On-line foodstuff market Yumbles seeks new investment

Yumbles, which attributes the ideal British foodstuff producers across the British isles, has developed speedily considering that launching previous 12 months &#thirteen &#13 &#thirteen &#thirteen &#13   Picture: Yumbles &#thirteen &#thirteen

The co-founder of common freelance operate site Men and women Per Hour and a previous Gumtree director are hoping to safe a 7-determine expenditure offer for their food site Yumbles.

Simos Kitiris and his spouse Katie launched the internet site last summer season, right after marketing their home in Barnes, south-west London, to shell out for the preliminary commence-up fees. They lifted some seed funds from Angel buyers late last year, but the up coming funding round is envisioned to arrive from institutional buyers.

Yumbles is an on the internet foods market that functions artisan goods made by independent foods producers in the British isles and overseas. There are now 150 producers detailed on the website, offering every thing from salted caramel marshmallows to normal seed butter.

Buyers either make 1-off buys or sign up to month-to-month subscriptions for their favourite stores. Yumbles has also recently launched a membership service known as The Foods Explorers Club, which delivers free of charge shipping and delivery on meals products and gives distinctive offers to members for £1.sixty a month.

Yumbles currently employs five men and women from its foundation in Hertfordshire. The investment capital will be employed to expand the team and to expand the quantity of food producers featured on the website.