Jamjar Investments
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Jamjar Investments
JamJar Investments is a venture capital investment fund, headquartered in London, founded in 2012 by Richard Reed, Jon Wright, Adam Balon, and Katie Marraché (née Leviten). Reed, Wright, and Balon had previously founded FMCG smoothie brand Innocent Drinks, which was sold to Coca-Cola in 2013 for north of $700m. JamJar Investments provides investment to early-stage companies in the consumer technology and FMCG sectors. Previous investments include Farewill, Graze, Deliveroo, Tails.com, Babylon Health, Propercorn, Popchips and Simba Sleep Simba Sleep (also known as Simba) is a British online mattress group that was founded in 2015. It manufactures and sells mattresses, bedding and other sleep products in several countries, including the UK, Canada and China. Simba's retail partne .... In May 2017 Katie Marrache was announced Europe's youngest female VC partner. JamJar announced a new fund of £100m in April 22. References {{reflist External links JamJar Investments o ...
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JamJar Investments
JamJar Investments is a venture capital investment fund, headquartered in London, founded in 2012 by Richard Reed, Jon Wright, Adam Balon, and Katie Marraché (née Leviten). Reed, Wright, and Balon had previously founded FMCG smoothie brand Innocent Drinks, which was sold to Coca-Cola in 2013 for north of $700m. JamJar Investments provides investment to early-stage companies in the consumer technology and FMCG sectors. Previous investments include Farewill, Graze, Deliveroo, Tails.com, Babylon Health, Propercorn, Popchips and Simba Sleep Simba Sleep (also known as Simba) is a British online mattress group that was founded in 2015. It manufactures and sells mattresses, bedding and other sleep products in several countries, including the UK, Canada and China. Simba's retail partne .... In May 2017 Katie Marrache was announced Europe's youngest female VC partner. JamJar announced a new fund of £100m in April 22. References {{reflist External links JamJar Investments o ...
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Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ...
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Simba Sleep
Simba Sleep (also known as Simba) is a British online mattress group that was founded in 2015. It manufactures and sells mattresses, bedding and other sleep products in several countries, including the UK, Canada and China. Simba's retail partnerships include John Lewis and Argos in the UK and Sleep Country stores in Canada. History Simba Sleep was co-founded in 2015 in the UK by Steve Reid, James Cox and the McClements family. The name of the company was suggested by Cox as it was a pet name he used for his partner. Within the first year of the company's launch, Simba Sleep sold its first hybrid mattress within the UK. The company designed the mattress after analysing body profiling data from 10 million people around the world, in conjunction with the Sleep to Live Institute, and manufactured it in a factory in Derby, England. In March 2016, Simba raised £1 million in funding from investors including Sir John Hegarty, as well as Richard Reed, co-founder of Innocent ...
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Popchips
Popchips is an American brand of popped potato and corn products marketed as similar to potato chips. They are manufactured by processing potato starch at high pressure and temperature, in a process similar to that used for puffed rice cakes. History Keith Belling is a co-founder and CEO of Popchips which was created in 2007. Belling teamed up with Patrick Turpin, and created a new popped chip. The company created a chip that utilizes potato and corn products that are cooked at a high pressure and temperature. Turpin co-founded Popchips, Inc., and serves as its President. In November, 2015 David Ritterbush was named CEO of the company, replacing Paul Davis. Recognition The company was rated by Forbes as among America's top 20 most promising companies in 2011. Forbes also reported that investors in the company included Ashton Kutcher, David Ortiz, Jillian Michaels, and Sean Combs. Ashton Kutcher controversy Popchips received widespread criticism for their May 2012 video ad camp ...
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Babylon Health
Babylon Health is a digital-first health service provider that combines an artificial intelligence powered platform with virtual clinical operations for patients. Patients are connected with health care professionals through its web and mobile application. Their subscription business model for private healthcare services launched in the UK in 2013. They since expanded internationally to 17 countries including Rwanda and the United States. They also provide services in Cambodia, Hong Kong, India, Indonesia, Laos, Malaysia, the Philippines, Singapore, Taiwan, Thailand and Vietnam. The company covers over 20 million people and provides over 5,000 consultations per day. History The company was founded in 2013 by Ali Parsa, who was previously the CEO of the Circle Health hospital operator and investment banker. Babylon Health, formerly Babylon Health Services Ltd, is owned by its holding company Babylon Holdings Limited along with Babylon's technology branch, Babylon Partners Limi ...
