HomeUSAThis Raises £4.7M in Seed Funding

This Raises £4.7M in Seed Funding

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This, a UK-based food startup, raised £4.7m in seed funding.

Backers included Backed, with participation from Five Seasons Ventures, Idinvest Partners, Seedcamp and Manta Ray Ventures.

The company, which has raised raised £5.6m in total funding to date, intends to use the funds to continue to expand operations and its business reach via partnerships with retailers and restaurants and expand its manufacturing capacity.

This offers plant-based chicken and bacon made of pea and soy, which currently are available in over 1200 stores around the UK.

The company had annualized revenue of £3m in 2019.

FinSMEs

20/03/2020

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