BrewDog snaps up $1m in crowdfunding in three days

It's looking to expand in the US...

BrewDog snaps up $1m in crowdfunding in three days

Scottish craft brewer BrewDog has raised $1m in only three days through its crowd funding campaign in the US.

It says that drinkers have had an "unprecedented response" to the Equity for Punks USA initiative which offers fans a chance to buy a small share in the company.

Ultimately the company hopes to raise $50m in the next six months to fund expansion in North America.

This will include the building of a new 100,000 sq ft brewery in Columbus, Ohio, which it hopes to open later in this year.

These shares cost $47.50 each and the minimum investment is $95. More than 1,200 people have already contributed to the campaign.

"This unprecedented response to our first crowdfunding round in the States shows the demand for our beer in America, and sets us up with a community of like-minded individuals ready and waiting to help us make our US business an explosive success," a statement from the company said.

It has raised more than £26m since its first crowd funding campaign in 2009.

BrewDog's last round of funding in the UK made £19m - short of the £25m target.

The British firm employs more than 600 people around the world and exports to 55 countries.