Batch Brewing Co is hoping to open a series of taprooms around New South Wales as a stepping stone to further expansion interstate. And it's hoping to achieve this through equity crowdfunding.
Since it became an option in Australia late last year, a number of breweries have launched equity crowdfunding campaigns. But none of them have been in WA or SA and, according to crowdfunding platform Birchal, that's because they can't.
Just six days after opening their equity crowdfunding campaign to the public, Black Hops have reached their maximum fundraising target of $400,000 – and broken a few records in the process.
As Endeavour becomes the first Australian brewing company to launch a public equity crowdfunding campaign, we look at the growing number of options on the table for brewery owners looking to build their businesses.
From brewing in a toilet to trophy-winning rising stars of the New Zealand brewing industry, it's been quite the ride for the three Matts behind ParrotDog. Jono Galuszka joins them as they settle into their impressive new Lyall Bay home.
In part two of our look at crowdfunding in the craft beer world, Will Ziebell seeks the thoughts of a provider, a supporter, a commentator and two people who've run campaigns on this increasingly popular method of raising capital.
Crowdfunding has become increasingly popular among both new and existing beer businesses. In the first of a two-part series, Will Ziebell speaks to crowdfunding platform Pozible and a brewery that has run a successful campaign.