Butternut Box Secures £63M to Revolutionize Pet Food Industry
Deal News | May 23, 2025 | UK Tech Funding
This week's UK tech funding news highlights a slower week, with £99.8 million raised across nine investment rounds, marking a 57% decrease from the previous week. Among the highlights is Butternut Box, a subscription-based pet food company that secured a £63 million debt financing facility, indicating growing interest and investment in the niche food tech sector. Additionally, Rivan, a company focusing on synthetic fuel technology within the energy sector, raised £10 million, showcasing the ongoing interest in sustainable and innovative energy solutions. These deals not only demonstrate investment patterns within the UK tech ecosystem but also highlight current sector priorities, particularly in food technology and energy innovation.
Sectors
- Food Technology
- Energy
- Technology
Geography
- United Kingdom – All companies mentioned in the article, including Butternut Box and Rivan, are headquartered in the UK, indicating the regional focus of the funding activities.
Industry
- Food Technology – This industry involves the application of food science to the selection, preservation, processing, packaging, distribution, and use of safe food. Butternut Box operates in this sector with its tailored subscription-based dog food services.
- Energy – This sector is involved in the development and delivery of energy solutions. Rivan operates within this industry, focusing on synthetic fuel technology and innovative energy solutions.
- Technology – A broad sector encompassing companies involved in technological advancements and services. Both Butternut Box and Rivan are tech startups utilizing innovative technology to disrupt their respective industries.
Financials
- £63 million – Debt financing facility raised by Butternut Box.
- £10 million – Investment raised by Rivan for synthetic fuel technology.
- £99.8 million – Total reported UK tech investment during the week of 19 May to 23 May.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Butternut Box | Target company | Company | A subscription-based tailored dog food provider based in London. |
| Rivan | Target company | Company | A developer of synthetic fuel technology based in London. |
| Liquidity | Investor | Company | An investment company that provided debt financing for Butternut Box. |