In 2016, Philip Petracca appeared on the ABC show Shark Tank to pitch Fizzics, a beer-pouring device that enhanced a beer s flavor by preserving the aromatic compounds in its foam, Philadelphia Business Journal reported. He landed a $2 million investment from Lori Greiner and Mark Cuban. The product was sold on QVC and in Bed Bath & Beyond.
Petracca left the company in 2017. Two years later the company filed for bankruptcy.
Later this year, Source Farmhouse Brewery will begin construction to double the capacity of its New Jersey location. The work is expected to finish early next year. With this expansion, and the opening of the Philly location, the brewery estimates its annual production will jump from 3,000 to 8,000 barrels, according to the Business Journal.