CRAFT brewer BrewDog has passed the £5 million mark in the latest round of its record-breaking crowdfunding scheme, Equity for Punks.
Beer fans across Europe clamoured to invest in the firm, which is valued at more than £1bn. More than 9000 new investors bought shares in the brewery, joining its existing community of more than 50,000 Equity Punks.
Based in Ellon, Aberdeenshire, BrewDog has raised £41m from previous rounds and is aiming this time for another £10m, with a stretch goal of £50m to further its global expansion.
This includes the building of new breweries in Australia and Asia, the opening of 15 craft beer bars in the UK, increasing the capacity in its UK brewery, and the launch of a dedicated sour beer facility named The Overworks.
The firm said it is closer to a launch date, with materials and equipment currently being fitted. Around £3m of the money raised by Equity for Punks V will be used to equip the state-of-the-art facility, which will produce an array of sour and spontaneously fermented beers. More details about Equity for Punks can be found on the BrewDog website at httwww.brewdog.com/equityforpunks
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