The female-founded, organic and sustainable whisky distillery, exceeded its funding target in little over a week after launching the campaign on investment platform Seedrs. Further funding was injected from existing and new private investors, bringing the total funding to over £1.7m.
|The Nc'nean Distillery secures £1.7m in funding to help support its continued growth|
The investment raised will go towards supporting the launch of their first whisky this year, the continued growth of their innovative Botanical Spirit, as well as buying bottling equipment and supporting further portfolio expansion.
Commenting on the news, Annabel Thomas, CEO and Founder of Nc’nean, said: “Nc’nean’s funding success shows the overwhelming support from our community in what we do. We would like to thank our existing investors for their continued support and welcome all our new investors on board. Since inception, we have strived to drive change in the whisky industry through experimental spirits and sustainable production. 2020 will be our most exciting year to date as we introduce our whisky to the world for the first time and continue to grow our business.”
Nc’nean’s first product was a Botanical Spirit, a whisky-gin hybrid that showcases the distillery’s unaged whisky spirit as its base. Launched in late 2018, it was voted ‘Top 10 most innovative new spirits’ by The Spirits Business.
Posted by Steve Rush