Five Points celebrates passing crowdfunding target by unveiling birthday collaboration beers
The brewery launched its crowdfunding campaign last month in a bid to treble its brewing capacity, while also renovating its taproom, the Pembury Tavern. Having hit its £750,000 target over the weekend (14-15 April), the brewery is now overfunding by selling off additional equity in the company.
To celebrate hitting its initial target, Five Points has unveiled further details of the five collaboration beers it has brewed with fellow craft brewers to celebrate its fifth birthday.
The brewery has teamed up with Lost and Grounded, Northern Monk, Thornbridge, Wild Beer Co and Yellowbelly to produce five different styles of beer, all of which will be available to taste at its birthday party in Hackney Downs this weekend, before a wider release to the on and off-trade.
Variety of styles
The beers include a cask best bitter, a double IPA and a Baltic porter, with tickets to the event including a half pint taster of each of the beers.
The full list of beers is as follows:
Five Points x Lost & Grounded Best Bitter, 4.8% (cask)
Five Points x Northern Monk Birthday IPA, 6.7% (keg and can)
Five Points x Thornbridge Maibock 7.5% (keg)
Five Points x Wild Beer Co Hybrid DIPA, 8.7% (keg and can)
Five Points x YellowBelly Baltic Porter, 8.4% (keg and can)
Food at the sold-out birthday bash will be provided by Italian-American street-food vendor Capish? and halloumi fries specialists Oli Baba’s, while there will also be a number of guest beers from the collaborating breweries, as well as Five Points’ core range of brews.
Speaking about the brewery’s crowdfunding campaign, founder Ed Mason said: “We have been blown away by the level of interest in our company - to have reached our target so quickly is a massive vote of confidence in our vision.
“What we love about crowdfunding is the thousands of investors who are literally invested in our company, our success and who will act as supporters and brand ambassadors.
Crowdfunding goals
On the brewery’s upcoming birthday party and collaboration beers, Mason added: “What better way to celebrate our five year anniversary than to collaborate with some of the breweries that have influenced and inspired us the most? One of the wonderful things about the craft beer industry is the collaboration and knowledge sharing that independent companies are happy to support.”
Having successfully raised over £750,000, The brewery’s crowdfunding campaign will now close on Sunday 28 April.
The funds will be used to increase the brewery’s capacity in Hackney from 8,000hl to 25,000hl annually, install new external fermentation tanks, make improvements in the brewhouse to improve efficiency and hire 15 new members of staff.
It will also enable Five Points to bring all of its production back ‘in-house’, having produced around 4,000hl at Brouwerij De Brabandere in Belgium since reaching capacity in Hackney in late 2016.
More information about The Five Points’ birthday collaborations can be found on the brewery’s website.