Gold Coast-based Black Hops Brewery is the latest Australian brewery to announce an equity crowdfunding campaign.
Following its October announcement that it would launch an equity crowdfunding campaign, Endeavour Brewing Co today went live with its public brew raise.
Sydney’s Endeavour Brewing Co yesterday announced its plans to launch a crowdfunding equity campaign set to be an Australian brewery first.
Equity crowdfunding by breweries overseas has been effective overall, despite some high profile failures, according to Pozible.
New Zealand’s Renaissance Brewing achieved a 40 per cent boost in revenue off the back of a successful equity crowdfunding initiative last year.
It’s not surprising that beer drinkers are becoming suspicious of crowdfunding says UK beer writer Pete Brown.