Dairy free ice cream brand Coconuts Naturally seeks the crowd
by Startacus Admin
Award-winning Cornwall-based dairy-free ice cream brand, Coconuts Naturally, announces big ambitions for 2019, kicking off with a crowdfunding campaign on leading European equity crowdfunding platform Seedrs, from which investment will support the company’s expansion into a leading UK supermarket and beyond.
Launched in 2015, the business achieved more than 100% sales growth every year in its first three years, partly thanks to the exploding customer appetite for vegan products. The company is now seeking a £100,000 investment through crowdfunding, based on a pre-money valuation of £1.35m, with the Seedrs campaign going live on Monday 28th January.
Along with continuing growth in the vegan sector, Coconuts Naturally is ideally positioned to take advantage of other major growth areas in the UK food industry, including growing demand for organic food.
Coconuts Naturally was featured on BBC Dragons’ Den last September, during which Peter Jones described the natural, non-dairy ice cream as ‘exceptional’. Founder Cecily Mills received two offers, accepting an investment from Jenny Campbell that she ultimately turned down following filming.
Coconuts Naturally is predicted to sell £150,000 worth of ice cream by the end of this financial year, which is 
set to soar to £2.3 million next year (2019/20), thanks to a major UK supermarket launch into more than 600 stores.
Cecily Mills, Founder of Coconuts Naturally, commented: “Following my appearance on BBC Dragons’ Den and the incredibly difficult decision to turn down Jenny Campbell’s investment offer, the business has grown from strength to strength, with 2019 set to be our biggest year yet by far. Securing this additional investment through crowdfunding will allow us to expand our team in order to fulfil our ambitious growth plans, while still remaining loyal to our roots.”
If you like organic and vegan themed startups, you might want to read about:
Vegan food business The Brook tastes crowdfunding success.
Healthy Nibbles wants you to nibble healthily.
Time to Start Eating Allplants.
Interested in raising investment for your tech startup?
Startacus are currently partnering with Seedrs - the equity crowdfunding platform with the industry's best funding success rate (74%) and who supported 186 businesses raise £195m in 2018. if you are currently at the stage of looking to raise investment, email alastair@startacus.net and we can assess if you are a potential good match for an intro call with Seedrs.
Investing carries risks, including loss of capital and illiquidity.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
.jpeg)
Even if you're doing it all yourself for now, here is an overview of the key operational areas that your business ought to have
.jpeg)
Ensuring that employees feel like they're valued is vital for all businesses - here are some basic tips on how you can ensure that you do just that
The lowdown on Housemates, the Manchester-based startup that's on a mission to make securing student accommodation easier than ever before
Proximie is a platform that uses artificial intelligence, machine learning and augmented reality to enable clinicians to collaborate virtually
New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals
The accolade this week goes to MyPlasticDiary, an innovative app which will enable you to track, understand and reduce your plastic footprint
The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers
The lowdown on the Japanese robotics startup that has created Qoboo, a therapeutic robot in the form of a cushion with a tail
The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning
10 startups solving challenges the aerospace sector faces are selected for the latest ATI Boeing Accelerator. We took a look at the cohort
Published on: 25th January 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Where are the UK’s most ambitious people in 2021? 21st Jan 2021 New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals
- No-Code Chatbot Builder Landbot Secures $8M Series A 20th Jan 2021 The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers
- Supporting disadvantaged children with their online learning 19th Jan 2021 The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning
- Insurtech startup, Nayms Closes £1.5m seed round 15th Jan 2021 Major seed investment secured by the innovative Insurtech startup Nayms to assist with developing further pilot programs and building its customer base
