Ester Spirits (Ascendant Bev. Vent. P/L) crowdfunding raise on OnMarket (closed)
Closed — raised A$958,311 from 449 investors (48% of maximum)
BACK GOOD TASTE
- Raised on OnMarket
- Australia
Funding history
218 readings
About Ester Spirits (Ascendant Bev. Vent. P/L)
Summarised by Raise Sonar from Ester Spirits (Ascendant Bev. Vent. P/L)’s OnMarket pitch
Ester is an Australian spirits brand that makes gin, cane spirit, aperitif and other spirits and cocktails at its Marrickville distillery, sold through bars, restaurants, bottle shops and online. It also runs a contract manufacturing business for other drinks brands and a hospitality business at its distillery bar. The raise is to fund scaling of the distillery at a new Newtown site, national distribution, equipment, a national sales team and a brand evolution.
Read the full pitch on OnMarket (opens in a new tab)Similar raises open now
None right now. See every raise open now
Hear when the next OnMarket raise opens
Set a rule and we email you the moment a raise that matches it goes live.
Free to start. Alerts come with the Alerts plan.
The raise in figures
Raised
A$958,311
of A$2,000,000 maximum
47%
of maximum
- Investors
- 449
- Minimum investment
- A$250
- Pre-money valuation
- A$8M
Last updated
↳ OnMarket · checked 58 min ago
About this raise
The equity crowdfunding raise Ester Spirits (Ascendant Bev. Vent. P/L) ran on OnMarket has closed. The company is based in Australia. It is offered under Australia’s crowd-sourced funding (CSF) regime.
The pre-money valuation is A$8M. The round is capped at A$2M. It raised A$958,311 from 449 investors, 47% of its maximum. The minimum investment was A$250.
Its close date was .
Under the CSF regime, retail investors invest through a licensed CSF intermediary and have a cooling-off period after each investment. These figures are OnMarket’s own, as Raise Sonar last read them on .
Closed
Closed on Thu 29 Oct
More like this
Questions about Ester Spirits (Ascendant Bev. Vent. P/L)’s raise
What was the minimum investment in Ester Spirits (Ascendant Bev. Vent. P/L)?
The minimum investment in Ester Spirits (Ascendant Bev. Vent. P/L)’s raise on OnMarket was A$250.
What regulation was Ester Spirits (Ascendant Bev. Vent. P/L)’s raise under?
Ester Spirits (Ascendant Bev. Vent. P/L)’s raise was under Australia’s crowd-sourced funding (CSF) regime. Crowd-sourced funding lets eligible Australian companies raise from the general public through an intermediary licensed by ASIC.
How much did Ester Spirits (Ascendant Bev. Vent. P/L) raise?
Ester Spirits (Ascendant Bev. Vent. P/L) raised A$958,311 from 449 investors on OnMarket, 47% of its A$2M maximum.
About Raise Sonar
Every live equity crowdfunding raise, in one place
We track raises across Crowdcube, Republic, Wefunder, StartEngine and more, and tell you when they open and before they close.
- 610 live raises now, all in the Raise Sonar app
- 26 platforms in 12 countries
- ~2 new raises a day
-
Launch alerts
An email when a raise matching your filters opens.
-
Close reminders
Follow a raise and hear from us 72 and 24 hours before it closes.
-
One search, every platform
Filter live raises by sector, country, minimum and platform.
-
The weekly newsletter
New raises and raises closing soon, every Monday.