Soft drinks investmentThis article was originally published in Foodnews
THE UK’s government-backed Angel CoFund has invested in a soft drinks business. Bristol-based Future Drinks, which makes healthy soft drinks, is one of five businesses across the UK to receive investment from the Angel CoFund, launched in November 2011. The full amount of investment for all five businesses totalled GBP7.2 million (USD11.5 million). Each successful investment in this funding round received between GBP360 000 and GBP3.6 million. Of the funding, GBP1.4 million came from the government and GBP5.8 million from investors.