GABS Hottest 100: CSF companies represent again in 2021!
Well the GABS Hottest 100 has been run and won for another year, and there were some tremendous results for crowd-sourced funded businesses!
Four breweries who have had successful CSF campaigns made it into the 2021 Hottest 100 with a grand total of 10 different beers!
Black Hops makes top 5 again!
Black Hops Brewing’s G.O.A.T. achieved 5th for the second year running. All in all, the team at Black Hops notched up an equal high 6 beers in the count, including ‘East Coast Haze’ (19), ‘Neverland’ (46), ‘Hop Swap’ (60), ‘Pale Ale’ (61) and ‘Hornet’ (81).
This year’s performance is sure to thrill the ‘Alpha Team’ (the Black Hops community of investors) and lovers of BH beers around the country. Black Hops was the first Australian craft brewery to complete a successful CSF offer back in 2019, raising its maximum target of $400k from 545 investors in just six days.
Black Hops are back for another round, offering their most passionate customers and fans another opportunity to join the ‘Alpha Team’. Check pout their offer page here (but always consider the offer document and general CSF risk warning before investing) — https://www.birchal.com/company/black-hops-brewing
Sobah stuns on debut with Pepperberry IPA
Indigenous-founded Sobah Beverages’ Pepperberry Indian Pale Ale debuted at 69 this year, which is incredibly impressive for a non-alcoholic beer. Sobah Beverages had a successful campaign on the Birchal platform in 2021. They raising their maximum target of $1 million from 569 investors.
Sobah Beverages make purposeful beer for social good, and are pioneers of First Nations’ entrepreneurialism, and responsible drinking, having launched Australia’s first exclusively non-alcoholic beer company. Check them out here — https://www.birchal.com/company/sobahbeverages
Dainton and Otherside round out the field
Dainton Brewery also featured in the count again, with their Blood Orange New England Indian Pale Ale, and Jungle Juice, coming in at number 38 and 84 respectively. Dainton also had a successful 2019 campaign on Birchal, raising their maximum goal of $250k from 247 investors.
And Otherside Brewery out of Perth (owned by Triple-1 Three) featured with their festival favourite ‘Anthem India Pale Ale’ (78). Triple-1 Three completed a successful CSF offer on Birchal in November 2021, raising over $1.1m from over 550 investors.
Outlook for craft beer and CSF in Australia
Despite Australian beer consumption being at a 65-year low, the variety and experimental style of craft beer is becoming increasingly popular. There are now over 600 Australian Breweries, up from 19 in the 1980s.
According to a Deloitte report, craft beer consumption is increasing at approximately 10% every year. A symbol of this increasing popularity in craft beer is GABS’ annual Craft Beer Hottest 100. A take on Triple J’s Hottest 100, GABS collects votes from Australian beer drinkers on their favourite beverage, revealing Australia’s favourite 100 craft beers.
2021 saw a significant rise in the number of successful craft beer offers in the CSF industry. Approximately $9.25 million was raised across 8 craft beer offers. Since 2018, there have been 12 successful beer-related offers under the CSF regime.
*Special thanks to Ellis Niall who helped us pull together this update.
