Six months since its launch, flavoured British butter brand ‘All Things Butter’, co-founded by chef Thomas Straker and Toby Hopkinson, has closed a seed funding round, securing £2.2m of investment.
The round follows launches in Sainsbury’s, Asda and Ocado, and aims to support rollout in additional retailers and the establishment of an international supply chain.
The raise was led by private equity firm Access Industries and further supported by Active Partners, the investment firm behind LEON, Rapha and Honest Burgers. The round also had further support from Hollywood producers Josey McNamara and Thomas Ackerley, who produced last year’s biggest box office hit, Barbie and comedy thriller, Saltburn. The latest investment follows a round of pre-seed funding in September 2023 of over £530,000.
In addition to growing the brand’s UK distribution, the investment is earmarked to open an international supply chain to reach American and Middle Eastern markets. The brand is also looking to expand its product portfolio, which is currently comprised of four flavoured butters (Salted, Unsalted, Garlic & Herb, Chilli).
Hopkinson commented: “We are delighted to close our second round of investment to continue fuelling the growth of All Things Butter. At only six months since launch, we are incredibly grateful for the commitment from our new and existing investors which will allow us to accelerate our journey even further.
“We have a clear mission to bring heritage butter to modern foodies, showcasing that great butter can elevate everyday eating and even hold nutritional value. We have an exciting year ahead for All Things Butter, so watch this space!”