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5th September 2019

Vegan cheese start-up wins The Seed Fund annual prize

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

Lewis Hamilton launches first international plant-based burger chain

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

Birmingham wholesaler adds spice to expansion plans following £1.5m funding package from Maven

 

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.

 

20th August 2019

Oxford spinout MoA Technology wins funding from Parkwalk and Oxford University Innovation

MoA Technology Limited, the crop protection discovery company, has secured £6.3m ($8m) Series A round to develop its unique crop protection discovery platforms in a bid to avert the global herbicide resistance crisis.

The funding round into MoA was co-led by Oxford Sciences Innovation, the world’s largest university venture fund, and Parkwalk Advisors, the largest EIS growth fund manager focused on university spinouts. Oxford University Innovation, the University’s innovation arm, assisted in spinning the company out in 2018.

19th August 2019

BDO Leeds advises Sukhothai on partial MBO

BDO LLP has advised the management team and shareholders at Sukhothai on its recent recapitalisation. Sukhothai, the Leeds-based Thai casual dining group operating under the Sukhothai and Zaap brands has used funding provided by HSBC to facilitate a partial-MBO from founders Gerrard Marks and Yupha (Ban) Kaewkraikhot by members of the current management team.

6th August 2019

Downing completes £5.7m exit from Upham Group-managed pubs

Investment manager Downing has exited from two freehold gastropub investments managed by Upham Group.

Both gastropubs – The Navigator in Swanwick and The Winning Post in Winkfield - have been acquired by Upham Group.

Downing first partnered with Upham Group in October 2015 and subsequently refurbished the gastropub locations, both of which also have letting rooms. Upham Group itself has 15 pubs located across Hampshire, Berkshire, Sussex and Wiltshire. Additionally, all of Upham’s pubs and inns feature a range of fine real ales brewed by Upham’s own brewery, also based in Hampshire. 

1st August 2019

Anglesey ice cream parlour, Red Boad, sails to expansion

 

It’s been serving the Anglesey community delicious gelato for the past 10 years.  Now more and more locals and visitors to North Wales are going to be able to enjoy the delights from Red Boat parlour ice-cream with more retail outlets opening and a new production hub, thanks to a loan from Development Bank of Wales.

 

3rd July 2019

Panoramic invests in premium snack company Freed Foods

Panoramic Growth Equity, a leading equity investor in fast growing, entrepreneurial UK companies, has announced that it has invested £1.5m of growth capital into healthy snacking company Freed Foods Limited, which provides a range of premium plant based gluten-free snacks made with natural ingredients.  Founded by David Ventura and Tomas Mesa, Freed Foods brands include Mister Free’d Tortillas, a range of vegan tortilla chips with innovative flavours and carefully selected super food ingredients.

27th June 2019

£3.5 million climate change fund established to shake agri-food sector

A consortium of leading scientific research and academic institutions has teamed to identify innovative solutions to tackle climate change linked to the agri-food sector.

The SHAKE Climate Change programme is specifically designed to attract entrepreneurs or start-ups who have developed early stage science or tech-based ideas that can have a significant impact on climate change, as well as form the basis of a sustainable and socially responsible business within the sector.

26th June 2019

High-end London baker Orée raises £425,000 funding

London-based bakery, Orée, has raised £425,000 through Angel Investment Network (AIN) the UK’s largest online platform connecting angel investors with startup businesses.

19th June 2019

Inverleith backed chocolate manufacturer Montezuma's makes senior appointments

A new senior executive leadership team has been put in place at Montezuma’s following investment from Edinburgh-based private equity firm, Inverleith LLP, last year.

13th June 2019

Ashfords advises Ocado’s £17m investment into vertical farming

Ocado has announced a £17 million investment into the vertical farming industry, including an investment into Jones Food, Europe’s largest vertical farm. The investment into Jones Food, represents one of the largest investments into a UK agritech company so far this year. Law firm, Ashfords, advised Guinness Asset Management, the majority shareholder of Jones Food, in the transaction.

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