Dois Corvos

What Dois Corvos does

Dois Corvos Cervejeira LLC is a privately held craft brewery founded in 2015 and headquartered in Lisbon, Portugal, operating from a production facility in the Marvila industrial district (A Fábrica) and two consumer-facing taprooms in Marvila and Intendente. The brewery produces 94+ unique beers across styles including New England IPAs (NE IPA, NE DIPA, Triple NEIPA), West Coast IPAs, session IPAs, pilsners, helles lagers, imperial stouts, pastry stouts, fruited sours, and barrel-aged wild ales, with a core range of approximately seven SKUs and roughly 74 one-off seasonal or collaborative releases. Its technical differentiation centers on a barrel aging program using six wood types (Bourbon, Madeira Rum, Neutral Oak, Carcavelos, Port, and Amphora), Brettanomyces-driven mixed fermentation for sours, and a hazy yeast specialization with 35+ beers produced using that strain.

The company's revenue model is entirely transactional and direct-to-consumer, with three channels: on-site draft and packaged sales at the two Lisbon taprooms, packaged beer and keg sales through its online shop (shop.doiscorvos.pt), and wholesale draft distribution to bars and retailers across Portugal. Pricing is not publicly disclosed. Distribution is purely domestic Portuguese, with no stated international export operations. The company has run an active international collaboration program since at least 2020, partnering with over 20 breweries including Basqueland, Brewfist, Pinta, Burial, Sakiskes, Piggy Brewing, and Resident Culture, and has executed cultural partnerships such as the Vicentes Barleywine with Portugal's National Ancient Art Museum. Marketing is social-media-led (Instagram, Facebook, Twitter, Untappd) plus an email newsletter, with no evidence of paid acquisition or programmatic channels. The company has received EU NextGenerationEU funding through Portugal's PRR recovery program to support capital expenditure, and no parent company, institutional investment, or executive team is disclosed in the source data.

Name

Dois Corvos

Legal name

Dois Corvos Cervejeira LLC

Website

https://doiscorvos.pt

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Dois Corvos is a Lisbon-based craft brewery founded in 2015 that produces 94+ beers spanning NE IPAs, barrel-aged sours, stouts, and lagers, selling through two Lisbon taprooms, an online shop, and domestic wholesale to Portuguese venues.

Ownership category

akta.pro rank

Product category

Craft Brewing

NAICS

Breweries (31212), Drinking Places (Alcoholic Beverages) (722410), Drinking Places (Alcoholic Beverages) (7224)

SIC

Malt Beverages (2082), Wholesale-Beer, Wine & Distilled Alcoholic Beverages (5180), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Microbreweries & Craft Breweries (THAFALAC)

akta.pro secondary industries

Brewpubs & Taprooms (On-site Beer Service) (THAFALAA), Craft Beer Bars & Taprooms (THAFAEAG), Packaging & Production Breweries (Limited/No On-site Service) (THAFALAB)

Keywords

• Craft beer brewing
• New England IPA
• Barrel aged beer
• Taproom beer sales
• Craft brewery

Headquarters

HQ city

Lisbon

HQ country

Portugal

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Taproom Sales: On-site draft and packaged beer sales at two Lisbon taproom locations (Marvila and Independencia) plus the main brewery tap.
2. Online Shop: Direct-to-consumer packaged beer sales through the online shop (shop.doiscorvos.pt), including cans, bottles, and kegs for takeaway.
3. Wholesale/Distribution: Distribution of draft beer (kegs) to other venues and retailers throughout Portugal.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Dois Corvos is a Lisbon-based craft brewery that brews and sells more than 94 distinct beers, including New England IPAs, imperial stouts, sours, lagers, pilsners, and barrel-aged wild ales. The company sells its beer directly to consumers through two Lisbon taprooms (Marvila and Intendente) and an online shop, and distributes kegs to bars and restaurants across Portugal. A core range of year-round beers is complemented by an extensive program of seasonal, one-off, and collaborative limited releases with international breweries.

Product overview

Dois Corvos is a craft brewery based in Lisbon, Portugal, offering a diverse portfolio of over 94 beer products across multiple styles. The product line includes Core Range staples like Weekend (Hazy IPA), Matiné (Session IPA), Trëma (Helles Lager), Prata (Pilsner), and Finisterra (Imperial Porter), alongside seasonal and limited releases. Their offerings span New England IPAs (NE IPA, NE DIPA, Triple NE IPA), Session IPAs, West Coast IPAs, Sours (Fruit Sours, Barrel Aged Wild Ales), Stouts (Imperial Stouts, Breakfast Stouts, Pastry Stouts), Lagers (Pilsners, Helles, Vienna Lager, Rice Lager), and specialty styles. Many products are collaborations with other breweries worldwide, including Basqueland, Sakiskes, Brewfist, Pinta, and others. The brewery also produces barrel-aged beers using Bourbon, Madeira Rum, Port, Neutral Oak, Carcavelos, and Amphora barrels. Products are available in multiple formats including 44 cl cans, 33 cl cans, 33 cl bottles, 37.5 cl bottles, and kegs.

