Biff’s is a vegan comfort food brand led by an award-winning management team that had gained significant traction with their jackfruit burgers and jackfruit wings within the first 18 months of launching.
Seeking Cash to Fund Significant Growth Opportunities
As a fairly unique offering in the plant-based market, Biff’s were growing quickly. They had sprawling multi-site operations and were looking to launch a product arm of their business in response to a host of enquiries from on-trade and off-trade outlets.
The Founders and Commercial Director knew that they needed to move quickly to take advantage of this opportunities. They decided to raise investment to expand their team and build their brand through product development and marketing.
Looking for more than just money
Our YF Funding team worked with the Biff’s leadership to define the ideal investor group, taking into account the strengths on the existing management team. The capital itself was important but it was as critical to find added value investors who could leverage their networks in manufacturing and foodservice to help the team deliver their business plan. With our network of more than 600 specialist investors across both institutional and private capital, we were able to carefully select the best fit for Biff’s objectives.
We advised them on the right approach, prepared them for discussions and then led the process from investor search and approach to termsheet and closing.
Six figure raise from heavyweight FMCG veterans
The Biff’s proposition was strong, compelling and highly relevant which allowed them to secure a six-figure sum through our process. With this cash injection, Biff’s was able to launch their wholesale product nationwide and are now going from strength to strength including partnerships with Brewdog.
Looking to raise £500k+?
Our team work with the most exciting brands in the market, with a proven track record of scale. If you are looking for funding to take you to the next stage of your journey, speak to one of the team today.