more fundraising news & analysis – Page 6
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NewsThe 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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NewsDrinkWell secures £600k backing to expand reduced calorie alcohol marketplace
Online drinks retailer DrinkWell has secured £600k investment to drive its development of a marketplace for ‘better choice’ alcohol
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NewsJLM 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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NewsMilliways 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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NewsFaith 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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NewsCoca-Cola launches $138m sustainability fund to reduce carbon footprint
The Coca-Cola Company and its bottling partners around the world have closed a $138m (£105.6m) venture capital fund focusing on sustainability investments
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NewsRTD 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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NewsBarcode 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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NewsTonic 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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NewsVibrant 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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NewsYum 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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NewsStartup 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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NewsBower 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
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NewsProject D closes crowd round to back rollout of doughnut stores
Premium doughnut maker Project D has raised close to £500k from the crowd to aid a retail store rollout
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NewsSeven Brothers targets £500k crowdfund to build new brewery and distillery
The ambition is to have a new site up and running by 2026, says the recently expanded business
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NewsHooked lands seven-figure funding to cast net for plant-based fish wider
The Swedish plant-based fish startup is set to close a seven-figure funding round to expand outside its domestic market, with plans in place to launch in the UK next year
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NewsAdamo Foods secures £1.5m funding to bring meat alternative steak to market
UK-based Adamo Foods has secured £1.5m in funding to develop meat alternatives products and bring them to market
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NewsTony’s Chocolonely nets £17m to drive global growth
The ethical confectionery maker has raised €20m (£17m) to accelerate its “mission of ending exploitation in the cocoa industry”
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Analysis and FeaturesWhere startups find funding when investment dries up
Rising inflation rates and a cost of living crisis are scaring investors off food and drink challengers
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NewsAllplants slashes valuation in pursuit of profitability
DTC plant-based player Allplants has slashed its valuation as part of a £10m fundraising from its existing backers amid increasing pressure on the vegan category