We are delighted to report that Water-to-Go have managed to raise over £293,000 from our crowdfunding campaign with Crowdcube. Over the past couple of months, we have been raising funds on the UK crowdfunding platform, Crowdcube, where investors could purchase equity shares in the business. By the end of the campaign, we had well and truly smashed our initial target and actually overfunded by 293%.
This isn’t the first time we have raised money on Crowdcube. Back in 2015, we worked with Crowdcube to help raise funds in order to put our hugely successful 50cl GO! bottles into production.
Crowdcube is an online platform that raises more for UK businesses than any other crowdfunding site so we were extremely excited to use them again in order to help expand our business.
Our campaign started in late November with the funding target of £100,000. Our target was eventually reached in mid to late December, with the campaign gaining more and more traction as we approached the new year. By the time our campaign came to an end we had raised an incredible £293,000, helped by raising over £100,000 in our last week of funding. We are very grateful to all our investors and those who have helped spread the word for helping us achieve this feat in under 2 months.
We were delighted to see so many people show interest in the business and for 635 investors to join our journey as we continue to grow and continue our mission. Together, they will be helping us to change the world one bottle at a time.
Looking forward, we are excited to implement our investment plans and further expand the business, with the aim of eliminating single-use plastic water bottles once and for all, whilst providing safe, clean drinking water anywhere in the world.
Make sure to keep following us and our journey via social media, our blogs and website to keep track of some of the exciting developments we hope to bring you later this year. To find out more about Water-to-Go and our future plans, take a look at our crowdfunding video.