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Better World Brewing

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UK brewed, great tasting beers supporting vital causes, sold D2C in our tap house. Raising to scale.

116%
 - 
Funded 15 Nov 2022
£100,005 target
£117,458 from 150 investors
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Business overview

Location London, United Kingdom
Social media
Website betterworldbeer.com/
Sectors Food & Beverage Non-Digital Mixed B2B/B2C
Company number 13148438
Incorporation date 20 Jan 2021
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Investment summary

Type Equity
Valuation (pre-money) £750K
Equity offered 13.46%
Share price £7.5
Tax relief

SEIS

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Business highlights

  • Tap house in Elephant & Castle opened March 2022
  • B Corp application in progress & part of 1% for the planet
  • £170,000 of non-diluting investment for our second bar in Wembley
  • Top 15% of Shopify sites that opened in the same week as BWB
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Key features

  • Secondary Market
  • Nominee investment min. £15.00 +
  • Direct investment min. £20,000.00 +
  • Idea
  • Key Information
  • Investor Perks
  • Team
  • Updates
  • Investors 150
  • Discussion
  • Documents

Idea

Introduction

We believe in tasty, quality easy drinking beer that also helps our planet and we're on a mission to become one of the UK's top 'for purpose and for profit' beer brands.

Our tasty, vegan-friendly craft beers combine classic popular brews such as Pale Ale and IPA alongside uniquely flavored customer favorites such as our Mango & Passion Fruit Tropical Pale and our Chocolate Porter.

We develop our own recipes for a satisfying sip every time, and because our beers are not mass produced, we're confident in our ability to focus on taste, flavour & quality.

We're raising to open a second tap room at Wembley Stadium, further drive D2C sales through Amazon & social, and develop off trade opportunities.

Join us as we spread the joy of sharing a drink or two and a better world.

Substantial accomplishments to date

Since launching in 2021, we’ve barely stood still:

- Tap room opened in Elephant & Castle in March 2022
- Hit top 15% of traffic to Shopify sites that opened the same week (Q4 2020)
- Awarded £170,000 of non-diluting investment for our second bar in Wembley
- 4.2 Trustpilot rating and 3.7 on Untappd and consistent 5* rating for our taproom
- Donating to multiple eco & conservation charities including One Tree Planted, Plastic Bank, Surfers Against Sewage, Ecologie, 1% for the Planet, and The Orangutan Foundation to give back to our world by planting trees, helping to fund collection of ocean bound plastic bottles & more
- Begun preparatory work for B Corp application
- We’re offsetting carbon from our brewing process, all deliveries are carbon free & we aim to become carbon neutral by the end of the year.

Monetisation strategy

We believe a key part of our success so far is thanks to our great tasting, easy drinking beers tapping into a number of consumer trends:
- Part of the global craft beer industry, set to reach $503bn by 2025
- A business that gives back – and 75% of Brits prefer to shop with ethical brands.
- Beautifully packaged and offering an independent alternative to mainstream brands.

Currently over 45% of our revenue is from direct website sales. In the future we plan to build on this further via our new subscription club, the ‘Doing Good Club’.

Featuring our beer and specials from other socially focused breweries, we’re confident this diverse offering will entice more people to subscribe and increase our RCR.

The remainder of our revenue comes from on trade in our first London tap room. We shortly plan to open a second in Wembley Park, to increase revenue and awareness of the Better World brand.

Use of proceeds

Investment raised will be used in the following ways:

30% Sales team, to develop our off-trade partnerships.
20% Marketing, to deliver social marketing campaigns and promote our Amazon store.
50% Tap room renovation, to complete the fit out of our new tap room at Wembley Park.

Key Information

SEIS

The company has the full £150K SEIS allowance remaining. The first £36,107 reflected in the campaign is not SEIS eligible. Investments made after this will be eligible for SEIS tax relief. That means investments up to £186,107 will be eligible for SEIS.

Investor Perks

Please note that any discounts, rewards and/or offers listed by a company in its campaign are subject to the terms and conditions applied by that company. It is the company’s responsibility to honour such discounts, rewards and/or offers and Seedrs does not take any responsibility for them.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

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Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Better World Brewing has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 9 September 2022 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £750,000

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Seedrs.

Pitch type

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Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Seedrs campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

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Nominee investment

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Nominee investment.

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Custodian

If you invest in this Campaign, Seedrs will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Seedrs will not benefit from any rights under a shareholder agreement. As a result, Seedrs will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

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Direct investment

This is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Seedrs. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

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