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American News, New York, NY, July 18, 2024: The Caribbean distillery, the world’s first award-winning island vodka handcrafted from breadfruit, has raised over $800,000 in crowdfunded equity funding on the Start Engine platform.
This breadfruit-based Caribbean vodka has raised more than $800,000 to date. (Photo by mutinyislandvodka.com)
Mutiny Island Vodka, the world’s first award-winning vodka handcrafted from breadfruit, has successfully raised $855,507.81 from 499 investors as of July 17, 2024, with a minimum investment of $495.60 or $4.72 per share.
Founded in 2017 by American-born chef Todd Manley, Mutiny Island Vodka operates out of the 20,000-square-foot solar-powered Sion Farm distillery on St. Croix in the U.S. Virgin Islands. The company, which is committed to zero-waste production, also offers turmeric vodka, chili vodka, and Puerto Rican coffee vodka. To date, the company has generated $5 million in sales.
Mutiny Island Vodka takes its name from the historic “Mutiny on the Ship.” According to the company, they blend breadfruit with purified Caribbean rainwater to create this unique vodka. Manley is a graduate and former graduate student of Virginia Commonwealth University and previously operated several restaurants, averaging $1.4 million in annual revenue per restaurant. After moving to the U.S. Virgin Islands, he opened several successful businesses and was named “Business Person of the Year” by the local Chamber of Commerce in 2015. He has also received a U.S. Congressional Award for his contributions to the St. Croix community.
In recognition of Manly’s breadfruit contributions, Manly was honored at the Global Breadfruit Summit in Hawaii in 2018 and 2022. Mutiny Island Vodka has also been recognized by the Trees That Feed Foundation for using breadfruit as a substrate to encourage the planting of breadfruit trees. The vodka was also featured in Forbes magazine, further solidifying its reputation.
Breadfruit’s history in the Caribbean dates back to the late 18th century, when the British introduced it as a cheap food source for slaves. Today, breadfruit is valued for its versatility, nutritional value, and climate adaptability. A new study published in the journal Current Biology highlights the crop’s potential to improve food security and sovereignty in the tropics.
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Breadfruit trees require little maintenance, can produce fruit for decades, sequester carbon, and require fewer resources than annual staple crops. “Under climate change scenarios, breadfruit trees should perform better than some staple crops and could be used in a variety of ways,” said Northwestern University’s Nyree Zerega.
Mutiny Island Vodka’s successful fundraising highlights the growing interest in sustainable and innovative food and drink products. The vodka is available at: mutinyislandvodka.com.
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