Award-winning restaurant Stem + Glory is launching its second crowd funding campaign – this time to fund the opening of their third restaurant.
Having opened its first location in October 2016, in Cambridge, after a wildly successful rewards-based Crowdfunding campaign, Stem + Glory soon established itself, gaining top reviews across the board. Stem + Glory 2 followed by way of acquisition of an existing flourishing cafe in Cambridge city centre in November 2017, and now we're set for a third venue this year as founder, Louise Palmer-Masterton, is planning to open in London in July 2018.
To fund the opening, Stem + Glory has launched an equity crowdfunding campaign to raise £350,000 (for a 15% stake).
"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. Today (Monday 19th March) we go public – at 81% funded. All-in-all a fantastic endorsement of the rise of the plant based movement." Said founder Louise Palmer-Masterton.
Stem + Glory is a hip and trendy but accessible plant-based restaurant, serving delicious gourmet vegan food from locally sourced ingredients 100% made on site. Stem + Glory offers all day casual fine dining, fast breakfast, brunch and lunch, juices, smoothies and great coffee. All available to eat in or take away. Stem + Glory also offers mouth-watering and hugely popular tasting menu evenings and special event menus. The restaurants have an extensive vegan bar, offering the best craft beers and fine wines, alongside cocktails, mocktails and smart drinks. Find out more about the brand on its website.
It's another sign of the increasing popularity of vegetarian and vegan restaurants, something we recently reported on with Bryn Williams's new veg-focused restaurant opening in Somerset House, London, this spring. Read the article here.