The bottled cocktail producer has secured capital to scale its operations and expand its market reach.
"Tom and Paul delivered an excellent pitch with a clear route to market and unique positioning. The ACG team were delighted to be able to present this brilliant company to the membership and we’re excited to them to scale and grow"
The Development Bank of Wales has backed dog-welcoming coffee shop chain Coffi Lab with £1.7m to accelerate its regional expansion.
"The investment we’ve had from the Development Bank of Wales means we’ll be able to leverage our investment, speeding up our roll out to bring our Labs to even more communities across Wales and beyond."
The seed round was led by SuperSeed with participation from Zenith, Ponderosa and The First Thirty.
"Dan and David had clearly spent a long time working backwards from the problems to arrive at a very sophisticated, elegant solution. Their approach to data standardisation and connectivity is groundbreaking and has the potential to reshape how the global food system operates. We are enormously excited to partner with Cerve as they continue to transform this industry."
The funding was provided by the Development Bank of Wales to support the establishment of a new deli, café, and bakery in Southgate.
"I love food and I love this beautiful corner of Wales so the opportunity to open my own deli, café and bakery in Southgate is a dream come true. However, starting a hospitality business from scratch can be expensive so we needed funding to make it happen. The support from the Development Bank has made all the difference as I couldn’t have done it without them."