What is Fullsteam Brewery?
Fullsteam Brewery is a North Carolina-based brewery distinguished by its commitment to a Southern beer economy, utilizing local ingredients sourced from farmers and foragers. With established locations at Boxyard RTP and the American Tobacco Campus in Durham, the brewery offers a diverse range of craft beers, alongside food and cocktails. Its operational ethos centers on fostering connections between people and the land. The company is poised to expand its footprint with an upcoming downtown Durham venue that will introduce an elevated supper club concept, featuring refined bar food, burgers, and sandwiches, complemented by a theatre space.
How much funding has Fullsteam Brewery raised?
Fullsteam Brewery has raised a total of $537K across 2 funding rounds:
Debt
$150K
Debt
$387K
Debt (2020): $150K with participation from PPP
Debt (2021): $387K led by PPP
What's next for Fullsteam Brewery?
The recent major strategic investment signals a pivotal phase for Fullsteam Brewery, likely aimed at fueling the expansion of its operational capacity and the launch of its new supper club concept in downtown Durham. This capital infusion is expected to bolster its market position, enabling further development of its unique Southern beer economy model and enhancing its ability to connect with a broader consumer base. The company's focus on local sourcing and community engagement, combined with this significant financial backing, positions it for sustained growth and increased influence within the regional craft beverage industry.
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