The Channon hive inventors pass $2.2m mark in crowdfunding
MORE than $1,660,000 was been raised in just six hours to help local inventors develop the Flow Hive, their device to make it easier to access fresh honey.
Now, a day and a half after father and son The Channon inventors Ceder and Stuart Anderson set out to raise $70,000 in an Indiegogo crowdfunding campaign - more than US$2.2 million has been pledged to help them.
That's 3176% of the funds they intended to raise - and there are still 41 days to go in the campaign.
"The response to our pre-publicity stunned us, but it was nothing compared to our crowd funding," Stuart Anderson said.
The Flow Hive has the potential to revolutionise bee keeping, and was launched in Canberra yesterday.
The great advantage of the device is that honey flows straight out of it, simply by turning a handle.
In normal hives honey extraction can be hard work involving smoking out and avoiding bees, as well as collecting, cleaning and replacing the honeycomb frames.
The Flow Hive comes with its own honeycomb structure that bees colonise and deposit honey in. The magic of the Flow Hive honeycomb structure is the man-made cells can be split down the middle, allowing the honey to flow away.
When empty the honeycomb is re-set and brought back together as one piece and the process can begin again.
Mr Anderson had an idea the funding launch might be the culmination of 10 years of research and development, but realises it is actually the start of a new phase.
Would you buy a flow hive?
This poll ended on 27 February 2015.
Yes - I already keep bees and it would make life much easier
Yes - I've never kept bees before but I'd love to have one in my backyard
No - Don't like bees, don't like honey
This is not a scientific poll. The results reflect only the opinions of those who chose to participate.
Satisfying the demand and delivering units already sold is now the priority for the business.
The money raised so far "is not in our pockets," but pledged for future production of the Flow Hive, he said.
The Flow Hive is currently being produced in Brisbane and this is expected to continue, especially to satisfy Australia and New Zealand demand.
Considering the international response to the device, it was possible a foreign factory would be opened to meet foreign demand he said.
There have already been offers to take a substantial stake in the Flow Hive business, he said.