BrewDog hits $1m within first three days of US crowdfunding round

A statement from the firm said: “On Thursday last week we launched Equity for Punks USA, giving people in America – and around the world – a chance to own part of BrewDog USA and join our growing Equity Punk community. The response was truly overwhelming.

“Equity for Punks USA has hit the $1M milestone within the first three days.

“This unprecedented response to our first crowdfunding round in the States shows the demand for our beer in America, and sets us up with a community of like-minded individuals ready and waiting to help us make our US business an explosive success.”

The new transatlantic venture sees the firm attempting to break its own equity crowdfunding world record of $35 million (£19 million) raised as a result of its most recent drive, which, despite missing its £25m target, became the world’s largest ever crowdfunding investment.

BrewDog, which now employs more than 600 people globally and exports to 55 countries and operates more than 40 bars in the UK and overseas, will use that cash to fund more bar openings and expand its brewery in Ellon.

But it now hopes to raise up to $50m within six months to help fund its push into North America.

Those plans include a new 100,000 sq ft brewery in Columbus, Ohio which is scheduled to open later this year.

Shares in the funding round cost $47.50 each, with a minimum investment of $95. According to BrewDog, more than 1,200 people have already signed up to the scheme.

Its Equity for Punks USA investment scheme is the fifth fundraising venture by the brewery, and its first in the US.