Milton Brewery is a brewery in the village of Waterbeach, located 6 miles (9.7 km) north of Cambridge, England. Milton Brewery moved in July 2012 from the neighbouring village of Milton.
The brewery was established in June 1999. Its first beer, named Pegasus, has won several awards including runner-up for the CAMRA Champion Beer of Britain. In 2006 the brewery created the Pegasus Cup which is awarded to the Cambridge University college boat club which is most successful in the annual May Bumping Races.
The Milton Brewery has a pub-owning sister company which operates the Pembury Tavern, Hackney, London, the Coalheavers Arms Peterborough, the White Lion, Norwich and the Devonshire Arms and The Haymakers, both in Cambridge.