By Sonya Hook | 08 February, 2021 Canned wine brand Hun has closed its first equity crowdfunding campaign 38 days early after exceeding its funding target. Hun, which claims to be the first canned wine brand to launch a crowdfunding campaign, initially aimed to raise £400,000 but this target was reached less than 24 hours after the public launch. This led them to set a new stretch target of £600,000, which was reached just over a week later. The funding will be used increase distribution across the UK, expand into new global territories and for new product development. The campaign received backing from 456 investors with 13% equity offered on a pre-money evaluation of £4million.