23rd March 2020
Oddbox, the London company behind the UK's first sustainable fruit and vegetable box delivery service, is planning to expand nationwide after securing a £3m investment from the Northern Venture Capital Trust Funds (VCTs), which are managed by Mercia. The London company behind the UK's first sustainable fruit and vegetable box delivery service is planning to expand nationwide after securing a £3m investment from the Northern Venture Capital Trust Funds (VCTs), which are managed by Mercia.
6th March 2020
Scotland’s leading female-founded, organic and sustainable whisky distillery, Nc’nean, has successfully raised more than £1.7m in a new funding round from both a crowdfunding campaign and private investors to help accelerate its current growth plans.
The innovative whisky distillery exceeded its funding target in little over a week after launching the campaign on investment platform Seedrs. Further funding was injected from existing and new private investors, bringing the total funding to over £1.7m.
17th January 2020
Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund, has invested £250,000 in healthy snacking brand Real Handful Limited. The funding will allow the business to invest in product development as well as its sales and marketing activities to develop its commercial offering and expand its team, creating 14 new jobs in the Manchester region.
19th November 2019
A six-figure investment from the Development Bank of Wales will enable a waffle company to expand its current production to meet the demands of a national retailer.
18th November 2019
Snaffling Pig, the UK’s leading pork-based snack business, has received investment from multiple Henley Business Angels members, who contributed to a record breaking funding round of over £1.1m.
Chosen as one of the Thames Valley 50 Game Changers in 2018, Snaffling Pig produces a wide range of pork snack products, including flavoured pork crackling sold in traditional foil bags, gift jars and advent calendars, as well as a variety of sauces, beers, nuts, and additional food goods ideal for gifts. The products are supplied into some of the UK’s leading supermarkets, such as Tesco, Sainsbury’s, The Co-operative, John Lewis and Selfridges. Over 2,000 pubs, including Greene King and Punch Taverns among others, are also supplied with its products.
18th October 2019
Ingenious's Infrastructure Ventures EIS Service has invested in Winnow, the technology company behind Winnow Vision, the artificial intelligence tool helping chefs cut food waste in half, as it completes its series B round of funding at $12m. Other co-investors in this fund raising round include Ingka Investments, Mustard Seed, Circularity Capital, D-Ax in addition to Ingenious. This follows a recent loan from The European Investment Bank (EIB) and in total means the firm has raised $20m in the last month, allowing it to focus on global markets.
9th October 2019
Vertical Future, a London-based food technology company, announced the completion of its Seed Round, raising £4m of equity finance, with further investment expected in the coming months.
Grown in the capital and delivered by bicycle and electric van, the company uses technology to produce high-quality, ethical food (primarily baby leaf vegetables and herbs), in controlled environments. They also develop efficient and sustainable methods of food production and supply systems, with a long-term commitment to improving health and reducing CO2 emissions in cities.
2nd October 2019
The Midlands Engine Investment Fund Debt Finance, managed by Maven Capital Partners, has provided Lincolnshire-based, Jepco, with a £900,000 funding package, which will enable the horticulture firm to acquire the hydroponic technology and equipment needed to expand production all year round. The finance package will also create 14 new jobs in the region. This is the second MEIF loan made to the Jepco Group.
19th September 2019
Snaffling Pig, the category leading porky snack brand, has reached its £750,000 crowdfund target in just seven days. Hosted by Crowdcube, a total of 821 investors – or “Swine Diners” – have supported the campaign, in exchange for a 7% stake in the business. With a business plan to hit £20m sales in the next three years, a potential overfund will mean the team can bring forward their ambitious five year plan of £30m in sales.
5th September 2019
London-based dairy free cheese producer, Kinda Co. has been named as The Seed Fund’s 2019 champion, picking up the award at the Great Taste Golden Fork Dinner on Sunday 1 September. A one-woman enterprise, founded by Ellie Brown (pictured above) in October 2017, Kinda Co. will now embark on full year of business support and mentoring with the food and drink industry’s only philanthropic start-up accelerator.
30th August 2019
Five-time FIA Formula One World Champion, Lewis Hamilton is collaborating with hospitality organisation The Cream Group and investors including UNICEF Ambassador and early backer of Beyond Meat, Tommaso Chiabra to revolutionise fast food when they launch exciting new concept Neat Burger, the first international, plant-based burger chain. Opening its first site on September 2nd, Neat Burger promises to transform the way people see plant-based food by appealing not only to those who follow plantbased diets, but any individuals - meat-eaters included - who want to eat delicious, meat-free dishes that are more sustainable, healthier and ethical
28th August 2019
A Birmingham-based wholesale supplier of quality products to the food and drink industry has secured £1.5m from MEIF Maven WM Debt Finance, part of the Midlands Engine Investment Fund. The loan will enable Indus Foods to create manufacturing units and extend its existing warehousing to improve efficiencies. The funding will also provide investment into the company’s new production hub and support the creation of a number of jobs in the region.