Midlands-based timepiece start-up, Hagley West, has secured record-breaking funding.
In January it secured more than £360,000 in crowdfunding to realise its ambitions of taking the brand to the global marketplace.
Renowned to be the fastest-ever fully-funded quartz fashion watch business, the company’s December funding round also broke the record for the largest ever crowdfunding raise by a watch manufacturer.
Tim Hayden, CEO of Hagley West Watches, said: “When we founded Hagley West, our ambition was simple – to provide discerning customers worldwide with high-quality, eye-catching British timepieces without the unnecessary, over-inflated ‘big brand’ mark-up.
“Undertaking a second round of crowdfunding has enabled us to facilitate ambitious international growth plans and, in the future, will help us to further expand our range with a number of stylish new designs.”
Popular among the domestic and international cricketing community, Hagley West has secured backing from some of the world’s best-known players including JP Duminy, Carols Braithwaite and Tino Best. The company, which is co-owned by West Indies legend Chris Gayle, prides itself on these links and is committed to supporting the next generation.
Hayden added: “With almost 20 first-class county and professional cricketers having invested in the business, we wanted to give something back to the sport. By supporting the grass-roots level, we aim to inspire and support the talented players of tomorrow.”