Less than four years after raising £1,765,482 through its widely popular Seedrs campaign, UK-based West Berkshire Brewery has returned to the equity crowdfunding platform with a mission to raise a minimum £750,000 in funding. The brewery is now offering 9.35% in equity, at a £7,271,000 pre-money valuation.
As previously reported, West Berkshire Brewery has produced a wide range of bottled, kegged and cask-conditioned beers and lagers. The company noted it is on a mission to deliver a “range of the highest quality beers that blend a respect for heritage, integrity and provenance with modern methods and styles.” The brewery explained:
“Founded in 1995, West Berkshire Brewery has transformed into one of the best-equipped breweries in the UK. In rapid growth, we are dedicated in our mission to deliver best-in-class beers of all varieties from heritage styles to modern craft beers accessible to everyone.”
The company noted that following its previous equity crowdfunding raise, it moved to its new brewery site and to a brewery designed to make small-batch beers at big scale.
“The business was founded to champion real ale in the resurgence of micro-brewing in 1995; this has evolved to acknowledge that there is no such thing as bad beer, only badly made beer, and our mission is to rectify this by focusing on producing lagers, IPA’s and Ales of the very best balance, flavour, drinkability and quality.”
Funds from the latest Seedrs round will be used for the following:
- Support the installation and commissioning of our Fridge Pack Machine, this machine packs bottles and cans into consumer-ready retail packs.
- The addition of this machine will augment the brewery’s line and in turn boost its capability to drive sales in the Off Trade, in its retail outlets, and will add further service to its contract customers.
- Support its marketing initiatives with its pub partners across the South of England
- Provide capital to enable any pub acquisition opportunities as they arise over the coming year.
Since its debut, the campaign has raised nearly £615,000 from more than 275 Seedrs investors. It is set to close mid-July.
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