more fundraising news & analysis – Page 7
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Faace secures Dragons’ Den deal from trio of dragons
Founder Jasmine Wicks-Stephens walked away from the den with a combined £60k investment from Steven Bartlett, Peter Jones and Touker Suleyman
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This preps crowdfunding campaign ahead of move to profitability
This is returning to the crowd for the final time ahead of a major funding round planned for later this year as it seeks to continuing supercharging growth and move into profitability
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Spacegoods secures £2.5m to supercharge functional mushrooms and nootropics blends
Wellness startup Spacegoods has closed a £2.5m seed round to accelerate growth of its functional mushrooms and nootropics range
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Sustainable period care challenger Flo to make Tesco debut
From 19 February, four of the brand’s bestselling products will hit Tesco shelves
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The Uncommon raises £1.2m to meet growing demand for English canned wine
Canned wine challenger The Uncommon has secured £1.2m in its biggest funding round to date to help it scale production to meet growing demand in the mults
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LA Brewery seeking £1m from crowd to meet low & no demand
Kombucha maker LA Brewery is launching a £1m crowdfunding campaign amid fizzing consumer demand for alcohol-free alternatives
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Frozen meal startup Stocked secures £50k on Dragons’ Den
Frozen ready meals start-up Stocked has won backing from Steven Bartlett following an appearance on tonight’s Dragons’ Den
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Serious Pig beats £200k crowd target to help DTC sales fly
The business beat its £200k target on the Crowdcube platform in just more than a week, with the campaign standing (at time of publication) at £215k from 445 investors
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Heura raises £34m in series B round to fund ‘new chapter’ in plant-based foods
European plant-based brand Heura has closed its long-running series B funding round, raising €40m (£34.2m) in total as it seeks to turn rapid growth into profitability
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Nirvana launches £600k crowd campaign amid low & no demand
Low & no brewer Nirvana is rolling out a crowdfunding campaign as it looks to capitalise on the growing demand in the sector following a successful Dry January
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Planet A closes £12m fundraising to bring cocoa-free chocolate to the UK
Food tech startup Planet A Foods has secured $15.4m (£12.2m) to power the expansion of its sustainable cocoa-free chocolate into the UK and other international markets
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The Coconut Collab closes £1.5m funding round
The brand will use the funds to accelerate growth, primarily focusing on the UK and Europe, and establish a more mainstream presence
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Infinite Roots closes £46m round to build a ‘more sustainable and healthy food system’
Biotech firm Infinite Roots has closed a $58m (£45.5m) series B funding round as the business looks commercialise its technology and kickstart product launches worldwide
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Two Tribes plots international expansion following fundraising
Founded in 2017 by DJ and music producer Justin Deighton, the brand is stocked by the likes of Waitrose, Sainsbury’s and Ocado, as well as by Eurostar and Virgin Atlantic, and premium on-trade sites in London
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Full Power Cacao scores Dragons’ Den investment from Gary Neville, Steven Bartlett and Peter Jones
Ceremonial-grade cacao company Full Power Cacao has scored a three-way investment following an appearance on the BBC’s Dragons’ Den
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City snapshot: East Imperial Superior Beverages raises funds to take on growth markets
Premium tonic maker East Imperial has raised £325k to boost working capital and help realise growth opportunities in the US and Asia Pacific markets
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Freja raises £2m from fmcg heavyweights and sport stars Harry Kane and Alistair Brownlee
Former Unilever boss Paul Polman and serial investor Giles Brook have backed the business, alongside Childs Farm founder Joanna Jensen and Kiddylicious founder Sally Preston
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Waitrose to distribute food parcels to care leavers over Christmas
It’s a repeat of an initiative last year, in conjunction with The Gold From The Stone, a foundation founded by the author Lemn Sissay
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Hackney Gelato nets £1.3m funding boost to fuel global growth
The premium UK ice cream brand has secured a £1.3m investment to scale up production to meet surging global demand for upmarket gelato
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Period pad pioneer Planera smashes £600k fundraising target
The maker of UK’s first fully certified flushable sanitary pad has raised over £730k to increase production and ready the brand for a retail launch