News Formal

Spirits company raises €642,000 as it eyes South African market

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

Alt Liquor Co, a spirits business based in Limerick, plans to enter the South African market after raising €642,000 in funding.

The bulk of the funds, €550,000, was raised through crowdfunding via the Crowdcube platform with the remainder coming from private investors. Alt Liquor launched its Foxes Bow whiskey late last year.

“The funding will aid surety of supply. We’re partnered with Great Northern Distillery in Dundalk and we wanted to make sure we had enough inventory with them to fit our projections for the next five years,” Alice Carroll, co-founder of Alt Liquor, told the Business Post.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Irish toy company HoloToyz raises €1m in fundingIrish toy company HoloToyz raises €1m in funding via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Micron Agritech raises €1.5m from backers to bring rapid-test kit to marketThe Dublin Technological University spin-out is looking to become the ‘LetsGetChecked of animal testing’
Source: businessposthq - 🏆 8. / 71 Read more »