CRAFT brewing sensation BrewDog has raised more than £1 million within two days of launching the latest round of it record-breaking crowdfunding scheme, Equity for Punks.

Beer fans clamoured to invest in the brewing firm which is valued at £1 billion, with upwards of 1000 new investors buying shares in the brewer and joining its community of more than 50,000 Equity Punks.

After raising £41m from previous rounds of the record-breaking initiative, in this latest round BrewDog is looking to raise £10m, with a further target of £50m to further its global expansion.

This includes the construction of new breweries in Australia and Asia, the opening of 15 craft beer bars in the UK, increasing the capacity in its British brewery and the creation of a craft beer TV network.

To mark the launch, BrewDog invaded London with a giant Trojan dog, filled with its flagship beer, Punk IPA. The 17-foot wooden construction was a metaphor for the invasion of the corporate world with a new business model.

As well as signalling the launch of Equity for Punks V, the giant dog dispensed Punk IPA to passers-by to toast the success of Equity for Punks.

This latest round of Equity for Punks is looking to raise £10m, with the potential to extend to £50m, by releasing 421,052 new B shares.

The initiative will run for an initial three months, closing on January 15. Shares cost £23.75 each and are issued in blocks of two.

BrewDog’s phenomenal success has seen its value increase by 2,765 per cent since 2010 and now boasts an 800-strong global team, 47 bars around the world, and two world-class breweries – in Ellon, Aberdeenshire, and Columbus, Ohio. Much of its growth has been supported by Equity for Punks, which has raised £41m since 2009.

The initial £10m will be used to build a new Brewhouse at the Ellon brewery to help fulfil volume demand across the UK and Europe.

Further investment will be used to develop its first sour beer facility, The Overworks, which will launch later this year.

The state-of-the-art facility will allow BrewDog to create a wealth of spontaneously fermented beer styles as it continues to push the boundaries of craft beer.