Scotland-based Crucial Drinks has secured £2m to invest in expanding its business operations.

The amount was raised from its existing shareholders, as well as through an extension of its loan from Clydesdale Bank.

The company intends to double its revenues by 2018, reported hearaldscotland.com.

"Our shareholders and bank share our ambition and vision to double the business by 2018."

This amount will help the drinks maker to chart out a strategy. It intends to bolster its The Lost Distillery company as well as its Six Saint’s brand.

The Lost Distillery produces whiskies, with Six Saints as its rum brand.

Headquartered in Dumfries House, near Cumnock, Crucial Drinks' products are sold in over 40 markets worldwide.

Crucial Drinks co-founder Scott Watson was quoted by the BBC as saying: “These funds are vital to us achieving the growth and scale we have planned to extend existing operations in Scotland, while meeting the increasing consumer demand for our artisan brands.

“Our shareholders and bank share our ambition and vision to double the business by 2018.”

The company intends to boost its presence in the European nations of Germany and France, Asia, and North America.