Less than 18 months after raising $2 million in crowdfunding, Auckland-based Behemoth brewery is looking for additional capital as it aims to expand its empire.
equity crowdfunding
Endeavour records loss following equity crowd raise
Despite bullish projections during its equity crowd funding campaign, Endeavour Beverages has reported a larger loss in its first report following the process.
Brews News Week #267 Local Connection
This week on the podcast we look at how equity crowdfunding campaigns are doing one year on as well as the weeks beer news.
One Year On…equity crowdfunding
It’s been over a year since a raft of breweries made their debut with equity crowdfunding, including Dainton Brewery and Black Hops. We got in touch with the brewers to find out how the last 12 months have played out.
Devil’s Elbow cancels crowdfund
Devil’s Elbow has cancelled a proposed equity crowdfunding campaign “for a variety of reasons” including finding alternative private investors.
Devil’s Elbow launches equity crowdfund
One-year-old Dubbo brewery Devil’s Elbow is aiming for 1 million litres with an investment through equity crowdfunding on the Birchal platform.
Hawkers launches $1.1 million equity crowdfund
Melbourne’s Hawkers Beer launched a $1.1 million equity crowdfunding campaign today to fund a taproom development and increased capacity.
4 Brothers crowdfunding falls short
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.
Holgate Brewhouse crowdfunding raises over $700,000
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.
SA and WA licensing regulations restrict 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.