Reefton Distilling Co secures $1.7m for next growth
South Island business targets whisky to help it plot a path to profitability.
Founder and chief executive Patsy Bass.
Jonathan Mitchell
Mon, 23 Sep 2024
Reefton Distilling Co has secured a fresh injection of capital via a Snowball Effect raise to fund its next stage of growth.
The company’s raise was extended and closed last night at just over $1.7 million. It had sought between $1m and $2m.
The funds would be used to develop the business and scale
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Jonathan Mitchell
Mon, 23 Sep 2024
Contact the Writer: jmitchell@nbr.co.nz
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