Batch Brewing Co is hoping to open a series of taprooms around New South Wales as a stepping stone to further expansion interstate. And it's hoping to achieve this through equity crowdfunding.
Since it became an option in Australia late last year, a number of breweries have launched equity crowdfunding campaigns. But none of them have been in WA or SA and, according to crowdfunding platform Birchal, that's because they can't.
Just six days after opening their equity crowdfunding campaign to the public, Black Hops have reached their maximum fundraising target of $400,000 – and broken a few records in the process.