TOSS, the Great Taste Award-winning dressing brand founded by sisters Grace and Sophie Devlin, has closed a £660,500 funding round backed by SFC Capital, SyndicateRoom and a group of food-industry angels, with the money earmarked for brand awareness, retail distribution and new product formats.
Frasers Group’s Hugo Boss stake has risen to almost 48 per cent after 17.6 per cent of investors accepted its £1.7 billion takeover offer — short of the majority needed to control the German fashion house.
Y1 Group has acquired Redbird Apparel in a seven-figure deal, creating a combined UK branded apparel business with more than £7.5m in annual revenue.
The UK Space Agency is funding 16 satellite communications projects with £13 million, from a ScotRail broadband trial to low-cost sensors for farmers.
Au Vodka sale: Sazerac, the US owner of Southern Comfort and BuzzBallz, has agreed to buy the Swansea vodka brand in a deal reported to be worth £500m.
The Anthropic IPO could value the Claude maker at more than $2 trillion, passing SpaceX’s record, when the AI firm lists in New York this autumn.
Frasers Group has bought Harvey Nichols out of administration in a pre-pack deal covering about 1,000 jobs, six UK stores and the online business.
Beyoncé has taken full control of SirDavis, the whisky brand she launched with LVMH’s Moët Hennessy in 2024, after the French group sold its stake.
Cambridge Aerospace has raised $300 million at a $3.4 billion valuation to expand its Skyhammer and Starhammer interceptors, two years after launch.
DRIVE35 funding of more than £47m has been awarded to 33 UK automotive projects, a round expected to leverage over £90m of total project investment.
Rare disease biotech investment has risen since the FDA renewed its Priority Review Voucher scheme in February, says SynaptixBio, but the UK trails the US.
The $55bn EA takeover by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners has closed, taking the games publisher off Nasdaq.
Volta Anthropic deal: the London start-up incorporated in January has agreed a $10bn data centre partnership and raised funding from Nvidia at $2.4bn.
Amazon’s market value topped $3 trillion on Monday after second-quarter results showed AWS sales up 36.7 per cent and a raised capital spending forecast.
Creditors owed £1.3bn have told Aston Martin they may sue to unwind its £550m HPS financing and block the transfer of branding rights to Authentic Brands.
