Following last month’s announcement by Melbourne-based Dainton Brewery to launch an equity-based crowdfunding campaign, the brewery yesterday confirmed the campaign is now live.

Father and son co-founders Kevin and Dan Dainton hope to raise enough money to support expansion plans.

The current minimum target is $500,000 but Kevin and Dan said that they hope to raise up to $1 million.

The brewery will offer investment rewards from $100 and up to $10,000 for retail investors. Investors will receive ordinary shares in the company and also be offered priority access to limited-release beers as a reward.

Dainton says the capital injection will fund a more centrally located second venue. He also plans to launch a barrel-ageing and sour beer program as well as invest in a bottling line.