We successfully completed our Founder Round and used the funds to setup our corporate structure legally within China as a WFOE (Wholly Foreign Owned Enterprise) and our structures within Hong Kong to own the WFOE and to allow our shareholder structure. Additionally those funds were used to cover all other startup costs, including lawyers, securing our site at and even to build this website.
Seed Round Investment
Our Seed Funding Round took place during May 2020 and will be completed in June 2020. This will be used for purchasing land, architecture of a third building, construction of the third building and get us closer to producing our first spirits.
Series A Funding
There will be a Series A funding round that will commence during Q3 2020 where we will be looking to add to our growing family of whisky lovers all over the world to get involved in our project as investors in our project and our vision to bring together the rich history of whisky with modern technologies in one of the most exciting countries in the world, China.
There are some normal terms and conditions on those that wish to become a part of the Nine Rivers Distillery story. You must be over the age of 25 and there are laws (that vary from country to country) about investing in projects such as ours. We would expect everyone to comply with the laws of their local country and concurrently with the laws of China and Hong Kong.
What We Expect
First and foremost you absolutely must have a love of whisky. We don’t expect everyone to be an expert about the subject and there isn’t an entrance exam. But if you’re not passionate about whisky then you’re not going to enjoy what we’re trying to do with Nine Rivers Distillery. Money alone will not make you part of our family or our story.
Most of our investors also play an active part in shaping and defining our journey. Every day decisions such as the very content on this website has had input from our entire team. Decisions as simple as voting on a logo design right up to mash bills for first batches and casks to offer – they all have creative input from the whole team. Some businesses might see this level of involvement as chaos in the making. We see it as engaging with the very people who represent our future customers.
Our minimum investment on the Series A round would be RMB25’000. At current exchange rates that works out to about USD$3500, EUR€3250, GBP£2900. Chinese RMB remains our currency of operation so you would need to check current exchange rates to determine that number in your own local currency.
Our shareholders agreement is structured to encourage people that are looking to invest for a minimum term of 5 years and all profits will be reinvested for those 5 years to facilitate growth and expansion, adding value to the distillery and the brands that we craft.
As a project based in China the vast majority of our communications go out on WeChat. If you’re not in China, then downloading this app will be your first starting point to engage with us and get involved. Many people outside of China will start talking about all the other instant messengers out there that they prefer to use. None of them come close to the power and functionality of WeChat and we won’t change our project to suit a few individuals. Besides, once you’ve got on board with WeChat you’ll wonder why all the other apps are just so lacking!
Get in touch with us using the form below to learn more.