Verdant Brewing Co have hit their first target just five days after launching on Crowdcube. The Falmouth based craft brewery still has over three weeks of fundraising time left, in which they hope to hit at least £1,000,000 to fund their new brewery and taproom.
As one of the leading craft breweries to focus on hazy New England IPAs, Verdant has struggled to meet demand over the last few years. Currently producing around 3,000hl a year in their warehouse in Fal-mouth, expansion plans will take them three miles down the road to a 17,500 sq ft site, with the capacity to brew up to 15,000hl.
Verdant was founded in 2014 after a chance conversation about homebrewing during a five-a-side football game. Since then the team has created explosive growth thanks to their quality core range and exciting, big New England IPAs. The brewery has had to move twice already to keep up with demand, and recently branched out into lagers and even barrel-aged stouts, showing the ambition the directors Adam Robert-son, James Heffron and Richard White have for the company. After exploring many funding sources, the brewery settled on crowdfunding to protect its independence in a market being closely monitored by mac-robreweries and large capital finance companies.
We need to expand but we also need to do it right, Crowdfunding gives us the independence to make the right choices for our business and our customers, as well as letting us give something back to all the people who have supported us from day one. The fact we’ve hit our first target so fast is unbelievable but we want to take it further.
The new site will allow the brewery to quadruple in size while offering both quality and consistency bene-fits, thanks to the addition of two lauter tuns and a centrifuge. Equally exciting is the space reserved for a taproom looking over the brewery, which will make a unique place to drink the tank-fresh beers.
We have made a name for ourselves by producing delicious one-off beers time and again, but the new brewery is going to take that to a whole new level, as well as help us really dial in and grow the core range. We also hope the taproom will allow us to show the beers at their best, while the larger volume means we can finally fulfil all the orders we get.
Verdant are looking to raise £1,000,000 in the next 23 days, and may even push further. They are in the midst of a UK tour promoting the raise, and will host a final Crowdfunding closing parting in Falmouth just before Christmas at HAND Bar (Date TBC).
The remaining dates are:
Junk Yard, Nottingham – Thursday 6th December
Cotteridge Wines, Birmingham – Friday 7th December
Hand Bar, Falmouth – TBC December.
The whole team are available for interviews at these events or over the phone, simply [email protected]. For more information, please head to the Crowdcube page or get in touch with them at @verdantbrew on social.