As predicted1 Aug 2022 08:16
The Investment has been made in two parts, firstly £46,000 for 4.6 million shares in CFG was invested in a seed round in March 2022 and a further £125,000 for 1.25 million shares in CFG has now been invested in the "Friends & Family" funding round which raised a further £1.65 million and was led by Agronomics Limited, the AIM traded alternative proteins company with a focus on cellular agriculture and cultivated meat.
Following this latest round of funding, SEED will have a holding of 5,850,000 shares representing 5.38 % of CFG's total issued share capital, with an implied valuation of £585,000 based on the latest issue price