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Monday, November 18, 2024

Canned wine company The Uncommon secures £1.2 Million in funding for expansion

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UK-based canned wine company The Uncommon has secured £1.2 million in funding from existing and new investors.

The funding round, marking the winemaker’s most substantial single fundraising effort thus far, will facilitate scaling up production to meet increasing demand.

According to The Uncommon, it is the UK’s fifth-largest English wine producer by retail sales.

Henry Connell, co-founder of the canned wine brand, stated that when the company launched in 2018, it commenced with five tonnes of Bacchus wine. This year, they processed 400 tonnes, marking their largest harvest to date.

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“When we started in 2018, our mission was simple: to make the best possible English wine in this new sustainable and convenient format,” Connell said. “It had never been done before in the UK.”

He continued, “We’re in a unique position to be part of two growing categories: English wine and alternative packaging. Our steady growth is testament to the increasing thirst for quality within sustainable packaging, aligning with retailers’ drive towards net zero targets.”

“The funding signifies a resounding vote of confidence in our vision and will allow us to bring our unbelievably good English wine to more people.”

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SnackTeam
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