Mexican food brand Blanco Niño has now secured 90% of its requested crowdfunding target, with just three days to go until the campaign closes out.
The company is seeking investors to support the launch of a range of tortilla chips into supermarkets. The campaign, on Crowdcube, is looking for £300,000 in total.
Having sold over 15m corn tortillas to restaurants like Wahaca, The Restaurant Group and Casual Dining Group, Blanco Niño is now launching a range of premium corn tortilla chips into supermarkets across Europe.
Blanco Niño will be launching three flavours (lightly salted, chilli & lime and ancient grain) of all natural, gluten free, corn tortilla chips in 2019. The company has partnered with small scale, sustainable Mexican farmers to supply the corn for the tortillas.
The invsetment will be used to finance the purchase of packaging equipment, building modifications and brand launch support.
The business has successfully raised £1.6m since being founded. The company has also received the backing from a number of experienced investors and been validated by Enterprise Ireland and Bord Bia.
The window for investment will close at midnight, Friday 14th June. For more on the opportunity, see the Crowdcube site here.
Geraldine Karlsson, Co-Founder of Done Deal, commented on the investment opportunity: “I initially invested in Blanco Niño through crowdfunding. I loved the idea of their products which use only natural ingredients and felt there was a niche in the market for a quality product like this. Philip built a strong team around him and their passion, drive and growth of Blanco Niño gave me the confidence to invest further. I believe they will continue to do great things.”