Ashcombe advises Flight Club on a £15m growth financing

Ashcombe is pleased to announce that it has raised further growth capital for Flight Club, the technology led Social Darts concept. The new funding will support Flight Club’s rollout, including new venues in Manchester and Victoria, plus the development of its new concept Electric Shuffle.

Steve Moore, CEO and Founder of Flight Club, commented: “This is the third fundraising that Ashcombe have put together for us in the past 3 years. Right from the beginning, they understood our business and our long-term vision. Once again the Ashcombe team have structured a great financing for us from a group of industry experts and we look forward to working with them on an ongoing basis, as the advisers who have the best experience in this space.”

Marc Mansfield, Founding Partner of Ashcombe, added: “We have identified businesses with a social entertainment angle as some of the most exciting opportunities in the hospitality industry. Flight Club, with its proprietary technology and unique gameplay, is industry leading. This financing package provides the company the firepower to expand across the country and continue to develop other unique concepts. We look forward to watching their continued growth.”