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11th May 2021

Pembroke VCT exits its investment in Plenish

Pembroke VCT, the venture capital trust focused on building the businesses of tomorrow, has exited its investment in Plenish, the award-winning plant-based milks and plant-powered juice brand. The innovative beverage brand, which was one of Pembroke VCT’s earliest investments, has been acquired by Britvic to boost its plant-based drinks portfolio and cater to the growing demand for healthy and nutritious juices.

7th May 2021

Nanotech firm Figura Analytics raises £180,000 seed funding

Nanotechnology business Figura Analytics has raised £180,000 seed funding from private investors and the UK’s leading early stage investor SFC Capital. 

The company was spun out of Loughborough University in January 2021, backed by an Innovate UK grant, to develop its rapid testing technology platform aimed at helping the drinks industry to improve quality and consistency of ingredients and finished product.  Figura’s nanopore technology uses microfluidics, sensors and software algorithms, which enables them to recognise and characterize any particle suspended in a solution. 

30th April 2021

Jenson SEIS Fund Invest in Kitchco Ltd (The Neighbourhood Kitchen)

Jenson Funding Partners have completed an investment in The Neighbourhood Kitchen who are responsible for launching and operating profitable, delivery-only kitchens across the UK.

30th April 2021

Poke House acquires London-based chain Ahi Poké

Poke House, a leading fast casual poke brand in Europe, has announced the acquisition of London-based restaurant chain Ahi Poké from BVC Group, marking its expansion in the United Kingdom.

22nd April 2021

Fuel Ventures leads £4.5m investment in digital health startup Feel

Feel, the UK-based digital health company, is on a mission to clean up the ‘dirty’ world of nutritional supplements and, following an exceptional first year of growth, the  producer of the world’s cleanest, highest-quality supplements, has closed a £4.5million investment, led by Fuel Ventures and includes TMT Investments, Sova VC, Richard Longhurst (founder of LoveHoney.com) and Igor Ryabenkiy (founder and GP of Altair Capital).

20th April 2021

MunchFit closes £1.2m crowdfunding round

MunchFit, healthy food provider to luxury gym Equinox and elite studio Barry’s Bootcamp has closed £1.2m through a recent crowdfunding campaign via Crowdcube, after attracting substantial investor interest.

 

23rd February 2021

Burleighs Gin secures £250k MEIF

Burleighs Gin, a Leicestershire gin distiller business has secured a £250,000 investment to scale-up its operations and create new jobs.

The compnay has secured the finance from the Midlands Engine Investment Fund (MEIF), provided by The FSE Group and backed by the Coronavirus Business Interruption Loan Scheme (CBILS).

The funding package will enable Burleighs Gin, based at Bawden Lodge Farm, Loughborough, to expand its operations. Five full-time jobs within its sales and operational functions will be created as the brand focuses on developing its premium brand gin range with two new products in the pipeline.

10th February 2021

Hoxton Farms raises £2.7 million

Hoxton Farms has raised £2.7 million seed funding to cultivate animal fat and solve an urgent issue for the rapidly growing meat alternatives market.

Its approach delivers the missing ingredient necessary to make meat alternatives delicious, realistic and versatile: fat.  For decades, the food industry has faced the challenge of finding effective, low-cost and sustainable replacements for traditional animal fat, the most important sensory ingredient in meat. Fat defines how meat looks, cooks, and tastes – and it does this in a way that cannot be replicated by plant oils currently used in meat alternatives. 

10th February 2021

Firetree Chocolate secures £250k MEIF funding boost

A Stamford based chocolatier business has secured a £250,000 MEIF loan to help meet increasing demand for its products from the UK and overseas. This is alongside boosting its marketing campaigns to drive sales in 2021.

8th February 2021

Meat-alternative start up Jack & Bry raises £1.25m led by SFC Capital

Jack & Bry, a producer of plant-based meat alternatives, has secured £1.25 million in seed funding.  The round was led by SFC Capital, with other backers including KM Capital, Rubix Ventures, and a number of high net worth private investors. The investment comes at a time of rapid growth for Jack & Bry, and follows the recent appointment of FMCG industry veterans including former Quorn chairman Clive Sharpe and Singha Europe MD David Flower to the management team. The funding will support further product innovation as the jackfruit pioneer targets more big-name customer acquisitions. AI to help develop more jackfruit products that closely mimic the texture of meat using its proprietary manufacturing process.

27th January 2021

Swedish startup Sproud raises £4.8m from London-based VGC Partners for plant-based milk

Sproud, the Swedish maker of a range of plant-based milks has raised £4.8M from growth capital investor, VGC Partners. 

The investment will be used to grow Sproud’s team, accelerate the brand’’s distribution and brand building activities in the company’s core markets - including the UK, US and Canada  - and for further development of its plant-based and 100% vegan product offering. 


20th January 2021

Low alcohol startup Cleanco raised £7m cash injection

British premium low-alcohol spirits startup, CleanCo, has secured £7 million funding as investors and consumers reveal an insatiable thirst for hangover-free drinking. The latest investment takes the total now raised by the business to £9.1 million.

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