The Scottish beer craftsmen at Brewdog Brewery are currently in the midst of a £4 million equity crowdfunding campaign, offering 3.6% equity in exchange for funding from the crowd. The brewery recently announced that they have raised £3.7 million of that and the campaign is on it’s way to being oversubscribed.
In response, BrewDog is extending their target to £4.25 million and will effectively target the maximum raise allowed at this moment. (€5 million)
If you’re a clever canine and are doing your Christmas shopping early, how about buying someone shares in a brewery? http://t.co/Pcxt5F5EAU
— BrewDog (@brewdog) October 23, 2013
This isn’t their first time crowdfunding for equity. The brewery rather famously raised £1 million in 24 hours during their first raise.
In the midst of all this investor interest, BrewDog is expanding rapidly, including a new location in Stockholm, Sweden – the first international bar for the budding brand. They’ve averaged 167% Y/Y growth for the last five years.
The team plans to use funds in part to hire 50 staffers at all levels of the business.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!