SpiceBox launches crowdfund to fire up expansion
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Founder Grace Regan opened her first permanent restaurant in Walthamstow in January and is now looking to launch a second site.
Since the crowdfunding campaign went live on Seedrs this morning (7 October) SpiceBox has already raised over £270,000 towards its £275,000 target.
Regan believes the concept has the potential to become “the UK’s leading curry house brand” and is aiming to expand in to market towns outside the M25.
“London is a very crowded market and the rents are ridiculously expensive,” says Regan.
“After years of generic brands dominating high streets across the UK, we’re finally seeing a market adjustment.”
Regan came up with the idea for SpiceBox whilst working in Silicon Valley on audio journalism start-up Clippet News. She moved back to London and turned her house in to an Indian takeaway, before starting on the street food circuit with Kerb in 2016.
SpiceBox serves plant-based dishes such as jackfruit jalfrezi; a tikka masala made with soy-based ‘chick’n’; and ‘shroom keema.
The restaurant does not offer home delivery, but instead runs a takeaway scheme that provides locals with resusable tiffin boxes.
To view SpiceBox's Seedrs page click here.