CRATE Brewery smashes crowdfunding target with £130k single investment
London’s CRATE Brewery has exceeded its £500k crowdfunding target with the help of a substantial investment from Meantime Brewing Company co-founder Lars Huser.
Launched to fund a major refurbishment of the brewery’s Hackney Wick base, CRATE’s crowdfunding campaign will remain open until April 21 for further investment.
As well as transforming the site into an experimental brewery and events area, and welcoming chef Douglas McMaster and his zero-waste restaurant concept Silo to its first London venue, the investment will be used to fund a new canning line to develop the brewing process.
Following the investment, Meantime Brewing Company co-founder Lars has accepted a role at CRATE as a non-executive director, focusing on the financial and strategic development of the business.
He explained: “Being quite a regular at CRATE Brewery over the years, I’ve always admired how the team managed to create such a great space and the community that was created around it.
“After meeting the team, I felt really compelled to invest in this business as I think it has strong potential to grow and exceed expectations.”
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