The Vurger Co reaches £300,000 in crowdfunding campaign – 66% above target
London: Artisan plant based burger company, The Vurger Co, completed a very successful crowdfunding campaign on 6th July raising £300,000 – 66% more than the brand’s target.
From market stall to festivals and pop up restaurants, co-founders Neil and Rachel started The Vurger Co in late 2016 whilst on the lookout for fast, natural plant-based food after suffering from persistent health issues. Now, The Vurger Co is a revolution in fast food, using the very best of vegetables, seeds, nuts and legumes all combined to create the ultimate plant-based burger. Following the success of their extremely popular pop up restaurant in Bethnal Green, East London, fans will be pleased to hear that the funds raised will help them to launch their first ever permanent site.
The crowdfunding campaign was launched on Monday 3rd July and within 30 hours the company had already reached its target, making it the fastest ever restaurant raise on leading crowdfunding platform, Crowdcube. The duo had set out to raise £180,000 in exchange for 23.08% equity and the campaign closed on 6th July having raised £300,000, allowing Neil and Rachel to raise the equity offer to 33.33%.
Neil and Rachel are thrilled with the result of the crowdfunding campaign and commented:
“We are extremely excited that we hit the £300k mark in just 77 hours, we just love that everyone has got behind our mission, believed in us and our team and understood how much of an impact our concept can have on the future of food! We cannot wait to start working on our permanent home!”