Cold-pressed juice manufacturer Daily Dose has reached out to the crowd for £300k investment to triple production.
The food-to-go and convenience supplier is raising the funds on a CrowdCube campaign for a cash injection to support a move to expanded facilities in Park Royal at the end of 2018.
Daily Dose produces organic and healthy juices from UK-sourced wonky fruit and vegetables, and is on track to hit £1.28m in sales by the end of 2018.
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The Battersea-based business, which raised £125k in a 2016 crowdfund campaign, is offering 10.7% equity for the £300k to investors, at a £2.5m pre-money valuation. It has raised 90% of its target to date.
Funding will be used to support automation and an increase in production at the new £1m manufacturing facility, which will allow the supplier to make around 350,000 bottles each month.
The brand is stocked in 150 stores as well as running a store concession in Mayfair and forecasts to be in 359 sites within 12 months.
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