Haughton Honey extends crowdfunding campaign as investment passes £52k

A Cheshire-based honey company has extended its £80k crowdfunding campaign after experiencing a high number of investor inquiries.

To allow more supporters to get involved with the five-figure bid on investment site Crowdcube, Haughton Honey has pushed the deadline to midnight on May 27.

So far, over 100 investors have pledged around £52k of the £80k total.

Haughton Honey’s founder, Crispin Reeves, said: “We’ve had a flood of inquiries from potential investors seeking more details and in order to process them and allow them time to consider the investment, we’ve extended the deadline for investment by two weeks.

“I’ve been delighted to see so much interest in investing in Haughton Honey and in helping us to expand and meet the growing demand for our pure, raw honey.”

With the £80k boost, Haughton Honey intends to expand its network of bee farmers.

Since its launch in 2014, the company has expanded steadily and secured contracts with a number of regional and national retailers, including supermarket chain Booths and the Alliance Boots-owned nutrition brand The Protein Works.

Last year, Haughton Honey sold more than 8,000kg of honey, but in 2016 that figure is forecast to more than double.

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.