Treatt has completed a private placement of shares to raise funds to accelerate its US expansion and fund a UK site relocation.

The transaction included private placement of 5.3m shares to raise £21.73m ($28.96m).

Based in the UK, Treatt is a flavour, fragrance, and cosmetics ingredients supplier.

The Honey Pot Company plans to raise crowdfunding of $0.35m.

Founded by Beatrice Feliu-Espada, The Honey Pot Company is a US-based feminine care line products seller.

The funding is intended to be used to support the launch of its all-natural, sustainable tampon.