An entrepreneur who makes millions from selling crêpes is adding another £2 million to his recipe for expansion.
Crêpeaffaire, which was founded by Daniel Spinath, above, ten years ago, raised the funds from BGF, the bank-owned venture capital investor, which said that it had acquired a minority stake in the business.
Crêpeaffaire sells sweet and savoury crêpes, waffles, coffees and smoothies and had sales of more than £5 million last year.
It has expanded from a single site in London to further outlets in the capital, as well as in Leeds Birmingham, Cardiff and Newcastle. There are also stores in Kuwait, Saudi Arabia and the Netherlands and the company has plans to grow both at home and abroad.