Fundraising
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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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News
Tony’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 & Features
Where 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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News
Allplants 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
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News
Sentient Ventures backs trio of female-founded plant-based brands in maiden investments
The fund – launched last year by the team behind Veg Capital – is backing plant-based cheesemonger La Fauxmagerie, vegan pizzeria Purezza and plant-based chicken maker Rebellyous
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News
Online supermarket selling household essentials ends operations
The ambient and store cupboard delivery service launched nationwide in October 2020, ahead of its initial schedule, in response to pandemic demand
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News
Event catering marketplace Feast It rebrands and bags $8.5m funding
Togather – by diversifying into other categories – expects to double sales again this year
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News
Incredo raises $30m to back sugar binding technology growth
Incredo Sugar, formerly known as DouxMatok, purports to be able to reduce sugars used in sweet foods by 30%-50%
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News
Heura smashes through crowdfunding target
The Spanish firm comfortably beat its latest €1m target on the Crowdcube platform, with €2.6m secure in the campaign’s first 48 hours.
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News
Better Nature launches £3m fundraising push
The plant-based startup has kicked off the fundraising to take its tempeh brand into the mainstream and support its first UK supermarket listing
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News
Iceland’s Richard Walker reaches Everest summit
The supermarket chairman is hoping to raise £1m to fund a new Rare Dementia Care Centre in London
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News
Somerset farm shop Teals secures £2.3m to expand to second site
The funding will also create 50 additional car parking spots at the current shop and increase retail space by 250 sq m
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News
Sapling Spirits closes seven-figure fundraising
Sapling Spirits has closed a seven-figure fundraising round to push ambitions to make the spirits industry more sustainable
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News
Raw dogfood player Paleo Ridge receives £1m investment to boost retail ambitions
Paleo Ridge has secured a further seven-figure investment from investor Ashridge Capital
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Comment & Opinion
How crowdfunding is breaking down barriers for startups
Not only is it a way to raise funding, but also to raise awareness and build an impassioned community of investors who want to talk about your company
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News
City snapshot: Pernod Ricard invests in reusable packaging specialist Ecospirits
Pernod Ricard has taken a minority share in Singapore-based Ecospirits, a low waste distributer for the wine and spirits industry
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News
Nationwide Produce boosts warehouse capacity
The expansion also saw the business’s pallet capacity rise from 900 to 2,100, allowing more stock to be stored
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News
Pimentae tequila pre-mix brand raises £500k in pre-seed round
The business will use the funds to consolidate its position in the category and expand its sales and marketing team
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News
Rubies in the Rubble launches crowdfunding campaign
Rubies aims to use the crowdfunding round as a springboard for a larger institutional round in 2024
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News
Snaffling Pig raises six figures to fight back from recall ‘crisis’
Pork snacking brand Snaffling Pig has raised a six-figure sum to regrow the brand following a damaging product recall last year
