Ägräs Distillery Finishes Invesdor Round With More Than €375,000 in Funding

Finland-based Ägräs Distillery recently completed its latest equity crowdfunding round on Invesdor. The company, which previously secured €200,000 through its first Invesdor campaign, closed the round with a grand total of €377,340.

Ägräs Distillery was founded in mid-2015 and 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 company shared:

“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. 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.”

Speaking about the campaign’s success, CEO of Ägräs Distillery Susanna Kankare, reportedly stated:

“It makes us happy that there are people thinking like us. That there are people who trust in our vision as much as we do. With the funds from the crowdfunding round, we’re able to make our production more efficient and hire new staff. The emphasis on international sales is also going to be significant.”

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. Funds from the latest Invesdor campaign will go towards the distillery’s growth and expansion.

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