Cabana, the Jamie Barber-led Brasilian barbecue restaurant chain, has begun its latest fundraising round as it looks to strengthen its openings pipeline, M&C Report has learnt.

The seven-strong company is looking to raise a further £5m to assist its goal of opening a further 15 sites over the next three years.

The group, which saw like-for-like sales in April 14% ahead of the previous year, is currently in talks on a site in Brixton, and has further units secured in Southampton’s Westquay Watermark scheme for 2016 and at the Watford intu extension for 2017.

The company will open at the Corn Exchange in Manchester this summer and hopes to add a further three sites by the end of the year.

Cabana is set to open at 201-207 Ferndale Road in Brixton, which would become its seventh site in the capital.

The company invested £1.5m in its last launch in Leeds Trinity, which marked its first move outside of London.

Last year, it raised £3m from shareholders including Saracens owner Nigel Wary, French Connection founder Stephen Marks and Zoopla and Lovefilm founder Alex Chesterman, to aid its expansion plans.