The Gwynedd wholesaler has raised debt financing from the Development Bank of Wales to transition its delivery fleet to electric power.
"We’ve grown over the years because we’ve always taken a long-term view of our business, and we’ve always tried to be sustainable. Not just because it’s good for the environment, but also because it can cut costs and allow us to pass those savings on to our customers."
The funding round was led by Mars Growth Capital with participation from existing backers.
"Reaching profitability while maintaining significant growth demonstrates the strength of our business model and our long-term vision. This success is a testament to the dedication and hard work of our entire team."
The seed extension round was led by Balderton and HV Capital alongside company founder Simon Beckerman.
"Since stepping into the CEO role, Marie has taken DELLI’s growth to the next level, and the momentum is remarkable. Doubling down on our investment was a no-brainer, and I’m excited for what’s to come. DELLI has been one step ahead of shifting consumer behaviours around food and drink, and as more and more people opt for quality, independent craftsmanship over mass-produced and ultra-processed products, I have no doubt DELLI’s growth will continue to soar."
The hemp beverage brand has raised six figures from former Dechra Pharmaceuticals CEO Ian Page.
"We’ve always believed in the potential of our products, and this investment will allow us to bring them to a much broader audience, particularly in the US. It’s an opportunity to build on our UK success and take it to the next level. We’re eager to embrace the opportunities ahead and make a lasting impact in new markets."
The funding from the Green Business Loan Scheme will help power the Anglesey salt harvesting and visitor centre.
"Given the amount of roof space on our saltcote and visitor centre at Tŷ Halen, having solar panels installed at the site to cut our carbon output and our energy bills was an obvious next step, and the support provided via the Green Business Loan Scheme was exactly what we needed."