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ParrotDog raises $2million in two days
12/08/2016
ParrotDog raises $2million in two days
Wellington-based craft brewers ParrotDog launched their
equity crowdfunding campaign on Wednesday, and raised their
maximum goal of $2million in less than 2 days.
ParrotDog will spend the money raised to set up a new brewery in Lyall Bay, which they plan to have up and running within the next few months. Moving into this new space will enable ParrotDog to triple production and have their own on-licence bar.
“We’re really excited to get to
the full $2million in just two days. Now it means we can
execute our entire plan without any compromise or delay.”
says ParrotDog co-founder Matt Stevens.
“We’ve
met so many people over the past two days that have
supported us. We’re currently at Beervana Festival and
it’s so great to meet all of our investors who are coming
over and introducing themselves.” says Stevens.
“If any of our other pledgers want to come by, we’re
celebrating at our pop up bar at the Vivian Street brewery
tonight until 11pm. This is a public event as part of the
Road to Beervana festival”.
ParrotDog are the third
brewery in New Zealand to equity crowdfund, and the only one
to raise the $2million maximum allowed under the
legislation.
ENDS
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