Queensland’s 4 Brothers Brewing has closed its debut equity crowdfunding round without reaching the minimum investment targets, highlighting the difficulties with crowd-sourced funding campaigns.
Following last month’s announcement by Melbourne-based Dainton Brewery to launch an equity-based crowdfunding campaign, the brewery yesterday confirmed the campaign is now live.
Melbourne’s Dainton Brewery is the latest craft brewery in Australia to announce its intention to launch an equity-based crowdfunding campaign.
Pete and Matt were on the road to the Sunshine Coast last week. They sat down to discuss what it means for a beer to be truly local and Endeavour hitting its crowdfunding target.
Australian equity crowdfunding platform Birchal has responded to criticisms of the investment vehicle raised in the UK, saying they did not apply to the Australian market.
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.