Cambridge-based vegan café Stem + Glory is planning to open its first site in London as part of plans to bring the café “to every town” in the UK.
Following two openings in Cambridge – in October 2016 and November 2017, on the back of successful crowdfunding campaigns, the business has just embarked on a new funding drive on Crowdcube, and has currently raised 105% of its £350,000 target, with 28 days to go.
Founder Louise Palmer-Masterton is now looking to open in London in July 2018, as the brand gears up for a roll-out of the concept.
“We made 15% of our raise in the first three minutes, and were at 50% by the end of the first day - all from our own crowd whilst still in our private phase on Crowdcube. All-in-all a fantastic endorsement of the rise of the plant based movement,” said Palmer-Masterton.
Its original Cambridge site on Chesterton Road has seen turnover increase 84% year-on-year, as at January 2018.
