Edinburgh’s Bellfield Brewery, which claims to be the UK’s only dedicated gluten-free microbrewery, has raised £430k to fund its ongoing expansion.
The brewer’s existing operational team will now work full-time, while a new sales manager will be appointed.
It will also invest in developing new products and formats. Bellfield produces its beers using gluten-free recipes, rather than ‘de-glutenising’ its beer using enzymes. Mintel predicts the gluten free beer market will grow to £673m by 2020.
‘We already know from our first year in business that there is considerable demand for our products in the UK and beyond,’ director Marie Brown said.
‘We’ve already delivered on our ambition to produce beer that stands up to anything in the market and we’ve secured listings with many of the leading food and drink distributors and wholesalers in the UK. We will now invest to grow our sales and operational team to build on the opportunity and grow our range of beers.’
The investment was led by the Equity Gap and supported by the Scottish Investment Bank, the investment arm of Scottish Enterprise, alongside existing shareholders including those that backed the brewer’s original 2015 fundraising on Crowdcube.