SA’s Drifter Brewing Company Raises R1 million in Crowdfunding Via Uprise.Africa

They have also obtained partnerships in the US to begin exporting to Texas, Florida and Washington DC and have formed relationships for future exports into Europe and Asia.

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Drifter Brewing Company

Within just a few hours of taking their Equity Crowdfunding round live on Uprise.Africa, Drifter Brewing Company have already raised more than a million rand in growth capital.

Uprise.Africa is the Equity Crowdfunding platform for South Africa. The platform facilitates the investment process, thereby ensuring it is a streamlined experience for the investor.

Drifter Brewing Company is an up and coming player within the local brewing ecosystem, fast becoming one of South Africa’s top craft beer manufacturers and a favourite amongst the locals.

The company has embarked on a journey to accelerate expansion and push their brew into global markets by launching SA’s first public Equity Crowdfunding campaign in the brewing industry and are seeking to raise R3 million in investment.

Drifter will use the investment of R3 million to increase the production and shelf life of their brew and scale up their production capacity in order to turn their existing facility into a world class brewing hub, exporting to the US, Europe and Asia.

They also plan to launch a number of Drifter bars that will serve their speciality brew nationwide.

The company said in a statement that the launch of the campaign has been met with immense interest and enthusiasm from the local investor community with investors from all walks of life wanting in on the action.

Running an Equity Crowdfunding round gives Drifter the opportunity to open their funding round to the local public.

South Africans are now able to own equity in the business as well as share in the company’s future growth potential.

Although Drifter is expanding globally, they are passionate about keeping their brand proudly South African and offering equity locally will help them reinforce that passion.

Drifter is the brainchild of Nicholas Bush, a well travelled craft beer connoisseur who launched the company in early 2015.

The name Drifter symbolizes adventure, creativity and craftsmanship and draws inspiration from Nick’s parents who sailed around the world in a self built sailing yacht by the same name.

Local beer lovers should be familiar with their crowd favourites, The Stranded Coconut and The Cape Town Blonde and will be inspired by the brewers’ new techniques and flavours in producing brews made from sea water and peanut butter.

Located in Woodstock Cape Town, Drifter Brewing Company holds a full force manufacturing facility as well as a tasting room and event space with stunning Table

Drifter currently distributes to over 360 stores in South Africa and exports to Zimbabwe and Namibia.

They have also obtained partnerships in the US to begin exporting to Texas, Florida and Washington DC and have formed relationships for future exports into Europe and Asia.

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