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Burnt Faith raises £2m
The first dedicated brandy distillery on the British Isles, Burnt Faith, has raised funds to fuel its global growth ambitions.
Burnt Faith was founded by Simon Wright and opened its distillery in March 2023.
It has now raised more than £2 million (US$2.5m) in its first funding round. Investors include Matthew Freud, head of PR firm Freud Communications, and drinks veteran Keith Greggor, who has been involved in beverage brands including Anchor Distilling Co, Skyy Vodka and Brewdog.
Greggor said: “Many people aspire to disrupt the spirits category, but there’s really only been a few game-changing players that I’ve seen in the past 40 years. Burnt Faith is certainly proving to be one of them.
“Clear concept, clear white space and clear category opportunity. In already knowing Simon and his track record, it was a no-brainer to get involved at the start.”
Burnt Faith opened a bar at its distillery in October 2023.
Burnt Faith founder Simon Wright said: “I believe the global opportunity within brandy is huge, so I want our ambition and execution to mirror this.
“We clearly have been ambitious from the get-go by building the Brandy House in London and bringing commercial brandy production to the UK for the first time in more than 200 years.
“We want to bring the whole category with us on the journey, so our doors are now open to the public where we showcase our ‘brandy without boundaries’ philosophy and allow visitors to taste new and exciting brandies and cocktails in a completely unique setting.
“As we begin to establish ourselves, we are turning toward managing our growth needs, both nationally and internationally. That will require further investment in ageing stock and continuing to innovate within a sleepy category.
“In shaking up the way the world thinks about brandy, Burnt Faith will go beyond the old conventions, constantly innovating with flavour-forward brandies that will go way beyond the current corporate sea of mediocracy.
“We make our own rules and we’re gonna have fun doing so.”
Burnt Faith was one of our brandy brands to watch in 2024, and its first release was named one of the top 50 most innovative spirits launches of 2023.