Drifter Brewing Company, one of South Africa’s top craft beer manufacturers, surpassed 50% of their target within the first week of launching their Equity Crowdfunding campaign.
At the time of writing, the Drifter campaign has raised a total of R 1, 57 million from 85 investors within just a week of their launch. The successful start to the Drifter campaign is a major breakthrough for SA’s funding ecosystem.
Globally, Equity Crowdfunding campaigns run by Breweries have been met with widespread success with big names such as Brew Dog, Hop Stuff and Bellfield Brewery raising millions in investment to fuel growth and brewery expansion.
Drifter 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.
On the 26 March 2018, they 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 to raise R3 million in investment.
Drifter shares are available on Uprise.Africa at R1000 per share with the campaign having 47 days left to reach its funding goal. To view the campaign on Uprise.Africa click here.