Canteen Collective launches £400,000 investment round to aid expansion

Canteen Collective, a hospitality group with a focus on sustainability, has launched a £400,000 investment round to “help drive forward its ambitious growth plans”.

The London-headquartered business, which is on target to turnover £2.5m this year, has said it is set to more than double its revenues by 2025 as it expands.

Founded in 2019 by former British army commander Tim Grant. Initially opening in London’s Notting Hill district, the group has expanded, opening two further locations in the capital, including its flagship outlet in Putney, and one in Kent.

The company is involved in a number of net zero programmes including an initiative where it plants a tree for every kilo of coffee sold, offsetting 150% of its carbon footprint in the process.

Canteen Collective is also a member of the global network 1% for the Planet, contributing one per cent of its annual revenue to support accredited projects that tackle critical environmental issues.

Founder Tim Grant said: “Canteen Collective was founded as a triple bottom line company committed to People, Produce and the Planet. This is a core aim of the business that sits at the heart of everything we do.

“Our growth plans are entirely focused on expanding this mission, enabling the business to do more to promote sustainability while offering customers a great dining and socialising experience within our venues.

He added: “We’re delighted with the progress of the business which, despite the challenges of Covid, has been phenomenal and we are determined to achieve more on the back of this investment round.

“With a growing demand for high quality, ethically sourced food and drink and rising consumer expectations over hospitality providers committing to sustainable practices, we believe there is huge scope to expand the Canteen Collective brand across London, the South East and beyond.”