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Deliveroo
Deliveroo is a British online food delivery company founded by Will Shu and Greg Orlowski in 2013 in London, England. It operates in the United Kingdom, France, Belgium, Ireland, Italy, Singapore, Hong Kong, the United Arab Emirates and Kuwait. It formerly operated in Germany, Taiwan, Spain, the Netherlands, and Australia. The company's 2021 report stated that it expected to reach break-even and become profitable in the latter half of 2023 or the first half of 2024. Its subsidiary operation, Deliveroo Editions operates ghost kitchens—kitchens not on restaurant sites—for the preparation of delivery-only meals. Deliveroo HOP operates from delivery-only grocery stores run by Deliveroo, working in partnership with existing grocers. Deliveroo also provides delivery and technology for on-demand grocery to major UK retailers. The company was first listed on the London Stock Exchange on 31 March 2021 as Deliveroo Holdings plc In 2022, in its first annual report since listing, De ...
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Graze (company)
Graze (stylised as graze) is a United Kingdom-based snack company which is owned by Unilever. Graze offers over 200 snack combinations through snack subscription boxes, an online shop and retailers. The company distributes thousands of snack boxes per day across the UK. Graze expanded operations to include the United States in 2013, launching snacks into US retailers in 2016. Graze includes sweet and savoury snacks. Many of the products are suitable for vegans. History Graze was launched in 2008 by seven friends brought together by Graham Bosher, the founder of LoveFilm. The company began delivering snacks including nuts, small puddings, and porridge across the United Kingdom. In November 2012, The Carlyle Group purchased the majority stake of Graze. Graze opened a distribution center in New Jersey in January 2013 to begin beta trials in the United States. Graze officially expanded into the United States by late 2013 and has offices in Jersey City, New Jersey and Manhattan ...
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Farewill
Farewill is a private company that provides will-writing, probate, and cremation services in the UK. Founded in 2015. It claims to be the UK's biggest will writer. Farewill is registered in England and Wales with the Law Society and was declared the National Will Writing Firm of the year in 2019. It is a B2C product but is also provided as a free service through a number of charities. History Farewill is a London-based company founded in 2015 by Dan Garrett (Co-Founder & CEO) and Tom Rogers (Co-Founder & CPTO). Garrett started the company after being inspired whilst designing new products for elderly residents in a care home in Tokyo. Dan Garrett returned to the UK and moved into the death industry, where he organised 15 funerals and gained a qualification in will writing, founding Farewill on July 24th, 2015 to "''make'' eath care''easier''". In 2016, following their seed funding round, Tracy Doree, angel investor and founder of venture capital firm Kindred Capital, jo ...
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The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant. The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as a "healthy tonic". Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. He developed the beverage as a patent medicine in an effort to control his addiction. In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in 2022) to A ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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Innocent Drinks
Innocent Drinks is a company that produces smoothies and juice sold in supermarkets, coffee shops and various other outlets. The company sells more than two million smoothies per week. Innocent is over 90% owned by The Coca-Cola Company. History Innocent Drinks was founded by three Cambridge University graduates: Richard Reed, Adam Balon and Jon Wright, then working in consulting and advertising. The three were friends at St John's College, Cambridge. In 1998, after spending six months working on smoothie recipes and £500 on fruit, the trio sold their drinks from a stall at a music festival in London. People were asked to put their empty bottles in a "yes" or "no" bin depending on whether they thought the three should quit their jobs to make smoothies. At the end of the festival the "yes" bin was full, with only three cups in the "no" bin, so they went to their work the next day and resigned. After quitting their jobs, the three struggled to find investment, but eventually had ...
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Smoothie
A smoothie is a beverage made by puréeing ingredients in a blender. A smoothie commonly has a liquid base, such as fruit juice or milk, yogurt, ice cream or cottage cheese. Other ingredients may be added, including fruits, vegetables, non-dairy milk, crushed ice, whey powder or nutritional supplements. History Health food stores on the West Coast of the United States began selling smoothies in the 1930s associated with invention of the electric blender. The actual term "smoothie" was being used in recipes and trademarks by the mid-1980s. In the 1960s Steve Kuhnau was inspired by his work as a soda jerk and began experimenting with smoothies. They were an alternative for the lactose intolerant Kuhnau to taste his own concoctions using unique blends of fruit juices, vegetables, protein powder, and vitamins. Kuhnau discovered early success in his smoothie sales and founded Smoothie King. Smoothie King expanded throughout the United States and would pioneer other smoothie busi ...
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