The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
IW Capital has announced a further £3m investment into Daily Dose, a UK-based cold-pressed juice and functional drinks company.
Daily Dose, one of IW Capital’s portfolio companies, plans to use the follow-up investment to fund the next stage of its growth. Founded in 2016, Daily Dose partners directly with British farmers to upcycle waste produce that would otherwise be thrown away. The company then turns it into cold-pressed juice sold under its own brand as well as through private label contracts.
Following IW Capital’s original investment in 2023, Daily Dose has reported rapid growth and several new contracts that have seen its products stocked at major retailers. The business has also acquired a new production facility in Corby, enabling the scale-up of its juice production operations.
The follow-up investment will facilitate the opening of the Corby site in full, in addition to accelerating marketing, sales and key hires.
Isobel Egemole, investment director at IW Capital, said: “As investors in the business, we’ve seen the extraordinary growth that Daily Dose have achieved to date, and we’re excited to be supporting the business for a second time in this next stage of expansion”. George Hughes-Davies, founder of Daily Dose, added: “The latest investment from IW Capital comes at an opportune time for Daily Dose as we expand, scale our operations and capitalise on the phenomenal growth we’ve experienced to date. We are making a number of significant hires across the business and we are well-positioned to continue the company’s fantastic growth trajectory.”