USA: Vytala, a US-based food technology company dedicated to advancing nutrition, has announced its launch and the initial close of its pre-seed financing. For the past year, Vytala has been in stealth, recruiting a highly experienced executive team, refining its initial product formulation, putting in place key partnerships and preparing for commercialization. Its mission is now clear: Vytala will help people with GI diagnoses achieve their best health through the power of nutrition.

Award-winning Mallows Bottling is ramping up production with a significant seven-figure equity investment by the Development Bank of Wales that will more than treble capacity and create 18 new jobs.

Angel-backed company WineFi, the innovative platform for fine wine investment, has announced a partnership with Timeless Investments, a leading alternative asset firm. This collaboration offers expertly-curated fine wine collections to discerning investors, marking a significant milestone in fine wine investment.

Shuffle, a start-up hospitality investment platform, is committed to investing an initial £2.5 million into Manchester’s hospitality industry to fuel the continued growth of some of the city's most successful businesses.

Following a recent investment round of £1.5 million, Boundless has secured its position as the UK’s Number One Gut Health Bagged Snack. This successful raise comes from notable industry investors, including Graze co-founder Ben Jones and ex-Head of M&S Food. Despite the challenging landscape for female-led businesses in the UK, Boundless’ latest raise puts Founder & CEO Cathy Moseley in the top 10% of FMCG female founders.

Rockfish, the South West seafood restaurant group, has secured £1.25 million in equity financing from the British Business Bank’s South West Investment Fund (SWIF).

AB Akola Group has signed an agreement with Brite Drinks Ltd, a UK functional drinks start-up, to invest 450 thousand euros. Akola Group will receive a minority stake in the startup and a seat on its board.

South London-based start-up, B-Corp rated MOMO Kombucha has announced a £1million fund raise.  The brand is also rolling out to Gail’s Bakery nationwide, as well as to Riverford Organic and they have also taken Ocado’s top spot as best-selling soft drink and will achieve 150% revenue growth at the start of ’24, they should hit £3m in revenue this year, marking the boom in kombucha consumption.

Pioneering UK-based bio-tech business Clean Food Group has rasied £2.5 million from Clean Growth Fund, a climate-specific UK venture capital fund, providing UK cleantech entrepreneurs with the expertise and capital they need to reduce carbon emissions and tackle the climate crisis. This follows an earlier funding in 2022, which included a number of angel investors.

Mint Ventures as invested in the UK’s best-selling bone broth brand, Freja as part of their £2m fundraise to help drive international expansion and new product development. 

Oxford Innovation EIS Growth Fund 3 and the OION Angel Network have invested in Deep Planet, an Agri-tech start-up using AI technology to help winemakers and growers tackle the challenges of climate change.

Crossip, a Suffolk business creating a stir in the growing non-alcoholic drinks sector, has received investment from Anglia Capital Group, alongside New Anglia Capital.