Member Article

Camden Town Brewery aims to crowdfund £1.5 million for new London site

Camden Town Brewery seeks £1.5m million investment for new London site via ‘Hells Raiser’ crowdfunding campaign on CrowdCube

The rapidly growing brewery set up by Jasper Cuppaidge aims to fuel further growth and international expansion plans and create hundreds of new jobs for Londoners with a new brewery in the capital

Part of a growth finance initiative, Camden Town’s crowdfunding pitch will give everyday Londoners the opportunity to invest as little as £10 towards the £1.5 million target, which will fund the opening of a new London brewery.

Camden Town Brewery was founded by Jasper Cuppaidge in 2006 when he started brewing beer for fun in the basement of the pub he owned - The Horseshoe in Hampstead.

The idea grew out of the basement and required more space, so Jasper moved operations to its current location under the eight Victorian railway arches in Camden.

Since then, Camden Town Brewery has seen phenomenal growth. Revenues grew from £2.5 million in 2012 to £9 million in 2014 and the brewer sold more than 7.6 million pints in the last year - 140,000 pints every week.

The expansion will be a boost for London employment too as Camden expects it will grow its current staff from 60 to 200 by the end of 2020.

Camden Town Brewery founder, Jasper Cuppaidge, said: “We’ve being growing at a crazy pace down here at Camden Town Brewery over the last few years.

“Building a new brewery will help us to keep pace with existing demand as well as meet our growth ambitions.

“Crowdfunding means that fans of our lagers can be part of our future success and new investors who want to take part in the craft beer phenomenon can also become customers and ambassadors for our brand. So we are opening our doors to people who want to get involved and be part of the Hells raiser movement.”

This was posted in Bdaily's Members' News section by Ellen Forster .