Cheers!: Wine With Spirit Closes Seedrs Campaign With More Than £425,000 in Funds

Portugal-based winetech company, Wine With Spirit, has closed its equity crowdfunding campaign on Seedrs. The company launched the initiative earlier this year and originally sought to raise £400,000. By the campaign’s closing, Wine With Spirit secured £428,504.

Wine With Spirit is on a mission to bring to the market delicious, creative, and exclusive wines that each have their very own original story to tell. The company explained it does not produce wines just to go with meals, but it feeds “relationships” with wine. The company stated:

“At WWS we believe that emotions are closely linked to wine and we know exactly how to nurture that relationship. So, our wines are born from emotions and circumstances that tell us stories and inspire moments in the consumers’ lives that are meant to be shared, inspiring and strengthening a generation with spirit. Creators of Enotainment, a universe of sharing and interaction where entertainment and fun are at the base of a new way of drinking wine and of experiencing life, we were considered as the world’s most innovative winery at the 2014 Wine Business Innovation Summit, in Germany. Each of our wines challenge people in many ways and in different moments to let them be seduced by this feeling that goes far beyond the simple act of drinking a glass of wine.”

The company has also created LYFETASTE, which is described as a proprietary distribution platform for entrepreneurs. Wine With Spirit revealed:, our innovative proprietary digital distribution platform laying on an intelligent CRM responsive algorithm, allows anyone to easily become an Entrepreneur and have his own business with a small initial investment (from €30 to €3.500 with access to benefits from 15% to 50%).”

Funds from the Seedrs initiative are being used to strengthen and potentiate Wine With Spirit’s digital platform by further developing Lyfetaste’s intelligent algorithm and technological infrastructure in reporting, back office, logistics, transportation, and IT equipment. Another portion of the funds will be invested in Wine With Spirit’s world expansion of the network (focusing first on Europe).

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