About this raise
Lochiel Brewing, a brewery in Mesa, AZ, is raising funds on MainVest. It is a 10-barrel full-electric brewhouse, with several 7-barrel and 15-barrel fermenters. The brewery produces a range of Scottish-style, strong malt-forward beers. Ian Cameron founded Lochiel Brewing in 2015. The current crowdfunding campaign has a minimum raise of $10,000 and a maximum raise of $50,000. The funds will be used for purchasing additional equipment to increase production and expand product offerings. Lochiel Brewing has already created brand recognition for its beers and caters to the Scottish/Irish community in Arizona. The brewery plans to expand its bottling, production volume, and marketing to increase sales and revenues.
Investment Overview
Not Funded: $2,900
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +18% YoY
- $141,888
- Monthly Burn
- $3,158
-
Runway
- 0 months
- Gross Margin
- 67%
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/27/2021 | MainVest | - | $2,900 | Revenue Share | Not Funded | RegCF |
10/28/2020 | MainVest | - | $61,100 | Revenue Share | Funded | RegCF |