Innis & Gunn, the Edinburgh-based craft brewer, has launched a £1 million crowdfunding drive to accelerate its growth.
The firm plans to sell up to 2 per cent of its share capital to investors who pledge a minimum of £20 through the Crowdcube platform.
Last month, Innis & Gunn announced plans to expand its Beer Kitchen bar concept, which already has sites in Edinburgh and Dundee, into Glasgow and St Andrews, with a further three locations planned for 2017, including its first international opening, in Toronto.
Dougal Sharp, Innis & Gunn’s founder and master brewer, said the firm was aiming to double its turnover to £25 million over the next three years and the capital raised from investors will be used to accelerate its growth priorities.
He added: “When we started in 2003, the craft beer scene in the UK was virtually non-existent. Through perseverance, hard work, and outstanding beer, we have been able to play a key role in spearheading the growth of the movement in the UK and in turn build a successful international business selling our beers in over 20 markets.”