Stories
True Stories
News, events, case studies and podcasts from across the True community.
True exits Spirable after a thrilling, and hugely fruitful, partnership
Global Sports tech and data company Genius Sports has acquired data-driven marketing tool Spirable. It marks the end of our thrilling partnership with the data-driven marketing tool - where we invested first, and worked collaboratively to create the rapid growth that brought about this exciting new chapter.
True invests in Brawn
Brawn, the leading platform for strength athletes, has secured early stage investment from True along with a group of strategic private investors, including Nick Mitchell of Ultimate Performance, the leading global personal training brand.
True makes seed investment in Huboo
In the current climate, True’s investment will accelerate fulfilment technology Huboo’s growth by providing access to its retail and consumer ecosystem
True invests in men's make-up brand Warpaint
True has invested in men's make-up trailblazer WarPaint. The funds will be used to accelerate War Paint’s growth by strengthening the team whilst True's consumer insight will help support Founder Danny and the team deliver the brands ambitious growth plans.
True goes up a gear with $100m Zwift investment
True is extending its partnership with Zwift, as cyclists continue to flock to the platform and virtual fitness platforms grow in popularity. True teamed up with KKR to fundraise the latest $450m minority investment round.
Ethical and reusable nappy brand, TotsBots, acquired by Frugi
Frugi has acquired TotsBots, the environmentally-friendly cloth nappy company, and its sister brand, Bloom & Nora, the reusable sanitary products brand. With a growing consumer focus on sustainability and a rising interest in purchasing environmentally-friendly products, the acquisition will allow all three brands to further ingrain their purpose.
True successfully exits from City Pantry following acquisition by Just Eat
True was City Pantry's first institutional investor in 2015. It was from True's innovation Hub in Victoria, London that City Pantry grew its successful business. Its sale to Just Eat demonstrates it has led from the the forefront of consumer behavioural change and we wish the team the best of luck in the next part of its journey.
True to help Shell improve water efficiency in forecourts
Shell’s latest Innovation Challenge with True aims to find the most exciting businesses and ideas to help its 45,000 forecourts improve their water efficiency.
True invests in Soulfresh as the appetite for healthy food and drink choices grows
True has invested £26m in Soulfresh, a food and drinks brand that’s disrupting the market with alternative options for consumers focused on healthy and sustainable lifestyles.
True acquires leading ethical kids' apparel brand, Frugi
True has acquired a majority stake in organic kids’ clothing makers, Frugi. Frugi designs, manufactures and sells sustainably-sourced organic cotton apparel and accessories for babies, children and new mothers.
Johnson & Johnson Consumer Health works with True to find future-fit technologies and services
Johnson & Johnson has chosen to work with True to run its LaunchPad process, using its own international network of startups and investors to identify and filter market-leading solutions capable of adding value to one of the world’s largest consumer goods companies.
True Leads Consumer & Retail Trade Mission to New York
True co-hosted a consumer and retail trade mission to New York in collaboration with the UK Department for International Trade. Hoxton Analytics, Localistico, Mishipay, Spirable, ADAY, All Shades Covered, Placed and VITL all took part representing the breadth of businesses we invest in.
Marks & Spencer selects True to drive digital innovation agenda
M&S has partnered with True to draw on the breadth of True's community to access the latest innovative technologies and expertise from within the sector that can best support M&S’ digital ambitions.
True Bolsters Investment in maude, as part of $5.8M Series A Funding
To date, maude has successfully raised $10m over four rounds of funding - making it one of the most VC-backed sexual wellness personal care companies and True has continued to support maude with investment in its Series A round.
True to fuel retail innovation at Shell
With around 44,000 sites in close to 80 countries, Shell is the world’s largest mobility retailer and one of the largest single-branded retailers of any kind. True is collaborating with Shell to help enhance its customer experience through access to innovative technologies, products and startups.
True Invests in Modern Intimacy Brand maude
True, has invested in maude, a modern and inclusive sexual wellness company looking to destigmatise the sexual health category.
True’s Second Seed Fund hits £7 million at initial close
True has completed a first close of its second seed fund at £7m, exceeding its target. The fund is backed by a variety of True’s strategic stakeholders, including influential family offices and prominent business leaders from the retail and consumer sector.
Taking a bite out of the pet food market: True invests in Shameless Pets
Sustainable dog treats brand, Shameless Pets has selected True as an early stage investor to support the rollout of its retail offering and growth of its direct-to-consumer business.
Abercrombie & Fitch partners with True
Leading US retailer Abercrombie & Fitch has teamed up with True to help support innovation across its retail footprint and digital proposition.
True invests in premium sustainable paint company COAT
COAT, which has been carbon-neutral since launch, has secured funding from True alongside venture capital Trust Pembroke VCT who led the round. This new investment into the homeware category follows on from True’s recent £1m investment in D2C luxury bedding business Bedfolk earlier in the year.