Innis & Gunn hit £1m crowdfunding target in 72 hours

Claire Dodd

Claire Dodd

07 November 2016

Scottish craft brewer Innis & Gunn has reached its £1m crowdfunding goal, just 72 hours after it launched the campaign.

Dougal Gunn Sharp
Dougal Gunn Sharp

The campaign, called 'AdventureCapital' saw the brewery sell 2% of its share capital, with investments starting from £10. It intends to use the £1m to fund brewery upgrades, expand beer production, and open an additional four bar/restaurants under its Beer Kitchen brand.

The investment platform on crowdfunding site Crowdcube is being kept open to give everyone who hasn't yet had a chance to invest the opportunity to still own a piece of Innis & Gunn and join their shareholder community.

Additional funds that are invested will go towards accelerating the programme of rolling Innis & Gunn's award-winning Beer Kitchens in England and North America.

Dougal Gunn Sharp, founder and master brewer said: 'The response from the public has been overwhelming. We did not expect to reach the target in such a short time, we are absolutely thrilled, and grateful to all of our investors so far – we can't wait to get started on this next chapter together.

'Making great craft beer has been at the heart of this crowdfunding campaign, so it's been excellent sharing our passions with so many investors. Every penny we raise is going to grow our potential to make even more great beer.'

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