Differentiator

Problem solved

Functional benefit

Products and services

• Matiné (Session IPA) A 4.5% ABV Core Range Session IPA brewed with Mosaic and Citra hops for everyday drinkability, targeted at craft beer consumers seeking lower-ABV hop-forward beer.
• Creature (West Coast IPA) A Core Range Modern West Coast IPA, 6.3% ABV, dry-hopped with Citra, Centennial, Amarillo, and Simcoe hops delivering pine and fruit character.
• Murmário (American Amber Ale) A Core Range American Amber Ale, 5.6% ABV, brewed with Cascade, Simcoe, and Mt Hood hops for a balanced amber profile.
• Prata (Pilsner) A Core Range Pilsner brewed with 100% premium malts and traditional German hops using a three-step mash and 60-day fermentation/maturation at 5% ABV.
• Finisterra (Imperial Porter) An Imperial Porter named after the ancient Roman name for Portugal, 8.5% ABV, with dark roasted flavors.
• Weekend (Hazy IPA) A Core Range Hazy IPA, 6.5% ABV, dry-hopped with Citra, Mosaic, and El Dorado hops delivering tropical hop character. Available in 44 cl cans and kegs.
• Trêma (Helles Lager) A Munich Helles-style lager brewed with 100% organic malts and Bavarian yeast, hopped with Saaz and Mt Hood for refreshing hot-day drinking.
• Benta (American Pale Ale) An American Pale Ale, 5.4% ABV, with Cascade hops delivering pine and fruit notes.
• Into the Woods (Scotch Ale) A Scotch Ale, 8% ABV, brewed with Willamette and Magnum hops, American Ale yeast, and beech smoked malt.
• Barrel Aging Program (Bourbon, Madeira Rum, Port, Carcavelos, Amphora) Multi-barrel aging program using Bourbon, Madeira Rum, Port, Carcavelos wine, Neutral Oak, and Amphora barrels to age wild ales, imperial stouts, and barrel-aged beers including Dionysus, Bachus, A Berry Private Affair, O Rei, Murder in Carcavelos, and Golden Visa.
• Hazy For You To Say (NE DIPA collaboration with Basqueland) A New England Double IPA, 8% ABV, brewed in collaboration with Spanish brewery Basqueland, featuring a tropical hop profile. First released July 2024 in 44 cl cans and kegs.
• Whole Nine Yards (Triple NEIPA) A Triple NEIPA, 9% ABV, brewed with Hazy yeast for tropical hop character, available in 44 cl cans and kegs. Released July 2024.
• Golden Visa (Barrel Aged Imperial Stout with Coconut and Cocoa) A Barrel Aged Imperial Stout aged for a year in Madeira Rum and Bourbon barrels, then racked onto flaked coconut and cocoa, producing a rich, malty, sweet, creamy 10% ABV stout.
• Marvila Taproom (On-site Beer Sales) Company-owned taproom at Rua Capitão Leitão, 94, Lisbon, serving draft beer for on-site consumption and packaged takeaway. Open Sun-Thu 3PM-11PM, Fri-Sat 3PM-1AM.
• Intendente Taproom (On-site Beer Sales) Company-owned taproom at Rua dos Anjos 16B, Lisbon, serving draft beer for on-site consumption and packaged takeaway. Open Wed-Fri 4PM-12AM, Sat 4PM-2AM.
• Online Shop (shop.doiscorvos.pt) Direct-to-consumer e-commerce store for packaged beer (cans, bottles) and kegs, accessible at shop.doiscorvos.pt.

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

18 partnerships are on record, tiered core and minor.

