The Balloon Factory by FAB Beer
About this raise
The Balloon Factory by FAB Beer, an upcoming brewery in Somerville, MA, is raising crowdfunding on MainVest. The brewery will focus on making high-margin sales of beer, wine, and liquor on-site, in addition to the regional distribution of own contract-brewed beer. The brewery location will also host events and experiences to complement the bar’s operations. The Balloon Factory by FAB Beer is owned by Benjamin Holmes. The current crowdfunding round has a minimum target of $100,000 and a maximum target of $250,000, and the funds will be used for location buildout, custom bar, and fixtures and equipment. The Balloon Factory by FAB Beer is being created by FAB Fermentation Arts to build on its successful beer brand.
Investment Overview
Not Funded: $48,100
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
06/15/2021 | MainVest | - | $48,100 | Revenue Share | Not Funded | RegCF |