more fundraising news & analysis – Page 26
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NewsAfrican Originals beats crowdfunding target as its launches craft ciders in UK
Drinks start-up African Originals, which launched in the UK this month, has beaten a £600k crowdfunding target to back the next stage of growth at the craft producer.
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Comment & OpinionClock is ticking for Ocado after another investor show of faith
Ocado has assured investors this will be the last time it seeks cash before turning profitable
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NewsHonestly Tasty to take vegan cheese mainstream with backing from Veg Capital
Honestly Tasty will put the funds to work to accelerate its NPD pipeline, which includes a cultured hard cheddar that melts like the real thing, alongside stilton, feta and Wensleydale alternatives.
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NewsOcado taps investors for £578m to boost global tech rollout
Ocado has raised £578m via a discounted share placement to boost the rollout of its technology amid the global shift to online grocery.
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NewsAgronomics takes 47% stake in biotch firm Liberation Labs
London-listed cellular agriculture group Agronomics is amongst the early-stage backers of biotch firm Liberation Labs
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NewsLittle Cooks kicks off £750k funding drive to back ‘HelloFresh for kids’ concept
The business, founded by Helen Burgess in 2017, will use the funds to grow beyond its monthly subscription boxes of home baking and cooking kits, which are designed to help children and parents engage with healthy eating.
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NewsThe Magic Bean Co to create 4,000 jobs under major expansion drive
Starbucks franchise group The Magic Bean Co has outlined ambitious expansion plans to open hundreds of new stores and create 4,000 jobs after securing a £10m bank support package.
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NewsBloody Drinks hits crowdfunding goal to support retail listings
The campaign on the Seedrs platform is currently overfunding and, at the time of publishing, has raised £265k from almost 200 backers.
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NewsAKT smashes £600k crowdfunding round to scale natural deodorant brand
The campaign on Seedrs values the London-based business at £5m, with 450 investors pledging £800k since the round went live on Monday.
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NewsPlant-based brand This to advertise crowdfunding campaign in UK chicken shops
The unorthodox campaign will target “a mainstream, meat-loving audience” with window and in-store ads
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NewsLixir 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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NewsFootballer 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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NewsShandy 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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NewsMy 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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NewsReady 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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NewsRapid grocer Nippy’s new dark stores to double as walk-in shops
Nippy which launched in July last year – has two sites, in Kingston and Milton Keynes, with a third due to open next month in Wimbledon
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NewsEnvironmental labelling startup Foodsteps secures $4.1m funding injection
Foodsteps founder Anya Doherty said the funding boost would help the company attract new talent
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NewsThis 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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NewsJam 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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NewsSomething & 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.