Monday 9 May 2016 3:15 pm

Sports car manufacturer Zenos Cars aims for £750,000 crowdfunding investment round

High-performance car maker Zenos Cars is looking to raise £750,000 through crowdfunding site Seedrs to fuel its expansion. 

The campaign, which got underway at the end of last week, has already raked in over £102,000, 14 per cent of its goal. 

Zenos has sold 100 cars, which start at £26,995, since the company was founded three years ago. 

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Zenos plans to use the cash to bring its next range of cars to the prototype stage.

Managing director Mark Edwards said:

We have proven that we can deliver on our promise to make thrilling driving experiences accessible to more people, and we are now ready to introduce the next exciting series of models.

This crowdfunding drive fits in perfectly with our ethos of inclusion, as it gives fans of exhilarating sports cars a chance to get involved in the next chapter of the Zenos success story.

Production of the company’s first car, the mid-engined E10, began in January 2015 and is now on sale in the UK, US, France, The Netherlands, Belgium, Japan, China, Switzerland and Italy.

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Last month, Seedrs announced that it has had more than £100m invested on its platform since launching in July 2012.