DTC supplements challenger Feel has secured a £10m investment to maintain its rapid growth in the health and wellness category and boost brand awareness.
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NewsFussy raises £1.1m from crowd to boost eco-friendly personal care growth
Eco-friendly personal care challenger Fussy has raised more than £1m from the crowd as it seeks to eliminate single-use plastic in the category.
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NewsCity snapshot: Cooks Coffee Company outlines fundraising plans ahead of London float
Cafe chain Cooks Coffee Company is planning to raise £1.5m in a funding round ahead of its London float. Plus, a trading update from packaging firm DS Smith.
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NewsOlly’s brings in more than £1m from the crowd to support supermarket listings
Founded by Olly Hiscocks in 2016, the business recently launched into Asda, Tesco and Holland & Barrett, adding to listings with Sainsbury’s, Morrisons, Waitrose, Co-op, Whole Foods and Boots.
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NewsHackney Gelato to increase marketing investment after hitting £600k crowd target
It has so far raised £667k from more than 312 backers on the Crowdcube platform, with the campaign valuing the challenger at £10m.
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NewsVegan ready meal brand The Brook closes after ‘challenging’ six months
In a recent LinkedIn post, CEO Thea Brook wrote that the business had ‘battled hard through one economic crisis after another’ since its launch in 2019
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NewsBestway raises $2.3m for Pakistan flooding victims
Money will build homes or shelters for 5,000 families, provide water for more than 100,000 individuals, and deliver food and medical supplies to over 20,000 people
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NewsSpreads and cereals brand Rogue enters insolvency after losing Asda listings
Rogue’s founder Asher Flowers said the fmcg industry needed to ‘really level the playing field of what access there is to investment in black-owned business’
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Analysis and FeaturesWhy vegan chocolate is attracting the big bucks
For evidence of the popularity of vegan chocolate, just look at its fundraising efforts
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NewsPlant-based meal kit brand Grubby seeking £3m from the crowd
The startup said it had achieved 19% month-on-month revenue growth this year
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NewsTribe smashes new crowdfunding goal to supercharge growth
Plant-based energy bar challenger Tribe has returned to the crowd for a third time to help supercharge growth as demand for healthier snacking continues to rise.
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NewsSnacks brand Made for Drink launches ‘beer-friendly’ biltong
The brand said its ‘ongoing ambition’ was to ‘provide our retailers with common sense trade up opportunities within the snacks category’
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NewsBoundless Activated Snacking bags six-figure investment to grow gut health brand
Boundless Activated Snacking has secured a six-figure investment to maintain rapid growth at the gut health snacking brand.
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NewsCheeky Panda puts flotation plan on hold as IPO activity slows
Sustainable tissue challenger Cheeky Panda has put its ambitions for a blockbuster £300m flotation on hold amid economic turmoil and a dramatic global slowdown in IPO activity.