British butter brand All Things Butter has closed a seed funding round, securing £2.2 million of investment six months after the brand’s launch.
All Things Butter was launched in November 2023 by co-founders Thomas Straker and Toby Hopkinson, with the aim to “disrupt the traditional heritage-led dairy industry”. It said it was the first chef-led approach that introduces a flavour range, puts British farming “at the forefront” and donates 1% of its revenue to a farming charity.
The funding round follows successful launches in Sainsbury’s, Asda and Ocado, and the brand aims to roll out its products into additional national retailers while establishing an international supply chain.
Conducted earlier this year by co-founder Toby Hopkinson and advisor Gavin Youll, the raise was led by private equity firm Access Industries, and further supported by investment firm Active Partners.
The latest investment follows a round of pre-seed funding in September 2023 of over £530,000.
Alongside supporting UK distribution, the investment is earmarked by the brand to open an international supply chain to reach American and Middle Eastern markets. The brand said it would also look to expand its product portfolio for 2024, comprising of a range of four butters (Salted, Unsalted, Garlic & Herb, Chilli).
Co-founder Toby Hopkison said: “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!”
