What is Old Youngs?
Old Young's Distillery, situated in Perth's Swan Valley, is a distinguished, award-winning producer of premium craft spirits, notably its diverse range of gins and vodkas. Established in 2016, the distillery champions innovative distilling methodologies and the utilization of locally sourced ingredients to craft distinctive flavor profiles. Beyond its product line, Old Youngs offers immersive tasting experiences, educational gin and cocktail masterclasses, and a culinary destination at Old Youngs Kitchen, appealing to both dedicated spirit aficionados and individuals seeking engaging, high-quality beverage experiences.
How much funding has Old Youngs raised?
Old Youngs has raised a total of $2.7M across 1 funding round:
Other Financing Round
$2.7M
Other Financing Round (2023): $2.7M, investors not publicly disclosed
What's next for Old Youngs?
The recent major strategic investment signals a pivotal growth phase for Old Youngs Distillery. This capital infusion is anticipated to fuel further expansion, potentially through enhanced production capabilities, broader market penetration, or the development of new product lines. The company's focus on innovation and local sourcing positions it favorably to capitalize on the growing consumer demand for artisanal and craft beverages, suggesting a trajectory towards solidifying its market leadership and exploring new avenues for strategic partnerships and distribution.
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