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Dokkaebier to Close More Than $700,000 in Seed Capital for its Asian-influenced Craft Beer

Dokkaebier to Close More Than $700,000 in Seed Capital for its Asian-influenced Craft Beer

Dokkabier in San Francisco, California has raised around $700,000 to get off the ground, including nearly $180,000 in crowdfunding. Full details are below.


SAN FRANCISCO — Dokkaebier, a leading craft beer made with Asian-influenced ingredients, today announced it expects to close more than $700,000 in seed capital, including nearly $180,000 in a seed round equity crowdfunding campaign from Glasser Holdings LLC and 148 other investors to date. The equity crowdfunding campaign on Wefunder remains open until Nov. 3, 2021.

“What intrigues me about Dokkaebier is that it’s looking at craft beer through a new lens, focusing on creating beers — be them traditional craft styles or beers made with Asian fruits and botanicals — which work well with Korean and so many other Asian cuisines,” said Avery Glasser, managing partner of Glasser Holdings LLC, on Wefunder.

Dokkaebier was launched in 2020 by Korean American Youngwon Lee to bring more diversity to the more than $29-billion craft beer industry in the United States, which is matched to Western foods and flavors, with the more than $6-billion-and-growing Korean food market and substantial Asian food market.

“Fans of craft beer seek interesting, new and different flavors, but craft beers currently on offer are often the same. Dokkaebier will tap into the convergence of multiple markets by bringing the experimentation common with Asian flavors in food to craft beer,” said Youngwon Lee, founder and CEO of Dokkaebier. “Dokkaebier brings craft beer fans new brews with distinctly Asian ingredients, including bamboo tea, lemongrass, peppercorn, plum and even kimchi.”

Lee is a veteran of more than 13 years in the food and beverage industry, including the leading wine and spirits brands Champagne Armand de Brignac, Patron, Stolichnaya, Tito’s Handmade Vodka and more. Previously, he was the head of U.S. operations at microbrewery The Booth Brewing Co. and chief operating officer of the Korea-based food and beverage import and brand management companies MAGNUM Korea and Indulge Co. Ltd.

In less than two years, Dokkaebier has released more than 25 original craft beers under head brewer Aaron Weshnak. Before joining Dokkaebier, Weshnak mastered his craft at some of California’s most prestigious breweries, including Pliny the Elder-maker Russian River Brewing Company, Lost Coast Brewery, Sunset Reservoir Brewing Company and The Booth Brewing Co.

Dokkaebier’s most popular craft beers include Kimchi Sour, a kettle sour made with the Korean chili powder gochugaru and ginger; Bamboo Pilsner, a crisp European-style lager flavored with bamboo tea; a witbier brewed with the Korean magnolia berry omija and gochugaru called OG Witbier; and YB Witbier, made with yuzu and bay leaves.

To learn more about or purchase Dokkaebier’s Asian-influenced craft beers, adults aged 21 or older can visit enjoydkb.com.

About Dokkaebier

Dokkaebier is a leading craft beer made with Asian-influenced ingredients. Launched in 2020, the brewing company has released more than 25 original craft beers and won domestic and international accolades. Dokkaebier won the Red Dot Design Award in 2021, was a Gold Medal Winner in the 2021 Annual Brewski™ Awards, was a finalist in the 2020 Brewbound Pitch Slam Competition, and has been recognized by SFGATE, Patch, InsideHook, The Startup Pill and Hacker Noon as one of the best California craft breweries or startups.

For more information about Dokkaebier, adults aged 21 or older can visit enjoydkb.com or follow @Dokkaebier on Facebook, Twitter and Instagram.

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