The founders’ company, Shorts Boy Distillery, launched The Tidal Rum as an investment product on the Seedrs crowdfunding platform with the aim of raising capital to invest in sales and marketing.
The business partners were aiming to raise £150,000 but they have already raised more than £185,000 with 12 days of the funding round left.
But they still want to attract investment and are now aiming for £250,000 investment total.
Pictured: The Tidal Rum founders Ben Clyde-Smith and Harry Coulthard.
“We’ve been really pleased with the interest, which will allow the business to grow further,” said Mr Coulthard. “The money will support us in a variety of ways, from investment in packaging and sales and marketing including our ecommerce proposition, to increasing the distribution network and new product development.”
As well as Mr Clyde-Smith’s local roots and the role of pepper dulse, there are other strong local connections with Tidal Rum – the artwork is designed by a Jersey creative agency, Ben’s brother Phil is a filmmaker who shoots the promotional videos, and the gin is stocked at a number of local hotels, bars, restaurants and wholesalers.
Former resident, Old Victorian and celebrity wine critic Olly Smith is also a fan, describing the rum’s taste as “incredible”.
The spirit recently was named top rum in the Gentleman’s Journal Drinks Awards for 2021.
Describing the drink as “the surprise of the day”, the judges said it was a very, very worthy winner of the category. The £35-a-bottle rum beat the £350-a-bottle Havana Club Tributo runner-up.