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.
Victoria brewhouse Holgate is looking to expand capacity to 2.5 million litres a year by investing in packaging and production equipment following a round of equity crowdfunding.
Liquor licensing regimes in Western Australia and South Australia are hindering companies thinking about equity crowdfunding in those states, according to industry players including law firm partner Jessica Patterson.
Toowoomba’s 4 Brothers Brewing is the latest brewery to look to equity crowdfunding to raise funds for its expansion in a $140,000 round hosted by PledgeMe.
Pete joins Matt up in Brissie ahead of the EKKA and to discuss the news of the week, and we’ve got bonus chats with BrewCon presenter Stephen Beaumont, and Paul Holgate on his decision to equity crowdfund.
Equity Crowd Funding is an increasingly popular way for small brewers to raise capital, but as UK experiences show it doesn’t always live up to its promise.
Beer consumers buying into Bucket Boys’ dream of the future for beer retail has seen the Sydney beer shop hit its minimum investment target on the first day of its equity crowdfunding campaign.
Melbourne’s Dainton Brewery is the latest craft brewery in Australia to announce its intention to launch an equity-based crowdfunding campaign.
Endeavour Brewing Co’s equity crowdfunding campaign closed last night with the Sydney brewery exceeding its minimum target.
Gold Coast brewery Black Hops has hit its fundraising target of $400,000 just six days after opening to the public.