Carbon-negative rum distillery raises £150,000

Two Drifters, which claims to be the world’s first carbon-negative rum distillery, surpassed its fundraising target of £150,000 (US$197,200) in three hours. Two Drifters, which is based in Devon, UK, launched its crowdfunding campaign on Monday 9 November on Crowdcube. To date, the campaign has raised £181,910 (US$239,150) from 240 investors. Launched in 2019 by Gemma and Russ Wakeham, Two Drifters seeks to become the “world’s most established sustainable spirit”. Two Drifters produces British white…

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Avallen to launch £250,000 fundraising drive

Calvados producer Avallen Spirits is looking to raise £250,000 (US$316,000) through crowdfunding to support the next phase of its growth. Healthy Hospo founder Tim Etherington-Judge and wine and spirits specialist Stephanie Jordan launched Calvados brand Avallen in April last year. The duo is now looking to raise funds to allow the company to hire a head of sales and a marketing director, and complete a carbon assessment to become recognised as a carbon neutral brand.…

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