• BasquelandcoreStrategic or Co-development PartnerBasqueland is a Spanish brewery and one of Dois Corvos' key collaboration partners. They have collaborated on at least two beers: Topa! (Double NE IPA released April 2022) and Hazy For You To Say (NE DIPA released July 2024). Both collaborations feature tropical hoppy styles.
• SakiskesminorStrategic or Co-development PartnerCollaboration on Three-Headed Dog Walker, a Triple NE IPA released August 2023 featuring Azacca, Vic Secret, and Idaho 7 hops.
• BurialminorStrategic or Co-development PartnerCollaboration on Casamentos & Baptizados (Imperial Stout with Pastel de Nata, released February 2020), a beer modeled after Lisbon's famous pastel de nata.
• VilhoaminorStrategic or Co-development PartnerCollaboration on O Rei (Rum Barrel Aged Imperial Stout, released November 2020).
• BrewfistminorStrategic or Co-development PartnerCollaboration on Sciogli Lingua (Double NE IPA, released March 2022) featuring Azacca, El Dorado, and Idaho 7 hops.
• Adega MarelminorStrategic or Co-development PartnerCollaboration on Dionysus (Barrel Aged Wild Ale, released December 2022), made with Antão Vaz white grape must and aged 12 months in oak barrels.
• Museu Nacional de Arte AntigaminorStrategic or Co-development PartnerCollaboration on Vicentes (Barleywine, released January 2023), a limited edition beer made using the oldest known beer recipe, in partnership with Portugal's National Ancient Art Museum.
• NeighbourhoodminorStrategic or Co-development PartnerCollaboration on Misfits at the Beach (NE IPA) featuring Citra, Galaxy, and Vic Secret hops.
• PintaminorStrategic or Co-development PartnerCollaboration on Magnetic Poles (Baltic Porter with Tonka Bean), a classic Baltic Porter recipe made with Polish brewery Pinta.
• MoersleutelminorStrategic or Co-development PartnerCollaboration on Still Life With Stout and Some Other Stuff (Imperial Stout with Some Stuff In It) featuring cocoa nibs and hazelnut.
• Piggy BrewingminorStrategic or Co-development PartnerCollaboration on Insane Lorraine (Cold IPA, released May 2023) featuring Falconer's Flight and Cashmere hops.
• Resident CultureminorStrategic or Co-development PartnerCollaboration on Tongue in Cheek (Imperial Stout with Pecan Praline and Tonka, released March 2023).
• Motorcycle Film FestivalminorStrategic or Co-development PartnerCollaboration on Soul Fuel (Vienna Lager) in association with the Motorcycle Film Festival.
• SalamaminorStrategic or Co-development PartnerCollaboration on Only Fans (Rice Haze IPA, released June 2023) featuring Idaho 7, Mosaic, Vic Secret, and Galaxy hops.
• D'os DiabosminorStrategic or Co-development PartnerCollaboration on Rye do Miúdo (Rye Lager, released May 2022).
• VetraminorStrategic or Co-development PartnerCollaboration on Mayhem King (Kveik IPA) featuring El Dorado, Vic Secret, and Citra hops.
• PravdaminorStrategic or Co-development PartnerCollaboration on Water Your Freedom (NE IPA) featuring Talus, Simcoe, and Citra hops.
• CatraiominorStrategic or Co-development PartnerCollaboration on Catraio Cara+*#!! (NE IPA) featuring Eclipse, Cashmere, and Citra hops.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Musa: Portuguese craft brewery based in the Marvila industrial area of Lisbon, an immediate domestic peer. Comparable scale, DTC taproom model, and similarly diversified style portfolio (IPAs, sours, barrel-aged).
• Pinta Brewery: Polish craft brewery of similar size and reputation. Collaboration partner (Magnetic Poles Baltic Porter), and operates a comparable model combining taproom, online shop, and wholesale distribution.
• Sovina: Portuguese craft brewery operating with a similar artisanal, experimental positioning and limited distribution within Portugal. Closely comparable in scale and style diversity.
• Basqueland Brewing: Spanish craft brewery with a similar size and a portfolio centered on hazy/NE IPAs and barrel-aged beers. Direct collaboration partner of Dois Corvos (e.g., Topa!, Hazy For You To Say), making it one of the most directly comparable peers.
• Brewfist: Italian craft brewery comparable in scale and style focus (NE IPAs, Imperial Stouts, collabs). Collaboration partner of Dois Corvos (Sciogli Lingua), operating with a similar DTC + wholesale hybrid model.
• Omnipollo: Swedish craft brewery known for experimental hazy IPAs, pastry stouts, and high-profile collaborations. Comparable in product experimentation, brand-forward aesthetic, and international collaboration strategy.
• Cloudwater Brew Co. UK craft brewery with a comparable rotating, style-diverse portfolio and taproom presence. Similar mid-sized craft operation with strong brand equity in NE IPA and specialty styles.
• Verdant Brewing Co. UK craft brewery renowned for hazy/NE IPA expertise and a prolific one-off release calendar. Highly comparable to Dois Corvos in style specialization, SKU velocity, and brewery-taproom DTC approach.

Broad incumbents

• Mikkeller: Larger Danish craft brewery brand with a global taproom footprint. Comparable as a craft brewery whose product experimentation and DTC/retail strategy overlaps with Dois Corvos, but at materially greater scale and international reach.
• Other Half Brewing: US craft brewery widely regarded as a leading hazy/NE IPA producer. Comparable in NE IPA specialization and limited-release model, though operating at a larger scale and with broader US wholesale distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/DoisCorvos
• Facebookfacebook.com/doiscorvoscerveja
• Instagraminstagram.com/doiscorvos
• LinkedInlinkedin.com/company/doiscorvos

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dois Corvos