Less than a year after opening a $50 million U.S. production facility, Scottish craft beer makers BrewDog have embarked on a $10 million crowdfunding campaign to fund its U.S. expansion plans. BrewDog announced the campaign last week in a video in which founders James Watt and Martin Dickie drop stuffed cats from a helicopter on Wall Street in order to “openly mock the caricature of the Wall Street fat cat banker.”
After announcing plans last summer to open a Brooklyn fermentation facility, the founder of Stillwater Artisanal is attempting to raise $1.8 million via a revenue-sharing crowdfunding campaign and an equity sale for a new side project. Slated to open inside a 6,000 sq. ft. warehouse in Greenpoint this fall, the offshoot, called Production, will serve as an “experimental fermentation facility,” bar, restaurant, event space and music venue, Stillwater founder Brian Strumke told Brewbound.
Ian Schuster, the founder of Bay Area-based Schubros Brewery, is attempting to raise more than $1 million via equity crowdfunding to build a brewery in Tianjin, China. To do so, Schuster has formed the San Francisco East Bay Brewing Inc. (SFEBB) holding company and he’s selling 23 percent of the company to non-accredited investors through WeFunder, a Securities and Exchange Commission-approved third-party crowdfunding portal, at $250 a share.