TRIBE, the natural energy snack brand, has raised £2.4m in a funding round led by Mercia Ventures and including Yeo Ventures, Crowdcube and private investors.

The funding, which comes as the company launches its new ‘Protein + Focus' range with lion's mane mushroom, will enable it to continue its rapid growth and make seven new senior appointments.

Dog-welcoming coffee shop business with premises across South Wales and South-West England is set to grow following a £1.7 million investment from the Development Bank of Wales in a deal advised on by Grant Thornton Corporate Finance.

Virtue Drinks, the UK's fastest-selling clean energy drink, has closed a £2m investment round, bringing its total funding to over £5m. This latest round includes investment from Eberechi Eze, Premier League footballer and England international, and James Watt, co-founder of BrewDog.

Bevvy.com has completed a further £1 million funding round led by Scotland's most celebrated rugby icons, including Pierre Schoeman, Duhan van Der Merwe, Hamish Watson, Ben Healy, and Magnus Bradbury.

Founded in 2021 by Laurie Black and Lucas Heron; the pioneering whisky app innovator has transformed the way whisky lovers connect, discover, and appreciate the world of whisky, attracting users from more than 70 countries. The latest ‘stretch' round also received further 6-figure backing from a notable U.S.-based investor, known for his influence in the sports and whisky investment space. Bevvy's cap table now boasts some of the biggest names in global whisky, from sporting stars through to F1 bosses and C-suite whisky executives.

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.