A chemical engineer and former high school teacher seeks to raise $525,000 for his beer concentrate and portable carbonation system.
Pat’s Backcountry Beverages (PBB), a Golden-based startup that aims to let backpackers bring a frosty cold one into the backcountry without schlepping all the weight, seeks funding from private investors, according to documents filed with the SEC. It’s raised $30,000 so far.
PBB founder Patrick Tatera, who opened the company in 2008, declined to comment.
The company produces beer concentrates condensed to one-sixth of beer’s normal volume. PBB sells the concentrate in small packs to cut down on space. Users mix the concentrate with water and CO2 in a PBB-designed water bottle (dubbed a “carbonator”) to produce a bubbly pint of beer.
Concentrated beer also reduces the environmental footprint of brewing by cutting the amount of water needed by 40 to 60 percent, Tatera said last year.
PBB has invested $5 million in developing its concentrate brewing process, said Tatera, an Alaska native.
The process is similar to how soda companies make flavored syrup, which PBB also makes.
The company sells starter kits, which include the carbonator plus five flavors of soda concentrate (ginger ale, lemon lime, root beer, cola and pomegranate cola) for $60 via its website. It also sells three different kinds of beer concentrate: American Logger, Pail Rail and Black Hops through local distributors.
During an interview with BusinessDen in February 2015, Tatera said he was looking for other ways to market the beer concentrate, such as selling it to bars and restaurants. In November, PBB announced it had partnered with Minnesota-based beverage company Cornelius Inc. to distribute its products worldwide.
The company reported less than $1 million in revenue, according to SEC documents.