A low-carb beer company in which tennis star Nick Kyrgios is a 15 per cent shareholder is raising capital to help fund ambitious growth plans using an iconoclastic approach to entice Gen Z and Millennial drinkers who don’t like craft beers.
Stryda Brewing Co is bringing in outside investors in a $2.2 million capital raising, valuing the company at about $20 million.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com