more fundraising news & analysis – Page 19
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NewsSeedrs snapped up by US fintech firm Republic in $100m deal
Republic said it expected the deal with Seedrs to lead to new innovations and products for European investors and private businesses
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NewsHofmeister mascot George the Bear returns as brand launches £600k funding round
It had ‘spotted a clear gap in the market to catapult a Bavarian beer to the same level of success seen by its counterparts from other European countries’, Hofmeister said
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NewsOnline wine merchant seeks £150k to back mission to ‘eradicate wine snobbery’
UK online wine merchant Smashed Grapes has launched a £150k fundraising drive
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NewsThe Real Olive Company seeks wider retail listings for NPD as it beats £200k crowdfunding goal
The producer of fresh, organic olives, olive oils and antipasti is overfunding for another two weeks and has currently raised more than £250k from 350 investors.
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NewsCraft brewery Anspach & Hobday raises £440k to boost London Black
London-based craft brewery Anspach & Hobday has raised £440k to upgrade its brewery to boost production of its London Black rival to Guinness.
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NewsLyre’s valued at £270m in largest funding round for the alcohol-free brand
Alcohol-free spirits brand Lyre’s has closed its largest funding round to date as investors and consumers continue to drive a boom in the low & no drinks category
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NewsFearne & Rosie kicks off £250,000 raise
It will deploy the money in raising brand awareness, in-store activation and bringing new talent to the startup.
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NewsChildren’s cereal Gogo Roos repositions itself as high-protein brand for adults
The brand’s founder Michéal Mac Curtain said the original cocoa cereal it launched in 2019 had not appealed to young children who had “gotten used to sugary cereal”
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Comment and OpinionGopuff is out to prove it has the stamina – and the funds – to win the rapid grocery race
Having switched on UK operations yesterday, US player Gopuff is confident it can outpace rivals
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NewsFeragaia secures backing from Danish billionaire Anders Povlsen
Based in Fife, the business was founded in 2019 by Jamie Wild and Bill Garnock, formerly of Pernod Ricard and Edrington Americas respectively.
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NewsGood Club plans bigger £6m raise for zero-waste push after bagging £1m from the crowd
The business intends to use the cash to grow its range of products in reusable packaging to 50% of total sales, up from 23% currently.
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NewsFuture Farm seals £42m funding round to extend into plant-based drinks
The business, which launched in the UK in January 2020, is now valued at more than $400m and growing at 960% a year in Europe.
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NewsRe:Nourish ramps up global ambitions in £2m funding round
The investment will be used to spearhead the latest launches into the Middle East, Far East and other territories
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NewsCraft rum brand Libations beats crowdfunding target
Craft rum brand Libations has raised almost £200k from the crowd to bring its production in-house and open a distillery in Yorkshire.
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NewsStrangeways raises six-figure crowd sum to grow CBD spirits range
CBD spirits start-up Strangeways has beaten a £120,000 crowdfunding target to expand distribution in supermarkets and develop new products.
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NewsNick’s accelerates UK expansion plans thanks to $100m funding pot
CEO Stefan Lagerqvist told The Grocer the business was aiming to follow the rapid expansion of fellow Swedish brand Oatly but in the better-for-you category.
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NewsOcean Saver ramps up mission to eliminate single-use plastic with crowd backing
Eco cleaning start-up Ocean Saver has surpassed its £1m crowdfunding goal to increase brand awareness and invest in NPD.
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NewsPlastic-free gum brand Milliways lands £1m cash injection
The brand has completed a funding round from investors with an eye to expanding its distribution in the UK
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NewsMara Seaweed to cast net further overseas following funding boost
Domestic and international demand for high-quality seaweed for use as a food source and health supplement is on the rise as consumers seek out nutrient-rich alternative protein and sustainable seafood, according to the business, which launched in 2013.
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NewsPurearth lines up healthy £650k crowdfunding round
Launched in 2012 by Angelina Riccio and Tenna Anette, the business specialises in organic health drinks, from ‘immune boosting’ wellness shots and plant-based broths to nut milks, cold-pressed juice, cleanse programmes and a dairy-free ‘water kefir’ range, which it claimed as a UK first.