BREWDOG has revealed it is just £150,000 short of hitting its £4.25 million crowdfunding target, writes Scott Wright.

The craft brewer and bar operator has raised £4.1m since launching its third Equity for Punks campaign in June, having extended its initial £4m target by £250,000 to meet demand.

With the offer due to close in six weeks, it is on track to realise the target ahead of schedule. BrewDog plans to use the funds to expand its bar network at home and abroad.

Meanwhile, a crowdfunding campaign has been launched by beer subscription service Beer52.

The business, which delivers cases comprising eight beers from independent brewers to customers each month, aims to raise £100,000, with investments available from £1000 right up to the full amount.