A lot Higher Adventures lands £5M for know-how and new locations

Journey journey specialist A lot Higher Adventures (MBA) has acquired a £5 million funding from Gresham Home Ventures.

United Kingdom-based MBA, which was based in 2012, has tripled its income up to now two years, a launch stated.   

The corporate plans to make use of the funding to additional develop its platform, convey its providing to new locations and enhance its worldwide presence.

“We began A lot Higher Adventures within the French Alps, impressed by our shared ardour for the outside and a perception that journey might be a drive for good,” stated Alex Narracott, co-founder and CEO.

“From these early days, we’ve been pushed by a daring imaginative and prescient: to create the world’s main platform for energetic, sustainable journey journey. Right now, we’re proud to have constructed a world neighborhood of adventurers who search extraordinary experiences – and care about having a optimistic impression within the course of. With Gresham Home’s help, we’re excited to speed up our worldwide progress, broaden into new locations and convey our mannequin for journey to much more folks all over the world – whereas persevering with to guard the wild locations that encourage us.”

“MBA has developed a particular proposition which appeals to shoppers in search of out sustainable, energetic journey experiences. With a trusted repute and consumer-centric method, we imagine the enterprise is well-placed to proceed on its spectacular trajectory and capitalise on a lovely international market alternative. We’re very excited to be backing Alex Narracott and his staff and supporting their worldwide growth plans over the approaching years,” stated Greg Blin, funding accomplice at Gresham Home Ventures.

MBA has additionally had success with crowdfunding up to now having raised £1.5 million in late 2017.