When Castleton Mill in Leeds opened almost 200 years ago it housed steam-powered flax spinning machines. These days the former textile mill is part of another Industrial Revolution – the shift to plant-based food.
Category: Get Funded
Mike Ashley’s Frasers Group buys Studio Retail out of administration
Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m, saving almost 1,500 jobs after its shareholding in the online specialist was wiped out.
Fintech Founders attack government for inaction on closing funding gap
A body representing some of the UK’s leading fintech bosses has attacked the government for inaction in closing a significant growth funding gap in the sector, in a new report released today.
Investors have a big appetite for Gousto
Gousto, a UK meal-kit box service, has raised a further $230 million a month after sealing its unicorn status with a $100 million placing.
PrimaryBid, champion of small investor, raises £190m
A fintech company that enables ordinary investors to access corporate fundraisings has raised $190 million in new funding.
Sustainable deodorant firm passes the smell test with £5m funding round
A personal care start-up that created the UK’s first plastic-free refillable deodorant has closed a £5m round led by the founders of Innocent Drinks and LoveFilm.
Britishvolt secures £40m investment for electric vehicle battery factory
The UK startup Britishvolt has gained new investment worth £40m from Glencore in the latest stage in its ambitious plan to build one of the UK’s only large-scale battery factories.
Stationery start up Papier raises $50m to fuel global expansion
London-based stationery startup Papier has secured a $50m funding round as it looks to fuel a global expansion plan, the firm announced today.
Butcher’s Pet Care prepares for growth with new £43m funding package
Market leading pet food manufacturer secures new financing to support their next stage of growth
Vitamins business Vitl gets an additional £6.5m cash boost
A personalised vitamins business has raised £6.5 million from investors including Alex Chesterman, the founder of Zoopla and the New York-listed Cazoo, and Richard Pennycook, a former boss of The Co-operative Group.
Raymond Blanc’s restaurant group on the menu for £40m
The pub and restaurant group founded by Raymond Blanc is to step up the pace of new openings after changing hands for an estimated £40 million.
Insight pumps £100m into ThinCats partnership to spur SME recovery
Asset Management firm Insight Investment will pump £100m into a partnership with business lender ThinCats as they look to spur the economic recovery of SMEs amid difficult trading conditions.
UK-based financial tech firms won sevenfold funding rise last year to $37bn
Investment in financial tech firms in the UK grew sevenfold last year to $37.3bn (£27.5bn), according to KPMG, with London attracting more fintech funding than the rest of Europe, the Middle East and Africa (EMEA) put together.
Scotland’s leading impact investor launched £5M investment round
Scotland’s leading impact investor, SIS Ventures, is launching a second round of fundraising with the aim of attracting up to £5 million to scale up its support for Scotland’s high impact potential early-stage businesses.
New York Times buys Wordle puzzle
The online game Wordle, which went viral within weeks, has been bought by the owner of The New York Times in a seven-figure deal, barely three months after its creation.
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