The founder of alcoholic oat drink cocktail Panther M*lk is gearing up for expansion and targeting revenues of £1m in 2023, following talks with a number of UK retailers.
Paul Crawford, who appeared on Dragons' Den in March, is planning an increase in production volumes next year, from hundreds of bottles per month to potentially tens of thousands, in response to rising demand.
The Glasgow-based business recently received a £17,500 loan through the British Business Bank’s Start Up Loans programme and Transmit Startups and expects to launch a Series A fundraise early next year to help fulfil order volumes.