Cotswold Distillery announces Angel's Share crowdfunding round

By Mathew Lyons

Published: 04 December, 2015

The award-winning Cotswold Distillery has announced its first equity crowdfunding round, which it has named the Angel's Share.

The campaign is being managed by crowdfunding platform, CrowdBnk, which previously completed successful funding rounds for craft brewer Innis & Gunn and English winery, Hambledon Vineyards, for which it raised £3 million and £.5 million respectively.

Cotswold Distillery is seeking to raise a minimum of £500,500 by selling 5.7% of its equity. The sale would value the company at £8.8 million.

The funds are needed to invest in the production of the distillery's single malt whisky, which is due to be released in 2017.

Investment packages range from £1,000 to £50,000, with rewards - which includes everything from private distillery tours to your own cask of whisky - matching the scale of the investment.

Founded in 2013, the distillery began production the following year and its Cotswold Dry Gin has already won several awards.

The distillery's visitor centre already attracts some 10,000 tourists annually.

Daniel Szor, founder and chief executive of the Cotswolds Distillery, said: "We have come a lot further, a lot faster, than we could ever have hoped. Our outstanding natural spirits - in particular our Cotswolds Dry Gin - have been extremely well-received, our distillery and visitor centre are now among the top 20 Cotswolds attractions according to TripAdvisor and our young single malt is already getting excellent reviews. We are over the moon.

"We have built a wonderful community of loyal customers and fans and our Angels' Share round is a way of allowing them to own a piece of the distillery and become brand ambassadors while sharing in the upside of this fast-growing business.

We are delighted to raise funds with CrowdBnk and their investors."

Ayan Mitra, founder and chief executive of CrowdBnk, said: "We are very proud to support the Cotswolds Distillery. This is a unique opportunity to invest in a revenue generating and high growth premium brand.

"The company is led by a very impressive management team and supported by first-class angel investors."

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