Hop Vietnamese has raised more than three quarters (81%) of its £750k crowdfunding target, with 19 days still left to go.

The campaign on Crowdcube, which is currently only viewable to select investors, has so far raised more than £609k from a total of 61 investors, including former Eat and Pret MD Andrew Walker.

The five-strong London grab-and-go operator, led by Paul Hopper, is seeking to raise the funds to expand the brand further across the capital, namely its next site in the City, as well as launching digital screen ordering technology through Vita Mojo.

In his Crowdcube pitch, Hopper said the business was also in negotiations with a leading concessions operator about opening a number of Hop sites in travel hubs across the UK and was in early discussions with an operator of dark kitchens about expanding its delivery capabilities.

The business strengthened its team this year, appointing Josh Wyse as co-managing director. Wyse, who has been a non-executive director at Hop since the beginning, has previously held operations director roles at Tootsies and Dexters, and has carried out consultancy work for the likes of Dishoom, Franco Manca and The Real Greek.

The team also includes Martin Robinson, who is a strategic adviser for Hop. Robinson was previously chairman of Center Parcs, Wagamama, Casual Dining Group and is currently chairman of Burger King UK.

Hop achieved sales of around £3.8m in 2018, with EBIDTA of -£0.7m, and serves an average of 12k customers per week.