Love Cocoa

James Cadbury. © Love Cocoa

Investments & Acquisitions

James Cadbury’s Love Cocoa Raises £4.25M in Round Led by Richard Koch

Love Cocoa, the UK-based chocolate company founded by James Cadbury, has raised £4.25 million from investor and bestselling author Richard Koch. The company will use the funding to open several new retail stores in London, increase distribution of its plant-based HiP Chocolate brand, and hire a new finance director and head of marketing. Love Cocoa and HiP are now said to have a combined retail value of more than £10 million, with over 300% growth achieved in the past two years. The company’s founder, who is a descendant of Cadbury’s chocolate founder John Cadbury, said Love Cocoa had previously been bootstrapped since it was launched in 2016. The business has rejected investments numerous times, including on the TV show Dragons’ Den, but Cadbury said on …

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