Doctor Brew has raised 2.47 million PLN through equity crowdfunding to acquire Lwówek Brewery, marking the highest achievement in Polish crowdfunding history.
Target Company Information
Doctor Brew, a craft beer producer based in Poland, has successfully raised 2.47 million PLN through its equity crowdfunding campaign on Crowdway.pl. This achievement marks the highest amount ever recorded for equity crowdfunding in Poland, surpassing the previous record set by the startup Lovely in 2017, which raised 1.64 million PLN. The company aims to use these funds to purchase the iconic Lwówek Brewery from the Regional Breweries Jakubiak Group.
The crowdfunding campaign began on November 19, 2023, with an initial target of 2 million PLN. However, given the enthusiastic support from investors, Doctor Brew has decided to extend the fundraising period to December 21, 2023, to enable further capital accumulation. The company’s rapid success, achieving its goal in just 24 days, reflects its strong brand and effective business strategy, as stated by Jakub Niestrój, CEO of Crowd Ventures.
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Industry Overview in Poland
Poland's craft beer market has been witnessing significant growth in recent years. Historically, the country has had a robust beer culture, but the craft segment is relatively new and has exploded in popularity. As of 2023, craft b
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Disclosed details
Transaction Size: $2M
Enterprise Value: $8M
Equity Value: $5M