Titanic Distillers secures £5m boost

Titanic Distillers, Belfast’s first working distillery since Prohibition, has secured a £5million equity investment from Whiterock to expand its sales team, drive growth in new geographic markets and establish key distribution channels.

Titanic Distillers started production in August 2023 of its single malt whiskey under the watchful eye of head distiller Damien Rafferty, to accompany its portfolio of premium blended Irish Whiskey, Pot Still Irish Whiskey and Irish Vodka distilled from sugar beet, all made from ingredients that have been carefully selected to produce the best possible flavour.

The £5m funding package is comprised of equity investment from Whiterock’s Growth Capital Fund, which makes investments of between £1m and £5m for minority shareholdings in growth and scaling companies from Northern Ireland. Titanic Distillers previously availed of debt funding from Whiterock in 2022 to support the fitout and launch of the distillery.