London craft brewery Five Points raises £750,000 for Hackney taproom

East London brewery Five Points Brewing Co. has surpassed its £750,000 crowdfunding target in just over a month.

Ed Mason and Greg Hobbs, founders of of The Five Points Brewing Company. (Photo: Five Points)

Five Points has attracted more than £920,000 of investment from 1,250 donors on crowdfunding platform CrowdCube, and said it plans to put the money towards “state-of-the-art new brewhouse equipment and fermentation tanks,” which co-founder Ed Mason hopes will treble the brewery’s production capacity and bringing their sales up to six million pints per year.

Mason added that the funds will also go towards launching Five Points’ first taproom in Hackney’s Pembury Tavern.

Five Points became the latest craft brewer to raise capital through crowdfunding last month, incentivising potential investors with rewards including a 25% discount on both products purchased online and in the proposed Five Points taproom, and free pints for people celebrating their birthday.

Speaking at the time of the launch, Co-founder and managing director Ed Mason said that Five Points’ ethos centres around “a commitment to the community, and the prospect of inviting the community to join us on our journey is really exciting.

“What we love about crowdfunding is the ability to welcome on board 100s, maybe 1,000s of passionate beer lovers who will be literally invested in the success of our company.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Marketing Executive

Harviestoun Brewery
London, UK

Head Distiller

Little Bird Gin
London, UK

Events Assistant

Speciality Drinks
Park Royal, London, UK

Digital Sales & Marketing Executive

Roberson Wine
London, UK

Brand Marketing Manager

Maverick Drinks
London, UK

PR and Communications Manager

Maverick Drinks
London, UK

Various Sales Roles

Amathus Drinks Plc
Bristol, Cardiff, Cornwall, Devon, Leeds and Birmingham

Assistant Buyer

Liberty Wines
London, UK

Partner Development Manager

Maverick Drinks
Tunbridge Wells, UK

The City Wine & Spirits Show

London,United Kingdom
12th Oct 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more