Update: The London Jam Factory Increases Equity Offer As Crowdcube Campaign Nears Deadline

The London Jam factory 1

With less than two days until its Crowdcube campaign comes to an end, The London Jam Factory makes a move to reach the £130,000 target by increases its initiatives equity offer.

The London Jam factory 3Founded in 2014, the already award-winning company has produced over 90 flavors and even achieved a £60,000 last year.  The London Jam Factory crew revealed that it was created when founder Pierre-Louis Phelipot’s mother gave him her copper preserving pan. With a lifelong love of food and cooking, he started putting the pan to good use and experimenting with fruit, herb and spice combinations.

The company is looking to raising the funds so that it can increase production activity, develop its customer base and optimize its jam process. It is now offering 40% equity for those who are investing through the Crowdcube initiative:

The London Jam factory 4“After careful consideration and following discussion with investors, we have decided to raise the equity on offer to 40%. We have listen to investors concerns and agree to increase investors equities. This is another good reason to invest in The London Jam Factory’s future. We remain fully dedicated to this company and we believe that together, investors and the London Jam Factory’s team we can make a difference and build its great future.”

The London Jam Factory also announced it has been listed as one of the top 10finalist for the HSBC Elevator Pitch. The competition reportedly rewards the winning business £150,000 for the best startup growth strategy.

The campaign is set to close later this week.

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