ReBorn has raised over £400,000 in investment on the Crowdcube platform to fund its next stage of growth.
The sustainable housewares brand set a target of £400,000 for investment and has raised £412,291 on the online investment platform, CrowdCube.
ReBorn, which initially launched exclusively through John Lewis, now sells online and via NEXT, Dunelm, Amazon, B&Q, Wayfair, Debenhams, BuyMeOnce and more.
The company wanted to raise the funds for the next stage of its development in creating circular housewares. The pitch page outlined the funding was needed: ‘To accelerate UK market penetration, launch our bathroom product range and with plans to expand into EU markets.’
Ceo and founder, Brian Walmsley, said in a LinkedIn post: “Thank you so much, you awesome people for overfunding the next stage of growth for ReBorn Homewares at Crowdcube.
“I was VERY nervous when we set the target at £400k – but thanks to more than one hundred new investors, we’ve now smashed this target.
“THANK YOU to everyone who invested in the business. Together, we can create a world without waste. A world where anything discarded can be transformed into a useful, desirable product. And to help create a lower carbon, circular economy.”
