Struggling burger chain, Byron has secured £10m as it tries to increase ailing sales figures, according to The Times.
The news comes after the business faced a punishing 2018 as it entered into a company voluntary agreement (CVA) and closed 19 restaurants.
Despite the fact that a deal was struck with landlords to cut rents and branches were closed, existing investors have had to sink more money into the brand.
The new cash injection will mean Byron can now refurbish restaurants to make them more attractive to former and new diners. The brand had already cut prices and revamped its menu.
The latest investment comes less 12 months after the chain secured £34.5m from Three Hills Capital Partners (THCP), the private equity firm and existing backer, which became the controlling shareholder as part of the restructuring.