Bubble & Balm, a Leamington Spa, UK-based Fairtrade bodycare business, has raised £75k in growth capital on Crowdcube, the crowdfunding web-based crowdfunding platform that offers investors equity in small businesses.
Eighty-two investors each contributed between £10 and £7,500 to meet the funding target in return for 15% equity in the business.
The company intends to use the funds to extend its product range, expand its marketing efforts and partner with retailers including Waitrose, Oxfam, Planet Organic and a growing number of independents.
Founded by Managing Director Sue Acton, Bubble & Balm sells luxury soaps, which are made in the UK using a blend of natural plant derived ingredients, including coconut oil, glycerine and essential oils.
FinSMEs
21/07/2011