Just a little over a year after securing nearly €200,000 through its first Invesdor campaign, Finland-based Ägräs Distillery has returned to the equity crowdfunding platform and is seeking up to €350,000 (minimum of €100,000) for growth and expansion.
The distillery, which was founded in mid-2015, is headquartered, produces, and has entertainment facilities in Fiskars. Its production premises is notably on the banks of the Fiskars river, which covers 200 meters with a yearly distilling capacity of 150,000 liters. The premise also hosts its tasting room. The company’s first products, Gin and Akvavit, were launched in December 2016 and it announced its retailer partnership with Servaali Oy in February 2017. Sharing details about its growth since the last funding round, the distillery stated:
“Our journey was kickstarted thanks to the first crowdfunding round in 2015. We had a vision and with your help we were able to fulfill our goals. Most importantly, we launched our gin and akvavit at the end of 2016 and the maturing of our first whisky batch has begun. The sales have started well and Ägräs Gin was awarded bronze in March 2017 in the global ISC 2017. How did we do it? We’ve got something that the rest of the world doesn’t – vast Finnish nature, abundant with pure, fragrant herbs that are found in many of our spirits, giving them a character like no other. On top of that we’ve got a driven team. We have a common goal to provide the alcohol markets with new and exciting experiences. A few of us started one of the first microbreweries in Finland, Rekolan Panimo, nowadays Fiskarsin Panimo. Other members of the team include for example Fiskars’ person of the year 2015, wild herb and botanical professionals, as well as an award-winning international brand design agency. We all believe in hard work and exquisite spirit experiences.”
The company also noted that the previous campaign gave it a fair share of visibility:
“We’ve continued telling our story through our own channels and with the help of over 150,000 tourists that visit Fiskars annually. Despite our love towards the domestic markets, we truly believe that Finland needs a new player on the international spirit markets. As our humility is the soul of our craft, our ambition is the driver behind our global brand.”
The latest Invesdor campaign, which has already secured nearly €75,000 from over 35 investors, is set to close on May 28th.
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