Cass Entrepreneurship Fund backs growing wine merchant and events business
Humble Grape the latest Cass Entrepreneurship Fund to receive growth equity investment
The Cass Entrepreneurship Fund, Cass Business School's £10m in-house venture fund, has completed its latest investment into a promising growth business.
Humble Grape, a growing wine merchant and events business founded by Cass MBA alumni James Dawson, raised over £450,000 from the Entrepreneurship Fund and the Seedrs equity crowdfunding platform.
The funding will be used to develop a new retail space and expand the existing business, which services a variety of high-profile clients with wine events and merchant services.
Founder and Cass Alumnus James Dawson said:
"Humble Grape is an exciting and dynamic business in what is often a staid and highly conservative industry. We're delighted to combine the institutional investment from Cass alongside the popular and public funding support delivered through Seedrs. This growth funding will help us expand our existing services to more clients, develop a new retail space, and provide a genuinely novel and inclusive environment for customers to enjoy new wines."
Jane Reoch, Investment Director at the Cass Entrepreneurship Fund, said:
"James and his team have built a great business which Cass is proud to support. Humble Grape offers high quality events and wine merchant services to a range of corporate, retail and private clients. We are excited to support the company's next stage of growth. Humble Grape brings a novel retail experience to the market, which builds on the positive trends we're seeing in the retail wine sector."
To learn more about Humble Grape and sign up to their newsletter, visit their website here.